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Workhorse Awarded Sourcewell Contract for Zero-Emission Commercial Vehicles
GlobeNewswire News Room· 2024-07-16 12:30
Sourcewell is a government agency created by the Minnesota legislature as a local unit of government (Minn. Const. art. XII, sec. 3) and serves as a service cooperative. Sourcewell is dedicated to streamlining the procurement process and combines the purchasing power of numerous agencies into a single cooperative group. Their contracts are competitively solicited to meet the public bidding requirements of participating entities. Workhorse was awarded a Sourcewell contract following a rigorous request for pr ...
Workhorse Awarded Sourcewell Contract for Zero-Emission Commercial Vehicles
Newsfilter· 2024-07-16 12:30
As an awarded contract supplier, Workhorse has joined an elite group of vendors approved to serve Sourcewell's network of members across the United States and Canada. Sourcewell participants now have streamlined access to Workhorse's portfolio of all-electric medium-duty vehicles, including the W56 step van, W750 step van, and W4 CC cab chassis. Sourcewell is a self-sustaining government organization that partners with education, government, and nonprofits to empower student and community success. Throughou ...
Workhorse Introduces the W56 Extended Wheelbase Version
GlobeNewswire News Room· 2024-07-10 20:05
"The 208-inch wheelbase W56 is a testament to our commitment to continuous innovation to meet the evolving needs of our customers," said Workhorse Chief Technology Officer, Josh Anderson. "We've added over one hundred refinements to this new variant of the W56, designed to provide enhanced efficiency and easier upfitting. These include improved service access, additional charge port location options, new entry and cargo door options, and a revised rear box structure. Modular accessories such as doors, light ...
Workhorse Introduces the W56 Extended Wheelbase Version
Newsfilter· 2024-07-10 20:05
As previously disclosed, Workhorse has secured an order for the extended wheelbase W56 from a customer who was impressed by the technical superiority of the W56 platform and the excellent service and support provided by the Company but required a larger version of the W56 to meet their specific needs. Standard production of the new, extended wheelbase W56 is set to begin in Q3 of 2024 at Workhorse's Union City, IN assembly complex, alongside the 178-inch wheelbase W56, launched in Q3 of 2023. Initial custom ...
Workhorse W750 to be Showcased at the Georgia Clean Energy Roadshow by Electric Commercial Vehicles
Newsfilter· 2024-07-01 12:30
The Clean Energy Roadshow is Georgia's original and longest running new technology vehicle showcase and seminar. This premier event brings together a diverse group of stakeholders, including auto and bus manufacturers, utility partners, and fueling and charging infrastructure suppliers, all dedicated to advancing the adoption of clean energy vehicles. "The W750 delivers outstanding performance as a work-ready, all-electric commercial truck with immediate torque and more power than ICE vehicles," said Omar B ...
Workhorse Expands Product Offering with Upfit Solutions from Surefitters
Newsfilter· 2024-06-27 20:05
CINCINNATI, June 27, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) ("Workhorse" or "the Company"), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, announced a new upfit program in partnership with Surefitters, a leader in truck and van upfitting based in Rosemount, MN. Through this partnership, Workhorse will offer a range of upfit options for its medium-duty commercial EVs. The upfit program with Surefitters offers a ship-thru solutio ...
Workhorse (WKHS) Adds Eco Auto to Its Certified Dealer Network
ZACKS· 2024-06-27 14:21
Workhorse Group Inc. (WKHS) announced that Eco Auto has joined its Workhorse Certified Dealer Network, becoming the company's first dealer in the Greater Boston area and the 13th across the nation. Eco Auto is dedicated to customer service, offering a wide range of services, including the purchase of electric and hybrid vehicles, energy solution evaluations and expert EV maintenance. By adding Workhorse's Class 4-6 electric work trucks to its offerings, Eco Auto is set to provide even greater value to its c ...
Workhorse Expands Certified Dealer Network with Eco Auto of North Boston
Newsfilter· 2024-06-26 12:30
"Eco Auto is committed to lowering the barriers of entry to sustainable transportation, and we are excited about our partnership with Workhorse to continue to bolster our offerings in the commercial fleet electrification space," said Al Salas, owner of Eco Auto. "It's an honor to be a pioneer in our market and we are looking forward to serving businesses and municipalities that are looking to reduce their carbon footprint here in New England." About Eco Auto of North Boston Media Contact: Aaron Palash / Gre ...
Workhorse Expands Certified Dealer Network with Eco Auto of North Boston
GlobeNewswire News Room· 2024-06-26 12:30
Core Viewpoint - Workhorse Group Inc. expands its dealer network by adding Eco Auto as its first dealer in the Greater Boston area, enhancing its commitment to zero-emission commercial vehicles [1][4]. Company Overview - Workhorse Group Inc. is focused on pioneering the transition to zero-emission commercial vehicles, specifically targeting the last-mile delivery sector with high-performance, battery-electric trucks [4][6]. - The company also develops cloud-based telematics systems for real-time performance monitoring, aimed at optimizing energy and route efficiency for fleet operators [4]. Dealer Network Expansion - The addition of Eco Auto marks Workhorse's 13th dealer nationwide and is a strategic move to grow its presence in the Northeast [1][6]. - Eco Auto specializes in sustainable commercial vehicle solutions and is committed to lowering barriers for businesses transitioning to electric vehicles [3][5]. Electric Vehicle Adoption in Massachusetts - Massachusetts is a key state for electric vehicle adoption, supported by the MOR-EV program, which offers rebates ranging from $30,000 to $60,000 per vehicle for the purchase or lease of electric trucks [3]. - The program is accessible to various entities, including private businesses, universities, nonprofits, and municipalities, facilitating the transition to zero-emission vehicles [3]. Commitment to Sustainability - Both Workhorse and Eco Auto emphasize their commitment to sustainability and customer service, aiming to support businesses in achieving their zero-emissions goals [4][5]. - Eco Auto plans to enhance its offerings in the commercial fleet electrification space, providing a comprehensive range of services from vehicle purchasing to energy solutions and maintenance [7][8].
Will a 1-for-20 Reverse Split Save Workhorse (WKHS) Stock?
Investor Place· 2024-06-17 14:29
Troubled electric vehicle (EV) company Workhorse (NASDAQ:WKHS) just held a 1-for-20 reverse stock split to maintain the Nasdaq's minimum bid price requirement. The reverse split brought the price of shares from 15 cents to $3 apiece. All Work, No Horse Since then, the company has become a manufacturer of electric vans. WKHS stock was hot during the EV excitement of 2020, as it sought a contract to build electric delivery vans for the U.S. Postal Service. At the time, I called WKHS a "bubble stock." Oshkosh ...