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Global Billion Dollar Recreational Vehicle Battery Market Size Expected to Continue to Grow as Demand Skyrockets

Retrieved on:

Wednesday, May 22, 2024

According to a report from Market Research Intellect (MRI), the global Recreational Vehicle Battery Market size in terms of revenue is expected to continue to grow additional billions of dollars in revenues and in a CAGR through 2031.

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According to a report from Market Research Intellect (MRI), the global Recreational Vehicle Battery Market size in terms of revenue is expected to continue to grow additional billions of dollars in revenues and in a CAGR through 2031.
MRI said: “Market Research Intellect anticipates a promising growth trajectory for the Recreational Vehicle Battery Market from 2024 to 2031, fueled by drivers.
Technological advancements will catalyze product innovation and market expansion, while favorable regulatory policies and increasing consumer awareness will further boost demand.
Companies in the Recreational Vehicle Battery Market can capitalize on this growth by focusing on strategic initiatives such as market diversification, brand building, and operational efficiency improvements.

Workhorse Group Reports First Quarter 2024 Results

Retrieved on:

Monday, May 20, 2024

OEM, EV, Drone, Aero, USDA, W56, HVIP, Workforce, Commercial, Draft horse, Sale, Service, Note, Gateway Group, Research, Warrant, Pharmaceutical industry

CINCINNATI, May 20, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today reported financial results for the first quarter ended March 31, 2024.

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CINCINNATI, May 20, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today reported financial results for the first quarter ended March 31, 2024.
“During the first quarter, we took important strategic and financial actions to better position Workhorse for the future while continuing to hit major milestones,” said Workhorse CEO Rick Dauch.
Workhorse now has 12 dealer partners, strategically targeted in states adopting the California Air Resources Board (“CARB”) “Clean Fleet” standards.
Sales, net of returns and allowances, for the first quarter of 2024 were $1.3 million compared to $1.7 million in the same period last year.

Workhorse Group Reports Fourth Quarter and Full Year 2023 Results

Retrieved on:

Tuesday, March 12, 2024

Research, EV, Certification, USDA, Negotiation, Data as a service, Natural Resources Conservation Service, Shareholder, Accounting, Sale, Stable, HVIP, W56, FedEx Ground, Drone, Service, Feedback, C1000, Pharmaceutical industry

CINCINNATI, March 12, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today reported financial results for the fourth quarter and full year ended December 31, 2023.

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CINCINNATI, March 12, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today reported financial results for the fourth quarter and full year ended December 31, 2023.
Continued Build Out of Commercial Dealer and Service Footprint: Workhorse successfully added new certified dealers to its network in 2023, expanding to 11 dealers nationwide.
Completed Revamp of Manufacturing Complex: In 2023, the Company completed the overhaul of its Union City, Indiana manufacturing complex.
Sales, net of returns and allowances, for the fourth quarter of 2023 were $4.4 million compared to $3.4 million in the same period last year.

XTEN-AV LLC Secures Strategic Investment from Resideo Technologies

Retrieved on:

Wednesday, January 31, 2024

ADI, Growth, Pro, ADI Global Distribution, AV, Machine learning, Safety, Artificial intelligence, SVP, Documentation, XTEN

Union City, California--(Newsfile Corp. - January 31, 2024) - XTEN-AV LLC, a leading Pro AV (Professional Audio-Visual) design and proposal software provider, announces receiving a minority investment from Resideo Technologies, Inc.

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Union City, California--(Newsfile Corp. - January 31, 2024) - XTEN-AV LLC, a leading Pro AV (Professional Audio-Visual) design and proposal software provider, announces receiving a minority investment from Resideo Technologies, Inc.
This investment is a significant milestone for XTEN-AV and sets the stage for expanded growth across the Pro AV industry.
Resideo Technologies, Inc. is a leading global manufacturer and developer of technology-driven products that provide critical comfort, energy management, and safety and security solutions.
"This strategic investment not only strengthens our position in the market but also signifies a shared vision of advancing the Pro AV industry through innovation and efficiency."

Workhorse Highlights Achievements in 2023 Year-End Letter to Shareholders

Retrieved on:

Thursday, December 21, 2023

FedEx Ground, Running, OEM, W56, CARB, NYTVIP, HRM, Certification, Aero, Stable, FedEx, Draft horse, FMVSS, EV

I would first like to take a moment to say thank you for your ongoing engagement, patience and feedback throughout 2023.

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I would first like to take a moment to say thank you for your ongoing engagement, patience and feedback throughout 2023.
As we head toward year end, I wanted to reflect on the year and provide an update on recent achievements and the opportunities ahead.
We believe we are well prepared to meet the needs of our customers as EV adoption increases.
Thank you for your continued support, and wishing you and your families all the best as we head into 2024.

