Welcome to our dedicated page for Workhorse Group news (Ticker: WKHS), a resource for investors and traders seeking the latest updates and insights on Workhorse Group stock.
Workhorse Group Inc. (Nasdaq: WKHS) regularly issues news and updates related to its zero-emission commercial vehicle business and corporate developments. Company communications describe Workhorse as a technology-focused manufacturer of electric trucks and platforms for last-mile delivery, medium-duty operations, and specialized commercial applications. This news feed aggregates those announcements so investors and observers can review the company’s own disclosures in one place.
Recent Workhorse news has highlighted its merger with Motiv Power Systems, Inc., described in company materials as Motiv Electric Trucks. A December 15, 2025 release announced that the merger was completed and that the combined company will move forward as Workhorse, a North American manufacturer of medium-duty electric trucks and buses. Related news items cover shareholder approvals for the merger, proxy solicitations, and the company’s efforts to secure the necessary votes at its 2025 annual meeting.
In addition to transaction updates, Workhorse news often covers product and operational milestones. Examples include announcements about the W56 platform, such as the integration of an industry-standard aluminum walk-in body for fleets seeking electric step vans with a traditional form factor. Other releases discuss sales activity, vehicle deployments in customer fleets, and the use of Workhorse’s Stables project as a real-world test bed for its trucks.
Workhorse also uses news releases to communicate financial results, conference call schedules, and information about financing arrangements, including credit facilities and sale-leaseback transactions tied to its Union City, Indiana manufacturing facility. By following WKHS news, readers can see how the company presents its progress on electrification, fleet relationships, capital structure, and governance decisions over time.
Workhorse Group (WKHS) will hold a conference call on November 8, 2022, at 10:00 a.m. ET to discuss its financial results for Q3 2022, ending September 30. The results will be released before the call. Management will present the results, followed by a Q&A session. Participants should dial in 10 minutes prior to the call. A replay will be available after 1:00 p.m. ET on the same day and can be accessed until November 15. Workhorse is focused on developing drone-integrated electric vehicles for last-mile delivery.
Workhorse Group Inc. (WKHS) reported Q2 2022 results, revealing net sales of only $12.6K, down from $1.2M YoY, primarily due to decreased vehicle sales. However, cost of sales significantly decreased to $3.0M. SG&A expenses rose to $13.0M, driven by increased employee compensation. R&D expenses doubled YoY to $5.0M. The company maintains a cash reserve of $140.1M. Workhorse anticipates manufacturing and selling 150-250 vehicles in 2022, projecting revenue of $15-25M. The CEO emphasized ongoing strategic initiatives and partnerships to enhance future deliveries.
GreenPower Motor Company (NASDAQ: GP) has announced the initial delivery of EV Star Cab and Chassis (EV Star CC) to Workhorse Group Inc. (NASDAQ: WKHS) for the production of the Class 4 W750 step van line. This follows a multi-year supply agreement established on March 1, 2022, under which GreenPower is set to deliver 1,500 units by March 2024. The W750 will feature a 150-mile electric range and a 5,000 lbs payload capacity. GreenPower aims to scale deliveries rapidly to meet Workhorse's production needs.
Workhorse Group Inc. (WKHS) will hold a conference call on August 9, 2022, at 10:00 AM ET to discuss its second-quarter financial results ending June 30, 2022. The call will include management presentations followed by a Q&A session. Interested parties can join by dialing in 10 minutes before the call, and a replay will be available after 1:00 PM ET on the same day.
This event aims to outline the company's plans and financial outlook as it focuses on innovative electric vehicles and drone technology in the last-mile delivery sector.
Workhorse Group (Nasdaq: WKHS) has finalized a purchase order for 10 battery electric vehicles from Amerit Fleet Solutions to enhance their EVolution Mobile Service Centers in California. These electric vehicles support zero emissions and are designed for maintenance and repairs of both electric and ICE vehicles. The EVolution MSC can also assist with downed EVs, providing emergency charging. Amerit's CEO emphasized the commitment to electric vehicle support, while Workhorse's CEO expressed pride in their partnership. Both companies will showcase their innovations at the ACT Expo in Long Beach, CA from May 9-12, 2022.
Workhorse Group Inc. (WKHS) announced its Q1 2022 financial results, reporting a decline in sales to $14.3 thousand from $521.1 thousand in Q1 2021, primarily due to reduced truck sales volume. While cost of sales decreased to $3.9 million, SG&A expenses rose significantly to $11.9 million, largely driven by higher employee-related costs. The net loss improved to $(22.1) million compared to $(120.5) million in the prior year. The company remains committed to producing at least 250 vehicles in 2022 and generating a minimum of $25 million in revenue.
Workhorse Group Inc. (NASDAQ: WKHS) held its annual stockholders’ meeting on May 3, 2022, where shareholders re-elected nine directors and added Scott Miller, increasing the board to ten members, with nine being independent. Additionally, Grant Thornton LLP was ratified as the Company’s independent auditors for 2022. Workhorse is focused on sustainable, drone-integrated electric vehicles for last-mile delivery. Further details can be found in the Company's Proxy Statement filed with the SEC.
Workhorse Group (NASDAQ: WKHS) announced the election of Scott Miller to its board of directors during the annual stockholders' meeting on May 3, 2022. Miller, a retired Four-Star General with extensive leadership experience, will also serve on the Nominating and Corporate Governance and Compensation Committees. His military background includes significant roles in NATO and U.S. forces in Afghanistan. CEO Rick Dauch highlighted Miller's strategic mindset as a valuable asset for the company's vision in zero-emission commercial vehicle technology.
Workhorse Group Inc. (WKHS) will hold a conference call on May 10, 2022, at 10:00 a.m. Eastern time to discuss its first-quarter financial results for 2022 and future plans. The results will be released prior to the call. Investors can access the call via U.S. dial-in number 877-407-8289 or international dial-in 201-689-8341. A replay will be available after 1:00 p.m. Eastern time on the same day through May 17, 2022. The conference will be broadcasted live and available for replay on the company's website.
Workhorse Group Inc. (Nasdaq: WKHS) announced a significant financial move to strengthen its balance sheet by entering an agreement with High Trail Capital. In this agreement, the company will exchange approximately $29.7 million of common stock for outstanding 4.00% senior secured convertible notes, effectively eliminating its remaining debt. CFO Bob Ginnan emphasized that this transaction is a step towards transforming Workhorse from an advanced technology start-up into an efficient manufacturing entity with enhanced financial flexibility and stability.