Draft horse

Workhorse Group Strengthens Financial Position Through Deleveraging Transaction

Retrieved on: 
Wednesday, April 6, 2022
Company, FMVSS, Draft horse, Form 10-K, Aircraft, Form, Forward-looking statement, Compliance, Annual report, Nasdaq, SEC, Steel, Environment, W34, U.S. Securities and Exchange Commission, Private Securities Litigation Reform Act, Industry, Technology, Review, Semiconductor, COVID-19, GLOBE, Movement, Efficiency, Terminology, W56, Security (finance)

CINCINNATI, April 06, 2022 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (Workhorse or the Company), an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last-mile delivery sector, today announced that it has taken further action to strengthen its financial position.

Key Points: 
  • CINCINNATI, April 06, 2022 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (Workhorse or the Company), an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last-mile delivery sector, today announced that it has taken further action to strengthen its financial position.
  • Over the past year, weve taken significant steps to stabilize and strengthen our financial position in order to transition Workhorse from an advanced technology start-up to an efficient manufacturing company, said Workhorse CFO Bob Ginnan.
  • With this transaction we are moving forward with a debt-free balance sheet, increased financial flexibility and a stronger financial foundation to continue executing on our manufacturing and product roadmaps.
  • All Workhorse vehicles are designed to make the movement of people and goods more efficient and less harmful to the environment.

Electric Truck Markets by Propulsion, Vehicle Type and Range - Global Opportunity Analysis and Industry Forecast, 2021-2022 & 2030 - ResearchAndMarkets.com

Retrieved on: 
Friday, April 1, 2022
Other Transport, Alternative Vehicles, Fuels, Trucking, Transport, Automotive, Adoption, Daimler AG, Draft horse, Tata Motors, BYD Company, Transport, Growth, Stagnation, Terror, Dongfeng Nissan, Volvo, Government, Traction, Maintenance, Propulsion, Motor vehicle, Renewable energy, Animal, Coronavirus

The "Electric Truck Market by Propulsion, Vehicle Type and Range: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Electric Truck Market by Propulsion, Vehicle Type and Range: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering.
  • Governments of various countries are setting stringent emission regulations, which, in turn, propel adoption of electric trucks by the fleet owners.
  • Further, governments are also taking initiatives to provide sufficient charging infrastructure for electric trucks to facilitate smooth operations in the future.
  • Further, rise in demand for electric trucks from the logistics sector and development of self-driving electric truck technology is anticipated to provide remarkable growth opportunities for companies operating in the electric truck market.

Pritchard EV Returns from Historic Tour with Massive Gains on Electrification

Retrieved on: 
Monday, March 7, 2022
Trucking, Automotive, General Automotive, Transport, Alternative Energy, Energy, Alternative Vehicles, Fuels, Tour, Ford Motor Company, Adoption, Leadership, CAKE, Industry, EVS, Climate, Organization, Fortune 500, Draft horse, Multimedia, Company, Pritchard, Winnebago Industries, ChargePoint, Insurance, Transport, City, Rail transport, Polestar, EV, Audi

Pritchard EV, a division of Pritchard Companies, has been a stakeholder in the automotive industry for generations.

Key Points: 
  • Pritchard EV, a division of Pritchard Companies, has been a stakeholder in the automotive industry for generations.
  • At the beginning of 2021, Pritchard EV set out to demonstrate their leadership role in multimodal electric vehicle distribution and EV charging implementation around the country.
  • To cap off a historic tour, on 2.22.22 Pritchard EV celebrated bringing electric vehicles to North Iowa in scale.
  • Thanks to the Purpose-Built Tour, weve been able to put Iowa and the Pritchard team in the forefront of commercial electrification.

Workhorse and GreenPower Sign Supply Agreement for Delivery of 1,500 GreenPower EV Star Cab and Chassis for Workhorse W750 Step Vans

Retrieved on: 
Tuesday, March 1, 2022
Partnership, Compliance, Annual report, Movement, OEM, W34, Efficiency, Security (finance), NASDAQ, Semiconductor, Nasdaq, COVID-19, Industry, Company, Environment, W56, Green, U.S. Securities and Exchange Commission, Review, FMVSS, Terminology, Steel, Aircraft, Maintenance, Forward-looking statement, Technology, High-floor, Form 10-K, Private Securities Litigation Reform Act, IPO, SEC, Rail transport, Satellite navigation device, Draft horse, BC

Under the terms of the agreement, the companies have confirmed a 21-month schedule during which GreenPower will deliver 1,500 EV Star cab and chassis to Workhorse starting in July 2022.

