The Electrification Epicenter
6.2 million square feet of working space in the heart of America.
Learn More“Lordstown Motors… has designed its truck without any motors housed inside the body at all. Instead, the four electric motors on the Lordstown Endurance will be inside the wheels. It's an idea that's been explored by other automakers but rarely implemented in a production vehicle.”
“…the Endurance has one thing the other electric pickup trucks don't: it's the first commercial car to have four in-wheel hub motors that allow the truck to operate better in ‘sticky, muddy, or slippery’ environments.”
“This is our headquarters. I think it's the first time that the Lordstown area will be charged with their own destiny.” - Steve Burns
“...Lordstown Motors has two major advantages. First, its Endurance pickup is based on proven technology that is already deployed in hundreds of United Parcel Service delivery trucks. And second, the company owns a fully equipped, 6.2 million-square-foot assembly plant that GM closed in March...”
TCO Calculator
| $52,500 | Initial cost |
| Years owned | |
| Mileage per year | |
| Electric Cost Per kWh, $ 1 | |
| $1040 | Fuel cost 2 |
| $360 | Maintenance cost 3 |
| ($7,500) | Federal tax credit 4 |
| Local tax credit 5 | |
| Number of vehicles | |
|
|
|
| $56,200.00 | TOTAL |
FORD F-150 LARIAT 4WD
| $51,775 | Initial cost |
| 5 | Years owned |
| 20,000 | Mileage per year |
| Price per gallon, $ 6 | |
| $3671.43 | Fuel cost 7 |
| $1080 | Maintenance cost 8 |
| N/A | Federal tax credit |
| N/A | Local tax credit |
| 1 | Number of vehicles |
|
|
|
| $82,819.44 | TOTAL |
| ($27,059.44) | DIFFERENCE |
* Operating Costs are meant to be a guideline for the advantages of using electric vehicles. Other factors such as depreciation, local sales tax, tires, unforeseen repairs and financing options affect the total cost of ownership of a vehicle.
1 To find the average cost per kWh in your state, visit https://www.chooseenergy.com/electricity-rates-by-state/
2 Fuel cost calculated by taking total mileage per year multiplied by kWh used per mile by the Endurance™ (0.4 kWh/mile) to get yearly kWh used. Yearly kWh used was then multiplied by cost per kWh
3 Internal Data
4 Source: https://www.irs.gov/businesses/plug-in-electric-vehicle-credit-irc-30-and-irc-30d
5 For info on local tax credits available to you, visit https://afdc.energy.gov/laws/search
6 National average for gallon of gas - $2.57 per gallon as of 12/09/19, per AAA
7 Fuel costs per year calculated by taking average miles per gallon of Ford F-150 Lariat 4WD (18 MPGs) and dividing by mileage per year to get total gallons per year. Total gallons per year were then multiplied by the price for gallon
8 Maintenance costs determined by Edmunds True Cost to Own®. Source: https://www.edmunds.com/tco.html
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