Search Results Found For: "workhorse"

Workhorse drops lawsuit against USPS over vehicle contract

It’s a sad song, but, like the Beatles’ Jude, EV manufacturer Workhorse Group is trying to make it a little better. The company has voluntarily withdrawn a lawsuit that it filed against the US Postal Service, after the agency passed Workhorse over for a multibillion-dollar contract to produce the next generation of mail delivery vehicles…. Read more »

Coulomb Solutions to supply CATL battery systems for Workhorse commercial EVs

Commercial EV maker Workhorse has entered into a supply agreement with Coulomb Solutions (CSI), a distributor for Contemporary Amperex Technology (CATL) batteries, to provide battery systems for Workhorse’s electric delivery vehicles. The CATL battery systems supplied by CSI will power Workhorse’s composite C-650 and C-1000 delivery vans starting in the second quarter of this year. CSI… Read more »

Is Workhorse still in the game? Lawmakers investigate Oshkosh trades, introduce bill to fund US Postal Service electrification

EV advocates (and investors in WKHS stock) were shocked and disappointed by the US Postal Service’s recent decision to award a 10-year contract to Wisconsin-based Oshkosh Defense to manufacture a new generation of postal delivery vehicles. The Workhorse Group, which specializes in EVs designed for last-mile delivery, and counts UPS and FedEx Express among its… Read more »

Oshkosh beats Workhorse for USPS contract, new vehicles may use fossil fuel powertrains

After deliberating about a long-overdue modernization of its vehicle fleet for nearly a decade, the US Postal Service has awarded a 10-year contract to Wisconsin-based Oshkosh Defense to manufacture a new generation of postal delivery vehicles. Under the contract’s initial $482-million investment, Oshkosh will finalize the production design of the Next Generation Delivery Vehicle (NGDV),… Read more »

Workhorse receives order for 500 electric delivery trucks

Pritchard Companies, a commercial vehicle distributor that sells over 30,000 units annually to customers across all 50 states, has ordered 500 all-electric C-1000 delivery vehicles from electric truck maker Workhorse Group. (NASDAQ: WKHS). The vehicles will be distributed through Pritchard’s dealership locations across the country. Inventory financing will be provided by Workhorse’s financial partner Hitachi… Read more »

Ford says electric F-150 will be “a workhorse,” will begin production in mid-2022

Many believe the tipping point for EVs in the US will occur when a selection of electric pickup trucks hits the market. Now Ford, the prime purveyor of pickups, has announced that it is moving ahead with its plans to produce an electric version of the F-150, the nation’s bestselling vehicle. The Detroit Free Press… Read more »

Workhorse C-Series electric delivery trucks earn EPA Certificate of Conformity

Electric truck maker Workhorse Group (NASDAQ: WKHS) has been around for a while—Charged wrote about the company’s plug-in pickup back in 2017—and it continues to make steady progress. Now the company has announced that its new C-Series electric delivery trucks have each received an EPA Certificate of Conformity, confirming that the new vehicles conform to… Read more »

GM finalizes sale of Lordstown plant to Workhorse-affiliated EV builder

Well, what do you know! It appears the historic Lordstown deal is going to happen after all. Lordstown Motors (LMC) has formally announced its acquisition of the former GM manufacturing complex in Lordstown, Ohio. LMC, a spin-off of Workhorse Group (NASDAQ: WKHS), plans to begin production of an electric pickup at the Lordstown plant starting… Read more »

No, Workhorse hasn’t yet secured funding to buy GM’s Lordstown plant, but the deal is moving forward

For some time, Charged has followed the story of Workhorse Group, a Cincinnati-based company that has built a prototype electric pickup, has sold electric trucks to UPS and FedEx, and is in the running for a major contract to supply delivery trucks to the US Postal Service. Along with other observers of the EV scene,… Read more »

Is Workhorse’s deal to buy Lordstown plant from GM to build electric pickup too good to be true?

News travels by strange paths these days. The world first learned of a tentative deal for electric truck maker Workhorse to buy GM’s idled Lordstown, Ohio plant via a self-congratulatory tweet by the President of the US. If the deal goes through, it could be a win-win-win-win: Workhorse might receive a windfall like the one… Read more »