Key Points: 
  • Under the terms of the agreement, the companies have confirmed a 21-month schedule during which GreenPower will deliver 1,500 EV Star cab and chassis to Workhorse starting in July 2022.
  • Workhorse will complete the manufacturing process and deliver finished step vans to its customers in the United States and Canada.
  • Workhorse will have exclusive rights in the U.S. and Canada to sell Class 4 step vans based on the GreenPower-supplied base vehicle.
  • The finished Class 4 step vans will be available under the Workhorse brand with Workhorse after-sales and support service.

Workhorse and GreenPower Sign Supply Agreement for Delivery of 1,500 GreenPower EV Star Cab and Chassis for Workhorse W750 Step Vans

Retrieved on: 
Tuesday, March 1, 2022
GLOBE, Partnership, Compliance, Annual report, Movement, OEM, W34, Growth, Efficiency, Security (finance), NASDAQ, Semiconductor, Nasdaq, COVID-19, Industry, Environment, W56, Green, U.S. Securities and Exchange Commission, Review, FMVSS, Terminology, Steel, Aircraft, Maintenance, Forward-looking statement, Technology, High-floor, Form 10-K, Private Securities Litigation Reform Act, IPO, SEC, Rail transport, Satellite navigation device, Draft horse

Under the terms of the agreement, the companies have confirmed a 21-month schedule during which GreenPower will deliver 1,500 EV Star cab and chassis to Workhorse starting in July 2022.

Key Points: 
  • Under the terms of the agreement, the companies have confirmed a 21-month schedule during which GreenPower will deliver 1,500 EV Star cab and chassis to Workhorse starting in July 2022.
  • Workhorse will complete the manufacturing process and deliver finished step vans to its customers in the United States and Canada.
  • Workhorse will have exclusive rights in the U.S. and Canada to sell Class 4 step vans based on the GreenPower-supplied base vehicle.
  • The finished Class 4 step vans will be available under the Workhorse brand with Workhorse after-sales and support service.

Workhorse Group Appoints Bill Quigley to Board of Directors

Retrieved on: 
Wednesday, February 23, 2022
GLOBE, Movement, Quigley, Michigan State University, Visteon, Efficiency, NASDAQ, Dana Incorporated, Â, Environment, Safety, Senior, Aircraft, Leadership, EV, Certified Public Accountant, Management, Draft horse

CINCINNATI, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (NASDAQ: WKHS ) (Workhorse or the Company), an American technology company focused on providing sustainable and cost-effective electric vehicles to the last mile delivery sector, has appointed senior automotive and finance veteran William (Bill) Quigley to its board of directors, effective February 23, 2022.

Key Points: 
  • CINCINNATI, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (NASDAQ: WKHS ) (Workhorse or the Company), an American technology company focused on providing sustainable and cost-effective electric vehicles to the last mile delivery sector, has appointed senior automotive and finance veteran William (Bill) Quigley to its board of directors, effective February 23, 2022.
  • With this addition, Workhorses board composition has increased to nine total directors, eight of whom are independent.
  • Quigley brings more than three decades of financial and operating experience in the automotive and manufacturing industries as well as prior board-level tenure to Workhorse.
  • On behalf of the Workhorse senior leadership team, Id like to formally welcome Bill Quigley to our board, said Company CEO Rick Dauch.

Workhorse Group Sets Fourth Quarter and Full Year 2021 Earnings Call for Tuesday, March 1, 2022 at 10:00 a.m. ET

Retrieved on: 
Wednesday, February 16, 2022
NASDAQ, Movement, Draft horse, Aircraft, Financial result, Efficiency, GLOBE, Environment

Workhorse management will host the presentation, followed by a question and answer period.

Key Points: 
  • Workhorse management will host the presentation, followed by a question and answer period.
  • A telephonic replay of the conference call will be available after 1:00 p.m. Eastern time on the same day through March 8, 2022.
  • Workhorse is a technology company focused on providing drone-integrated electric vehicles to the last-mile delivery sector.
  • All Workhorse vehicles are designed to make the movement of people and goods more efficient and less harmful to the environment.

