Workhorse Group, Inc
WKHSWorkhorse Group, Inc. is an American technology company that specializes in electric delivery vehicles and fleet management solutions. Founded in 2007, the company focuses on developing sustainable, zero-emission transportation options for commercial use, including electric trucks, drones, and related software. Workhorse's innovative approach aims to revolutionize last-mile delivery and logistics.
Company News
Workhorse Group Inc. announced it will hold a conference call on August 13, 2026, to discuss second quarter results and business outlook. The company also appointed Jody Davis as Chief Financial Officer. In Q1 2026, Workhorse reported revenue of $4.3 million (up from $1.1 million in Q1 2025) and delivered 21 vehicles (compared to 5 in Q1 2025).
Workhorse Group shares rose 5.42% on Monday following a purchase order from Purolator for 100 electric step vans, which will double Purolator's Workhorse fleet. The company also recently unveiled a budget-friendly 140 kWh W56 electric van priced at $169,000. Despite positive news, the stock remains significantly below its moving averages and has ...
Workhorse Group shareholders voted to approve a merger with Motiv Electric Trucks, aiming to create a leader in medium-duty electric vehicle market. The transaction is expected to close in the coming weeks, pending regulatory approvals and financing arrangements.
Workhorse Group is recommending shareholders vote in favor of its transaction with Motiv Electric Trucks, supported by independent proxy advisory firms ISS and Glass Lewis who recognize the strategic value and potential benefits of the merger.
Law firm Halper Sadeh LLC is investigating potential securities law violations and fiduciary duty breaches for several companies involving mergers and sales transactions.
