Lordstown has ‘binding orders’ for first two years of truck production – president
“Currently we have enough orders for production for ‘21 and ‘22,” President Rich Schmidt said at an Automotive Press Association event in Detroit. “Those are firm orders we have for those two years. They are basically binding orders that are committed here in the last two weeks, reconfirmed orders.”
#AceFinanceReport – Apr.02: Evidence of this includes the low rate at which domestic inventors file for patent protection overseas, the low rate in which inventors commercialize patented inventions, and the high rate of bad-faith trademark filings and fraudulent trademark specimens:
While the number of patents and trademarks is often a measure of the intensity of a country’s creativity and innovation, the report cautions that conclusions in this regard with respect to China should not be reached without consideration of non-market factors, such as government subsidies and government mandates.
The report also explores the impacts of the increased patent and trademark filings by Chinese entities on IP systems, including undermining domestic and foreign registries, stretching the capacity of China’s patent and trademark examiners and review authorities, and narrowing the scope of available protection for legitimate rights holders.