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 (NASDAQ: WKHS) and Motiv Electric Trucks have signed a definitive merger agreement to create a leading North American medium-duty electric truck OEM, valued at approximately $105 million. The all-stock transaction will result in Motiv's controlling investor owning 62.5% of the combined company, while Workhorse shareholders will retain 26.5%.
The merger combines Workhorse's manufacturing capabilities and dealer network with Motiv's product portfolio and fleet relationships in the $23 billion medium-duty truck segment. Workhorse has secured immediate financing through a $20 million sale-leaseback of its Union City plant and a $5 million convertible note. The combined entity aims to achieve $20 million in cost synergies by 2026.
Post-merger, Motiv CEO Scott Griffith will lead the combined company, while Workhorse CEO Rick Dauch will serve as an advisor. The transaction is expected to close in Q4 2025, subject to shareholder approval and other conditions.
Workhorse Group (NASDAQ: WKHS) has entered into a new 7-day exclusivity agreement with an unnamed private U.S.-based electric commercial vehicle manufacturer regarding a potential merger transaction. This follows a previous 14-day exclusivity period that expired on July 28, 2025.
Under the agreement, Workhorse is restricted from negotiating with other parties for alternative transactions. The proposed merger would involve the private manufacturer merging into a new Workhorse subsidiary in exchange for newly issued WKHS common stock.
If definitive agreements are reached, Workhorse will file a proxy statement with the SEC and seek shareholder approval. The company cautions that there is no guarantee the transaction will be completed.
Workhorse Group (NASDAQ: WKHS) announced it is in discussions regarding a potential merger with a privately held U.S.-based electric commercial vehicle manufacturer. The transaction would result in the manufacturer's current investors holding a majority stake in Workhorse's common stock.
The deal includes a refinancing plan for Workhorse's senior secured convertible notes and warrants, involving a new convertible note and an approximately $20 million sale-leaseback of its Union City facility. The company's current note obligations of about $33 million would be repaid, with the investor receiving 3 million new shares. Workhorse has entered a 14-day exclusivity agreement with the manufacturer.
Workhorse Group (WKHS) has expanded its national dealer network by adding two new locations. Range Truck Group in Fife, Washington joins as a key Pacific Northwest partner, specializing in zero-emission commercial vehicles and charging solutions. Additionally, a third Ziegler Truck Group location in DeForest, Wisconsin strengthens Workhorse's Midwest presence.
The expansion enhances access to Workhorse's Class 4-6 all-electric work trucks. Notably, Ziegler Truck Group is an approved CARB HVIP dealer, providing access to clean transportation incentives. These strategic additions support Workhorse's mission of facilitating the transition to zero-emission commercial vehicles while ensuring reliable dealer support for fleet customers.
Workhorse Group (NASDAQ: WKHS), a technology company focused on zero-emission commercial vehicles, has scheduled its Q1 2025 earnings conference call for Thursday, May 15, 2025 at 8:00 a.m. ET. The company will release its financial results for the quarter ended March 31, 2025, via press release before the call.
The conference call will include a management presentation followed by a Q&A session. Investors can access the call through U.S. dial-in (877-407-8289) or International dial-in (201-689-8341). A replay will be available until May 22, 2025, and can be accessed through the company's website or via telephone.
Workhorse Group (WKHS) has successfully completed a 2,400-mile cross-country drive with its W56 electric step van from Cincinnati to Anaheim for the ACT Expo. The journey demonstrated the vehicle's real-world capabilities across nine states and multiple charging networks.
The W56 achieved impressive performance metrics, including 27 miles per gallon gasoline-equivalent (MPGe) at highway speeds—nearly triple the efficiency of comparable internal combustion engine (ICE) step vans. The vehicle delivered 53% lower fuel costs compared to ICE alternatives and projects 40% lower scheduled maintenance costs over five years.
The Class 5 & 6 step van offers up to 150-miles of real-world range and cargo capacities of 1,000 or 1,200 cubic feet. The demonstration is part of Workhorse's 'We Drove It Here' campaign, which began in October 2024. Both the W56 and W750 models are now approved for sale in Canada.
Workhorse Group (WKHS) has successfully regained compliance with Nasdaq's minimum bid price requirement of $1.00 per share, following a notification of non-compliance received on October 2, 2024. The company, which focuses on zero-emission commercial vehicles, implemented a 1-for-12.5 reverse stock split on March 17, 2025, to increase its market price.
The compliance was achieved by maintaining a closing bid price of at least $1.00 per share for ten consecutive trading days, as confirmed by Nasdaq. This development ensures Workhorse's continued listing on the Nasdaq stock exchange under Listing Rule 5550(a)(2).
Workhorse Group (WKHS) reported full year 2024 financial results, showing net sales of $6.6 million, down from $13.1 million in 2023. The company posted a net loss of $101.8 million, improved from $123.9 million loss in 2023.
Key developments include Transport Canada's approval of W4 CC and W56 models, launch of W56 208-inch wheelbase truck with 20% increased cargo capacity, and securing orders including 13 W56 trucks from a national uniform provider. The company expanded its dealer network and reduced operating costs across operations.
Financial position shows total working capital of $8.2 million, including $4.6 million in cash. In February 2025, Workhorse issued a $35 million convertible note and implemented a 1-for-12.5 reverse stock split to regain Nasdaq compliance.
Workhorse Group (Nasdaq: WKHS) has announced the integration of Geotab's advanced telematics technology into its W56 step van. This integration enables fleet managers to access comprehensive vehicle data through the MyGeotab™ platform via a unified dashboard.
The plug-and-play solution aims to help fleets reduce costs, maximize uptime, and increase efficiency. The W56, designed as a zero-emission vehicle for last-mile delivery, combines substantial cargo capacity and range with Geotab's analytics capabilities.
The partnership leverages Geotab's extensive network of over 4 million connected vehicles globally, including significant medium-duty fleet presence in the U.S. The integration provides tools for tracking and optimizing vehicles, streamlining charging schedules, and optimizing battery usage for enhanced operational efficiency.