Core Insights - Workhorse Group Inc. has made a significant advancement in sustainable transportation with McAbee Trucking acquiring an all-electric W4 CC box truck, marking McAbee's first electric vehicle addition to its fleet [1][4] - The decision to purchase the W4 CC was influenced by its impressive performance during a demonstration period, showcasing the reliability and efficiency of Workhorse's electric trucks in real-world operations [1][11] Company Overview - Workhorse Group Inc. is focused on providing ground-based electric vehicles for the last-mile delivery sector, designing and building high-performance, battery-electric trucks [7] - The company also develops integrated cloud-based telematics systems to optimize energy and route efficiency for fleet operators [7] McAbee Trucking Details - McAbee Trucking, established in 1971, operates as a contractor for the United States Postal Service, delivering packages between USPS locations in North Carolina and South Carolina [9] - The company currently employs 68 individuals and operates a fleet of 63 vehicles, which includes propane, compressed natural gas (CNG), and diesel trucks [9] Industry Context - The acquisition of the Workhorse electric truck aligns with the National Star Route Mail Contractors Association's commitment to supporting alternative fuel adoption, including battery-electric solutions [6] - This move is consistent with the Postal Service's goals to reduce harmful emissions by transitioning to alternative fuel trucking fleets [6][8]

The W4 CC electric box truck is equipped to perform a 120-mile daily round trip mail route between Blacksburg, South Carolina, and Shelby, North Carolina. This addition underscores McAbee Trucking's commitment to lowering emissions while maintaining their impressive reliability record and an on-time dispatch rating of over 99% by the U.S. Postal Service. Greg Reed, Executive Director of the National Star Route Mail Contractors Association, also commented on this significant development: "The National Star R ...

Faraday Future (NASDAQ:FFIE) reminds me of four other, largely unsuccessful electric-vehicle makers: Workhorse (NASDAQ:WKHS), Mullen (NASDAQ:MULN), Canoo (NASDAQ:GOEV), and Nu Ride (OTCMKTS:NRDE), formerly known as Lordstown Motors. Like those other firms, Faraday talks a great deal about unimpressive future plans and partnerships that are either unremarkable or unspecific or both. And similar to its troubled peers, Faraday has never generated much revenue. Workhorse had only $13 million in revenue last yea ...

"Sourcewell is dedicated to streamlining the procurement process and combines the purchasing power of numerous agencies into a single cooperative group," said Workhorse. "Their contracts are competitively solicited to meet the public bidding requirements of participating entities." WKHS Stock: Workhorse Awarded Sourcewell Contract The contract comes about two weeks after Workhorse regained compliance with Nasdaq's minimum bid price requirement. The company was able to regain compliance after having a closin ...

Company Overview - Workhorse Group Inc. is an American technology company focused on pioneering the transition to zero-emission commercial vehicles, specifically in the last-mile delivery sector [10][12] - The company designs and builds high-performance, battery-electric trucks and develops cloud-based telematics systems for fleet operators [12] Contract Award - Workhorse has been awarded a contract by Sourcewell, allowing it to serve government, educational, and nonprofit sectors across all 50 states and Canada [10][4] - The contract pertains to the procurement of Class 4-8 chassis and cabs, along with related equipment, accessories, and services [10][11] - The contract number is 032824-WKH, with a maturity date of July 9, 2028, and the possibility of one-year extensions [11] Sourcewell Overview - Sourcewell is a self-sustaining government organization that partners with various sectors to streamline the procurement process [2][7] - It offers a cooperative purchasing program with over 400 awarded suppliers, ensuring members receive the best value for their procurement needs [2][7] Strategic Importance - The contract with Sourcewell enables Workhorse to efficiently deploy zero-emission vehicles to municipalities, which are increasingly transitioning to zero-emissions fleets [4][10] - This partnership satisfies legal procurement requirements and simplifies the buying process for customers [4][7]

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 ...

Core Viewpoint - Workhorse Group Inc. is showcasing its W750 medium-duty electric vehicle (EV) at the Clean Energy Roadshow, emphasizing its role in the transition to zero-emission commercial vehicles and the importance of education for fleet operators in adopting alternative fuel vehicles [4][10]. Company Overview - Workhorse Group Inc. is an American technology company focused on providing ground-based electric vehicles for the last-mile delivery sector, designing and building high-performance, battery-electric trucks [2][4]. - The company also develops cloud-based telematics performance monitoring systems integrated with its vehicles to optimize energy and route efficiency [2]. Product Details - The W750 is an all-electric commercial truck that offers immediate torque and more power than internal combustion engine (ICE) vehicles, significantly reducing the annual cost of ownership while providing a comfortable driving experience [2][10]. - The W750 is designed for last-mile delivery, providing a zero-emission solution with class-leading payload and range [5]. Event Information - The Clean Energy Roadshow is Georgia's largest showcase for alternative fuel fleet vehicles, featuring the W750 at three key locations from July 9 to July 11, 2024 [4][6]. - The event is open to fleet leaders, elected officials, and private enterprise fleets, aiming to advance the adoption of clean energy vehicles [6].

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 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 ...

"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 ...