Nu Ride Inc. (NRDE)

Overall impact
B (80)

Commentary

Nu Ride Inc. is a strong overall performer. With a 'B' rating of 79.7 for overall impact (94th percentile compared to all companies), Nu Ride Inc. ranks 22nd out of 99 industry peers, behind Rivian Automotive, Volvo Car AB, Xpeng and 18 others, and ahead of Toyota Industries, Brilliance China Automotive Holdings, Lucid Group and 74 others. On top material causes for Nu Ride Inc.'s industry (Automobiles), Nu Ride Inc. performs well in Renewable Energy Growth (94.3 score), Reduced Green House Gas Emissions (95.0), Renewable Energy Growth (94.3) and 17 other causes where it received an 'A' score and performs poorly in Accountable Institutions (16.0 score), Accountable Institutions (16.0), Accountable Institutions (16.0) and 13 other causes where it received a 'D' or 'F' score.
Impact
Cause NRDE
Peer rank
Overall impact

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Company
Founded
2019
Employees
1
Sector
Consumer Discretionary
Industry
Automobiles
Sub-industry
Automobile Manufacturers
SASB industry
Automobiles
Headquarters
Ny, United States
Share classes
NRDE
Description
Lordstown Motors Corp. develops, manufactures, and sells Endurance, an electric full-size pickup truck for fleet customers in the United States. Lordstown Motors Corp. was incorporated in 2018 and is based in Lordstown, Ohio. On June 27, 2023, Lordstown Motors Corp., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.
Material causes
Ethos considers the following causes material for Nu Ride Inc., based on its industry sub-industry Automobile Manufacturers. Learn more about material causes in our methodology overview.

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