Workhorse Group and Motiv Electric Trucks Complete Merger, Creating a Leading North American Medium-Duty Electric Truck OEM

Positioned to create value by offering broader portfolio of high performing commercial EVs at lower unit costs, targeting ~$23B medium-duty market1 Strengthened financial profile with access up to $50 million in new debt financing Combined company to be called Workhorse and trade on Nasdaq under “WKHS” Scott Griffith, Workhorse CEO, issues letter to shareholders highlighting strategic vision and go-forward priorities  WIXOM, Mich., Dec. 15, 2025 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Work ...