WORKHORSE GROUP INC.


Associated tags: Aircraft, Movement, Environment, Draft horse, EV

Locations: NEW YORK, CALIFORNIA, MASSACHUSETTS, MICHIGAN, UNION CITY, LONDON, UK, TEXAS, FAA, LEBANON, WASHINGTON, OREGON, WILLIAMS, RIVERVIEW, MARCH, LOVELAND, OH, US, MISSISSIPPI, NEVADA, CENTRAL VALLEY

Workhorse Group Sets First Quarter 2023 Earnings Call for Monday, May 15, 2023 at 10:00 a.m. ET

Retrieved on: 
Monday, May 1, 2023

Financial results will be issued in a press release prior to the call.

Key Points: 
  • Financial results will be issued in a press release prior to the call.
  • Workhorse management will host a presentation, followed by a question-and-answer period.
  • If you have any difficulty connecting with the conference call, please contact Gateway Investor Relations at 949-574-3860.
  • A telephonic replay of the conference call will be available after 1:00 p.m. Eastern time on the same day through May 22, 2023.

Workhorse Group Establishes Certified Dealer Program and Announces Kingsburg Truck Center as its First Certified Dealership in California

Retrieved on: 
Tuesday, March 21, 2023

Workhorse has engaged Kingsburg Truck Center (“Kingsburg"), a work truck dealer headquartered in Kingsburg, California, as its first certified electric vehicle (“EV”) dealer in California.

Key Points: 
  • Workhorse has engaged Kingsburg Truck Center (“Kingsburg"), a work truck dealer headquartered in Kingsburg, California, as its first certified electric vehicle (“EV”) dealer in California.
  • As part of the Certified Dealer Program, Workhorse has established a comprehensive training program that provides dealers with both hands-on and online training, including technical sales training.
  • To ensure high quality vehicle maintenance, Workhorse certified dealers have also made investments in EV charging infrastructure, tooling, and building out spare parts inventory.
  • The partnership with Kingsburg Truck Center expands our dealer footprint westward into California, the bellwether state for the EV market.

Workhorse Group to Participate in the 35th Annual ROTH Conference from March 12-14, 2023

Retrieved on: 
Thursday, March 9, 2023

CINCINNATI, March 09, 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, is scheduled to participate at the 35th Annual Roth Conference , which is being held from March 12-14, 2023 at The Ritz Carlton, Laguna Niguel located in Dana Point, California.

Key Points: 
  • CINCINNATI, March 09, 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, is scheduled to participate at the 35th Annual Roth Conference , which is being held from March 12-14, 2023 at The Ritz Carlton, Laguna Niguel located in Dana Point, California.
  • Workhorse management will be holding one-on-one meetings with institutional investors and analysts throughout the conference.
  • For additional information or to schedule a one-on-one meeting with Workhorse management, please contact your Roth representative or Workhorse’s investor relations team at [email protected] .
  • The 35th Annual Roth Conference will consist of 1-on-1/small group meetings, company presentations, analyst-selected fireside chats, and thematic industry panels from approximately 400 private and public companies in a variety of growth sectors including: Business Services, Consumer/Health & Wellness, Healthcare, Resources: Oil & Gas/Metals & Mining, Technology, Media & AgTech and Sustainability/ESG.

Workhorse Group to Unveil W56 Step Van at the NTEA Work Truck Show®

Retrieved on: 
Wednesday, March 8, 2023

CINCINNATI, March 08, 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 announced the formal unveiling of its W56 step van model at the National Truck Equipment Association’s (“NTEA”) Work Truck Week in Indianapolis, IN.

Key Points: 
  • CINCINNATI, March 08, 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 announced the formal unveiling of its W56 step van model at the National Truck Equipment Association’s (“NTEA”) Work Truck Week in Indianapolis, IN.
  • The first-look presentation, hosted by Workhorse CEO Rick Dauch, will take place on Wednesday, March 8th at 10:30 a.m. Eastern time.
  • Available in a number of work truck configurations tailored to meet various business applications, the W56 is the Company’s new Class 5/6 model, providing a unique blend of high reliability, quality, and serviceability.
  • The W56 also offers a large 1,000+ cubic foot cargo box with lowered step-in and wide cabin door for easier entry and exit.

