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) provided an update on its transition from an advanced technology start-up to an efficient manufacturing company. The company will suspend C-1000 vehicle deliveries and recall 41 units to address design enhancements and safety certifications. New leadership has identified improvements to increase payload capacity and will conduct additional testing necessary for compliance with Federal Motor Vehicle Safety Standards (FMVSS). The company expects to complete these tests in Q4 2021 and plans to present a strategic roadmap during its upcoming Q3 earnings call.
Workhorse Group (WKHS) announced the withdrawal of its bid protest against the United States Postal Service (USPS) in a statement dated September 15, 2021. CEO Rick Dauch emphasized the company's commitment to exploring opportunities in electric vehicle technology for last-mile delivery. The move is seen as a strategic shift towards cooperation with government agencies rather than litigation, allowing Workhorse to focus resources on more productive initiatives. The company aims to modernize government vehicle fleets through sustainable, drone-integrated electric vehicles.
Workhorse Group (NASDAQ: WKHS) has partnered with Amerit Fleet Solutions to provide warranty and repair services for its electric vehicles nationwide. The agreement aims to enhance maintenance support by integrating operational data for real-time tracking and quicker response times. This collaboration allows Workhorse to optimize vehicle uptime in the last-mile delivery market. Both companies will showcase their innovations at the ACT Expo from August 31 to September 1 in Long Beach, CA.
Workhorse Group (WKHS) has initiated a pilot program with the U.S. Department of Agriculture's Natural Resources Conservation Service (NRCS) to showcase its small Unmanned Aerial Systems (sUAS) for wetland supervision in Mississippi. This partnership aims to improve data gathering and efficiency by automating audits previously conducted with satellite imagery and ground teams. Workhorse’s Aerospace division will provide monitoring and analytics services, helping NRCS enhance safety, cost-effectiveness, and data fidelity. This strategic move diversifies Workhorse's market beyond last-mile delivery.
Workhorse Group (WKHS) reported its second-quarter financial results for 2021, showing significant progress in vehicle production and strategic developments. The company appointed Rick Dauch as CEO and produced 133 C-Series vehicles to date, anticipating sales to niche markets. Financially, sales increased to $1.2 million, up from $92,000 YoY, while the net loss narrowed to $43.6 million, compared to $131.3 million in the previous year. Workhorse sold 72% of its RIDE shares, expecting nearly $79 million in proceeds. As of June 30, the company had approximately $156.6 million in cash.
Workhorse Group Inc. (NASDAQ: WKHS) will host a conference call on August 9, 2021, at 10:00 a.m. ET to discuss its Q2 financial results for the period ending June 30, 2021. Financial results will be released prior to the call. Participants can dial in using U.S. number 877-407-8289 or international number 201-689-8341. A live broadcast will be available, and the call will also be replayed until August 16, 2021. Workhorse focuses on providing electric vehicles integrated with drone technology for last-mile delivery, contributing to efficiency in logistics.
Workhorse Group (NASDAQ: WKHS) announced the appointment of Rick Dauch as new CEO, effective August 2, 2021, succeeding Duane Hughes. Dauch brings over 25 years of industry experience, including previous CEO roles at Delphi Technologies and Accuride Corporation. Under his leadership, Workhorse aims to enhance operations and tackle challenges in the $20 billion last-mile delivery vehicle market. The company is also withdrawing previously stated guidance to allow Dauch time to analyze current strategies and establish new plans.
Workhorse Group (WKHS) announced on June 16, 2021, that it has filed a formal complaint with the United States Federal Court of Claims regarding the USPS Next Generation Delivery Vehicle contract awarded to a competing finalist. The company had earlier requested additional information from USPS following the contract award revealed on February 23, 2021. While Workhorse discussed the award and selection specifics with USPS on March 3, 2021, further details remain undisclosed. The company will provide updates as permitted under its non-disclosure agreement.
Workhorse Group Inc. (Nasdaq: WKHS) reported Q1 2021 financial results, highlighting sales of approximately $521,000 from six truck deliveries, up from $84,000 a year prior. The company produced 38 C-Series vehicles in 2021, exceeding production from the past three quarters combined. A strategic agreement with EAVX aims to expand product offerings. Significant net loss of $120.5 million reported, contrasting with net income of $4.8 million in the same period last year. Workhorse has approximately $205.1 million in cash as of March 31, 2021, and plans to adjust production estimates to 1,000 units for the year.
Workhorse Group (WKHS) has announced a strategic development agreement with EAVX, a subsidiary of J.B. Poindexter & Co. This collaboration aims to expand Workhorse's product line and create new delivery vehicle solutions leveraging Workhorse's expertise in electric vehicles and drone technology. The partnership is set to address the growing demand in the last-mile delivery sector and aims to enhance manufacturing and distribution efforts. Workhorse CEO Duane Hughes expressed optimism about the agreement, anticipating significant value creation for both companies.