Workhorse Group Reports Third Quarter 2023 Results

Retrieved on:

Tuesday, November 14, 2023

CINCINNATI, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS ) (“Workhorse” or “the Company”), an American technology company with a vision to pioneer the transition to zero emission commercial vehicles, today reported financial results for the third quarter ended September 30, 2023.

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CINCINNATI, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS ) (“Workhorse” or “the Company”), an American technology company with a vision to pioneer the transition to zero emission commercial vehicles, today reported financial results for the third quarter ended September 30, 2023.
This approval provides Workhorse customers eligibility to receive up to a $40,000 federal tax credit per vehicle for deliveries of all Workhorse vehicles in 2023 and beyond.
Net interest income for the third quarter of 2023 was $0.4 million compared to $0.0 in the same period last year.
“Our financial results for the third quarter and our outlook for the year were significantly impacted by the HVIP voucher delays,” said Workhorse CFO Bob Ginnan.

Arcadia Cold Celebrates Another Cold Storage Facility Grand Opening

Retrieved on:

Monday, November 20, 2023

Team, I-20, SF, I-85, Warehouse

ATLANTA, Nov. 20, 2023 /PRNewswire/ -- Arcadia Cold Storage & Logistics celebrated the grand opening of their newest highly anticipated state-of-the-art Atlanta Cold Storage Facility. The Atlanta facility is located in Union City, GA, with immediate access to I-85, I-285 and I-20. Due to its strategic location, this facility can service nearly 20% of the US population within a day's drive.

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The Atlanta Cold Storage grand opening is Arcadia Cold's third celebration in five weeks in an unprecedented ramp up.
ATLANTA, Nov. 20, 2023 /PRNewswire/ -- Arcadia Cold Storage & Logistics celebrated the grand opening of their newest highly anticipated state-of-the-art Atlanta Cold Storage Facility .
The Atlanta Cold Storage grand opening is Arcadia Cold's third celebration in five weeks in an unprecedented ramp up.
Arcadia's quickly growing national cold storage network has now celebrated the openings of their Fort Worth facility , their Phoenix facility, and now their Atlanta Facility .

Workhorse Begins Production of W56 Chassis

Retrieved on:

Thursday, September 7, 2023

EVS, Growth, Foot, W56, Draft horse, Safety, Airline

CINCINNATI, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero emission commercial vehicles, today announced that it has started production of the chassis for its W56 electric vehicle at the Company's Union City, Indiana manufacturing facility.

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CINCINNATI, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero emission commercial vehicles, today announced that it has started production of the chassis for its W56 electric vehicle at the Company's Union City, Indiana manufacturing facility.
The W56 is the Company’s first fully-designed, purpose-built Class 5/6 model chassis platform built from the ground up.
“With the first W56 chassis rolling off the line in Union City, we have reached an important milestone along our product roadmap,” said Workhorse CEO Rick Dauch.
Workhorse expects to begin production of full W56 step vans later in September and to have production quality demo units delivered to major fleets early in the fourth quarter.

Workhorse Group Mails Letter to Stockholders from Chief Executive Officer, Rick Dauch

Retrieved on:

Thursday, August 3, 2023

State, EV, FOR, Atmosphere, EVS, W56, Special, Growth, Government, OEM, Letter, Holding company, Management, Airline, Draft horse

CINCINNATI, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero emission commercial vehicles, today mailed a letter to Workhorse stockholders from its CEO Rick Dauch providing context on why Workhorse stockholders should vote FOR the proposal to increase the number of authorized shares of Workhorse common stock in connection with the upcoming Special Meeting.

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Workhorse also launched a website in connection with the Special Meeting, which has information for stockholders regarding the proposal and how to vote: www.VoteWKHS.com .
Since then, we have transformed the business, executing a clear strategy to stabilize, fix and ultimately grow Workhorse into a viable commercial EV OEM.
We have revamped our management team, bringing in industry veterans and experts to lead the Company and execute our plans.
To continue on our journey, we need our stockholders to vote FOR the proposal to increase the number of authorized shares of Workhorse common stock.

Workhorse Group Begins W750 Production and Announces Smyrna Truck to be its First Certified Dealership in Georgia

Retrieved on:

Tuesday, June 27, 2023

Partnership, Draft horse, Rare-earth element, Rail transport

The Company also announced it has entered into a partnership with Smyrna Truck to be its first certified electric vehicle (“EV”) dealer in Georgia.

Key Points:

The Company also announced it has entered into a partnership with Smyrna Truck to be its first certified electric vehicle (“EV”) dealer in Georgia.
In addition, we are thrilled to announce this dealer partnership with Smyrna Truck, expanding on our network for customers.
Smyrna Truck is a wholly owned subsidiary of Fouts Bros Inc., a family-owned business since 1952.
The Company is one of the largest and most diverse truck equipment companies in the U.S.