Workhorse Electric Vehicles Surpass 20 Million Miles on the Road

Core Insights - Workhorse Group Inc. has achieved a significant milestone with its 1,100+ electric vehicles surpassing 20 million miles of in-service travel, showcasing the quality and performance of its vehicles and the trust from repeat customers [1][2][14] - The company emphasizes that medium-duty trucks represent a key opportunity for electrification, contributing to zero tailpipe emissions and supporting economic activities [2][8] Company Developments - Workhorse's operational insights are enhanced through its subsidiary, Stables by Workhorse, which operates a mixed fleet of electric and internal combustion engine vehicles, providing real-world data for last-mile delivery [3][6] - The design and engineering of Workhorse's 7th Generation (Gen 7) platform is informed by extensive operational experience, featuring a modular approach that allows for rapid creation of new vehicle configurations [4][5][14] - The Gen 7 platform aims to meet current operational needs while being adaptable to future technological advancements in safety and performance [5][6] Environmental Impact - Workhorse's electric vehicles have collectively avoided the use of over 2.3 million gallons of petroleum-based fuel, equivalent to the annual fuel consumption of approximately 5,700 cars, and have reduced CO2 emissions by more than 45 million pounds, comparable to taking about 4,500 cars off the road for a year [8][15][20] Market Position - The company has established a national network for vehicle sales and post-sale support, with major fleet operators, including Purolator and FedEx independent service providers, deploying Workhorse vehicles [6][10] - Workhorse's vision of "Better Trucks. Better World" is being advanced through the production of its W56 and EPIC4 vehicles at its manufacturing facility in Indiana, which includes a variety of vehicle types [7][10] Customer Feedback - Positive feedback from customers indicates that Workhorse trucks meet performance, durability, and uptime needs while providing significant savings on fuel and maintenance, suggesting a strong outlook for repeat orders in 2026 [8][11]