LORDSTOWN, Ohio - Lordstown Motors is now reversing course and saying it doesn't have any binding orders for it's Endurance electric pickup truck.

This is in contradiction to the statement Lordstown Motors President Rich Schmidt made June 15.

"Currently, we have enough orders for production for [2021] and [2022]. Currently, those are firm orders we have for those two years," Schmidt said at an event for the Automotive Press Association. 

Schmidt was then asked how he knew those were actual binding orders.


"I don't know the exact facts of the legal aspect of that, but they are basically binding orders. They are committed here in the last two weeks, reconfirmed orders, so they're pretty solid," he said.

Apparently not that solid. Lordstown clarified Schmidt's comments Thursday in a filing with the Securities and Exchange Commission (SEC), stating the following:

"Although these vehicle purchase agreements provide us with a significant indicator of demand for the Endurance, these agreements do not represent binding purchase orders or other firm purchase commitments."

The company also said, as it previously disclosed to the SEC, it admits to having engaged in limited marketing activities and has no binding purchase orders or commitments from customers.

Lordstown Motors also announced it has hired John Whitcomb, who will take over as the Vice President of Global Commercial Operations.

Whitcomb will be responsible for driving the go-to market strategy ahead of the start of production of the Endurance in late September.