EBike Work Horse

Tuesday, 15 October 2024 12:25 PM Workhorse Group Inc. has announced that its 208-inch extended wheelbase version of the W56 step van has achieved FMVSS and HVIP certifications, validating its safety and environmental compliance. The model is now in full production at Workhorses Union City, Indiana facility, with deliveries expected in Q4 2024. This development addresses the growing demand for larger, zero-emission delivery vehicles.

Sunday, 15 September 2024 08:17 AM FedEx has ordered 15 more Workhorse W56 electric step vans after a successful pilot program. The W56 is designed for commercial-scale last-mile delivery operations, offering superior efficiency, lower operational costs, and reduced air pollution. FedEx aims to transition its global parcel pickup and delivery fleet to all zero-tailpipe emissions vehicles by 2040. I think this is a significant step towards a more sustainable delivery fleet.

Tuesday, 20 August 2024 08:24 AM Workhorse Group reported sales of $0.8 million for the second quarter of 2024, down from $4.0 million in the same period last year. Despite the financial challenges, the company is advancing its EV product roadmap and has secured new orders, including 141 W4 CC cab chassis vehicles from Kingsburg Truck Sales. I think the company is making the right moves but needs to accelerate its sales to stay afloat.

Wednesday, 03 July 2024 01:14 PM Workhorse Group Inc. has regained compliance with the NASDAQ minimum bid price requirement of $1.00 per share following a 1-for-20 reverse stock split. This move helps the company avoid delisting from the NASDAQ. I believe this is a temporary fix, and the company needs to focus on generating more revenue to sustain itself.

Thursday, 06 June 2024 07:53 AM Workhorse Group has completed the divestiture of its Aero business, which is expected to provide monthly cost savings of approximately $0.4 million. This move allows the company to focus more on its commercial electric vehicle truck business. I believe this is a strategic decision to streamline operations and conserve cash.

Friday, 31 May 2024 04:39 PM Workhorse has laid off 20% of its workforce and placed much of the rest on unpaid furlough. The company is struggling with inventory and has less than $7 million in cash, with accounts payable exceeding twice that amount. Despite these challenges, Workhorse is counting on regulatory requirements, such as Californias Advanced Clean Trucks rule, to boost demand for its electric trucks. I think the company is in a critical phase and needs significant orders to recover.

Wednesday, 01 May 2024 05:45 PM Workhorse is finalizing the engineering and testing for a new 208-inch wheelbase, 1200 cubic feet capacity step van, expected to be in production by the end of 2024. This model is part of the companys effort to expand its product offering based on feedback from potential fleet customers. I believe this new model could attract more customers looking for larger cargo capacity.

Monday, 01 April 2024 01:47 PM NorCal Transports, a last-mile delivery contractor, has added a Workhorse flagship W56 step van to its fleet. This order is part of Workhorses efforts to increase its presence in the commercial electric vehicle market. I think these small orders are crucial for building momentum and demonstrating the viability of their vehicles.

Saturday, 02 March 2024 12:47 AM Workhorse featured its W56 truck at the Advanced Clean Transportation Expo in Las Vegas, highlighting its electric drivetrain, regenerative braking, and lightweight composite body panels. The company is focusing on the positive aspects of its technology despite its financial struggles. I believe showcasing their technology is important, but they need to translate this into sales.

Thursday, 01 February 2024 06:11 AM UPS and FedEx have shown continued interest in Workhorses electric delivery vans, with UPS still working to fulfill an order from 2018. FedEx has also been testing the W56 step vans as part of its plan to electrify its delivery fleet. I think the support from these major logistics companies is a positive sign for Workhorses future.

Wednesday, 19 March 2025 10:51 AM Workhorse is set to start delivering its new 208-inch extended wheelbase W56 step vans to a national provider of uniforms and workplace supplies. This delivery is facilitated by Revolv and Kingsburg Truck Center, who will ensure the vehicles are integrated seamlessly into the customers operations. The W56 offers 1,200 cubic feet of cargo space and a range of up to 150 miles. I think this is a significant step in expanding Workhorses presence in the commercial EV market.

Wednesday, 19 March 2025 02:37 AM Workhorse has partnered with Revolv to facilitate the acquisition, upfitting, and deployment of its all-electric W56 step vans for a national provider of uniforms and workplace supplies. Revolvs comprehensive fleet electrification solutions will ensure seamless integration and optimal performance of the vehicles. This partnership is a significant step in promoting EV adoption.

Thursday, 13 February 2025 04:49 AM The W56 208-inch extended wheelbase EV step van has completed rigorous durability testing, simulating over 250,000 highway miles. This testing ensures the vehicles reliability in demanding delivery and service routes. The van features 1,200 cubic feet of cargo space and a custom rolling side door for enhanced accessibility. This durability is crucial for fleet operators who need reliable vehicles.

Thursday, 13 February 2025 08:12 AM Workhorse is proud to design and build its trucks entirely in-house, from frame to final paint, in the Midwest. This approach brings advanced manufacturing jobs back to Americas heartland and ensures high-quality, reliable vehicles. I think this commitment to local manufacturing is a strong selling point for Workhorse.

Thursday, 13 February 2025 06:16 AM Workhorses vehicles come integrated with cloud-based, real-time telematics performance monitoring systems. These systems help fleet operators optimize energy and route efficiency, making their operations more efficient and less harmful to the environment. I believe this technology is a key differentiator for Workhorse in the market.

Wednesday, 12 February 2025 04:00 AM At Work Truck Week 2025, Workhorse showcased its expanded W56 EV platform, including the 208-inch extended wheelbase step van and the upcoming 140 kWh W56 stripped chassis. The extended wheelbase model features 1,200 cubic feet of cargo space and has completed durability testing simulating over 250,000 highway miles. The 140 kWh chassis is designed for shorter-range fleet applications with an estimated 100-mile range. This expansion highlights Workhorses commitment to meeting diverse fleet needs.

Wednesday, 12 February 2025 09:41 AM Workhorse will showcase its expanded W56 EV platform at Work Truck Week 2025, including the 208-inch extended wheelbase step van and the upcoming 140 kWh W56 stripped chassis. The event will allow attendees to experience the vehicles firsthand in the Ride & Drive session. The 140 kWh chassis is designed for cost savings and shorter-range fleet applications. I think this event will be a great opportunity for fleet operators to see the W56s capabilities.

Wednesday, 12 February 2025 06:45 AM Workhorse is now accepting orders for the 140 kWh W56 stripped chassis, designed for fleet operators with shorter-range requirements. This version offers an estimated 100-mile range and is marketed as a cost-saving solution compared to the 210 kWh version. Deliveries for this chassis are set to begin in 2026. This move should make EV adoption more accessible for many fleets.

Tuesday, 28 January 2025 12:33 AM Workhorses E-GEN electric vehicle platform has surpassed 10 million cumulative miles, demonstrating its durability and reliability. This milestone has influenced the development of the W56 platform, enhancing its performance and durability. The E-GEN platforms success underscores Workhorses leadership in zero-emission commercial vehicles. I believe this achievement is a testament to Workhorses engineering excellence.

Tuesday, 28 January 2025 04:17 AM The W56 EV platform has received praise from customers and partners for its reliability, versatility, and performance. With a class-leading payload capacity and advanced safety features, the W56 is well-suited for last-mile delivery and medium-duty fleet operations. This recognition highlights Workhorses leadership in the commercial EV market.