Battle Motors Brings 21 LET2 Refuse Vehicles to New York City in Partnership With Filco Carting

Retrieved on: 
Monday, January 10, 2022
Automotive Manufacturing, Construction & Property, State, Local, Energy, Manufacturing, Alternative Vehicles, Fuels, Other Automotive, Other Transport, Trucking, Public Policy, Government, Fleet Management, Transport, Urban Planning, Automotive, Logistics, Supply Chain Management, Utilities, Safety, CNG, LET, City, Engineering, Industry, Noise, CCC, Originality, Sale, Filco Foods, Workplace (Health, Safety and Welfare) Regulations 1992, Family, Battle, New York City Business Integrity Commission, Multimedia, Partnership, CEO, Engine, VP, EV, Technology, Waste management, Crane Carrier Company, Original equipment manufacturer, Health, BIC, LLC, Draft horse, Recycling, Maintenance, OEM, Taxicab

Battle Motors truck manufacturing company is proud to announce the sale of 21 Battle Motors LET2 sanitation trucks to New York Citys industry leader - Filco Carting.

Key Points: 
  • Battle Motors truck manufacturing company is proud to announce the sale of 21 Battle Motors LET2 sanitation trucks to New York Citys industry leader - Filco Carting.
  • Filco Carting trucks service over 5,000 commercial, residential, industrial and institutional firms in the metro area.
  • Our partnership with Battle Motors gives us that level of consumer confidence to our long standing customer base.
  • Filco Carting was one of the first private sanitation and recycling companies to purchase and utilize Battle Motors refuse trucks throughout the greater metro New York area.

Workhorse Appoints Robert Ginnan as Chief Financial Officer

Retrieved on: 
Tuesday, January 4, 2022
Time, Richard E. Dauch, Interim management, COVID-19, Movement, Interim, Form 10-K, Growth, Review, Company, Environment, Forward-looking statement, Ackerson, Ohio State University, U.S. Securities and Exchange Commission, Information technology, Security (finance), Efficiency, CEO, NASDAQ, MBA, SEC, FMVSS, Compliance, Private Securities Litigation Reform Act, Sale, Aircraft, GLOBE, Terminology, Technology, CFO, Annual report, Industry, Workhorse Group, Leadership, Draft horse, Nasdaq, Management, Ashland University, Accounting

CINCINNATI, Jan. 04, 2022 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (NASDAQ: WKHS ) (Workhorse or the Company), an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last mile delivery sector, today announced the appointment of Robert Bob Ginnan as Chief Financial Officer (CFO), effective January 4, 2022.

Key Points: 
  • CINCINNATI, Jan. 04, 2022 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (NASDAQ: WKHS ) (Workhorse or the Company), an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last mile delivery sector, today announced the appointment of Robert Bob Ginnan as Chief Financial Officer (CFO), effective January 4, 2022.
  • Ackerson will help with Ginnans transition before reassuming his role as Workhorses Corporate Controller and Principal Accounting Officer.
  • During that time Ginnan was instrumental in the implementation of new financing options and driving much of the sales expansion through acquisitions.
  • Ginnan added: With strong industry tailwinds and clear direction, it is a great time to be joining Workhorse Group.

Workhorse Announces Annual Stockholders’ Meeting Results

Retrieved on: 
Tuesday, December 28, 2021
Annual report, FMVSS, COVID-19, Private Securities Litigation Reform Act, Compliance, Movement, U.S. Securities and Exchange Commission, Board, Person, Grant Thornton LLP, GLOBE, Form 10-K, Company, NASDAQ, Draft horse, SEC, Terminology, Special-purpose acquisition company, Grant Thornton International, Board of directors, Review, Aircraft, Efficiency, Security (finance), Technology, Nasdaq, Environment, Forward-looking statement

CINCINNATI, Dec. 28, 2021 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (NASDAQ: WKHS ) (Workhorse or the Company), an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last mile delivery sector, today announced the results of its annual stockholders' meeting held earlier today.

Key Points: 
  • CINCINNATI, Dec. 28, 2021 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (NASDAQ: WKHS ) (Workhorse or the Company), an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last mile delivery sector, today announced the results of its annual stockholders' meeting held earlier today.
  • The Directors have been elected to serve a term expiring at the 2022 annual meeting of stockholders.
  • A webcast playback will be available at www.virtualshareholdermeeting.com/WKHS2021 24 hours after the completion of the meeting.
  • All Workhorse vehicles are designed to make the movement of people and goods more efficient and less harmful to the environment.