Workhorse Group Reports Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Wednesday, March 1, 2023

CINCINNATI, March 01, 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 fourth quarter and full year ended December 31, 2022.

Key Points: 
  • CINCINNATI, March 01, 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 fourth quarter and full year ended December 31, 2022.
  • Sales, net of returns and allowances, for the fourth quarter of 2022 were $3.4 million compared to $(2.0) million in the same period last year.
  • Loss from operations for the fourth quarter was $39.3 million compared to $120.4 million in the same period last year.
  • “The Workhorse team exited 2022 with the momentum to prepare the Company for expanded operations in 2023,” said Workhorse CFO Bob Ginnan.

Workhorse Group Announces Board of Directors Transition

Retrieved on: 
Wednesday, March 1, 2023

Following the Annual Meeting, Workhorse’s board will comprise eight directors, seven of whom will be independent.

Key Points: 
  • Following the Annual Meeting, Workhorse’s board will comprise eight directors, seven of whom will be independent.
  • He currently serves as Chief Executive Officer and Chief Technology Officer of VoltAero SA, an electric aircraft company.
  • “Jean and Brandon will be strong additions to our Board of Directors, and we are confident their expertise will help drive Workhorse forward,” said Company CEO Rick Dauch.
  • On behalf of the entire board, I also want to thank Gerald, Mike, Harry, and Ben for their significant contributions to the Company.”

Workhorse Group Sets Fourth Quarter and Full Year 2022 Earnings Call for Wednesday, March 1, 2023 at 10:00 a.m. ET

Retrieved on: 
Thursday, February 16, 2023

Financial results will be issued in a press release prior to the call.

Key Points: 
  • Financial results will be issued in a press release prior to the call.
  • Workhorse management will host a presentation, followed by a question-and-answer period.
  • If you have any difficulty connecting with the conference call, please contact Gateway Investor Relations at 949-574-3860.
  • A telephonic replay of the conference call will be available after 1:00 p.m. Eastern time on the same day through March 8, 2023.

Workhorse Group Provides Business Update

Retrieved on: 
Wednesday, December 28, 2022

CINCINNATI, Dec. 28, 2022 (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 provided a business update as the Company looks ahead to 2023:

Key Points: 
  • Focused on Advancing Product Roadmap for W4 CC, W750, and W56 Vehicles
    CINCINNATI, Dec. 28, 2022 (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 provided a business update as the Company looks ahead to 2023:
    Workhorse is discontinuing the C1000 program, effective immediately, as it fully focuses its resources on advancing its product roadmap for the W4 CC, W750, and W56 vehicles.
  • As a result, the Company expects to record a non-cash inventory write-off of approximately $10 million plus disposal costs.
  • The W4 CC vehicles that were previously delayed in ports are now beginning to be shipped to Workhorse facilities.
  • The Company also continues to expect to generate significant revenue growth in 2023, as it ramps up production of its products.

Workhorse Group to Host Analyst Day on December 7, 2022

Retrieved on: 
Wednesday, November 30, 2022

CINCINNATI, Nov. 30, 2022 (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 will host its upcoming Analyst Day beginning at 9:00 a.m. Eastern time (6:00 a.m. Pacific time) on Wednesday, December 7, 2022 at the Workhorse Ranch in Union City, IN.

Key Points: 
  • CINCINNATI, Nov. 30, 2022 (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 will host its upcoming Analyst Day beginning at 9:00 a.m. Eastern time (6:00 a.m. Pacific time) on Wednesday, December 7, 2022 at the Workhorse Ranch in Union City, IN.
  • A replay of the webcast will also be available following the conclusion of the event.
  • 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.

Workhorse Group Reports Third Quarter 2022 Results

Retrieved on: 
Tuesday, November 8, 2022

CINCINNATI, Nov. 08, 2022 (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 third quarter ended September 30, 2022.

Key Points: 
  • CINCINNATI, Nov. 08, 2022 (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 third quarter ended September 30, 2022.
  • The Company built and sold 10 W4 CC vehicles during the third quarter and an additional 13 units so far in Q4 2022.
  • During the quarter, Workhorse purchased and began operating a series of FedEx Ground delivery routes in the greater Cincinnati area.
  • Workhorse management will hold a conference call today (November 8, 2022) at 10:00 a.m. Eastern time (7:00 a.m. Pacific time) to discuss these results and answer related questions.