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Workhorse Group Stock Price, News & Analysis

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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.

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Workhorse Group has delivered its W56 electric step van to NorthStar Courier, a FedEx Ground Contract Service Provider in Minneapolis, Minnesota. This marks the first W56 deployment by a FedEx Ground Service Provider outside California. The sale was facilitated by Ziegler Truck Group, a Workhorse Certified Dealer. The W56, manufactured in Union City, Indiana, is designed for last-mile delivery and is now available in standard and extended wheelbase configurations with pre-configured upfit options for parcel delivery. Minnesota's emergence as a commercial EV adoption leader is supported by state grants for fleet electrification.

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Workhorse Group reported Q3 2024 financial results with sales of $2.5 million, down from $3.0 million in Q3 2023. The company secured a three-year Master Framework Agreement with FedEx and delivered the first 15 W56 step vans. Net loss was $25.1 million compared to $30.6 million in the same period last year. The company ended the quarter with $3.2 million in cash and cash equivalents. Notable achievements include obtaining a GSA contract for federal government sales and demonstrating significant fuel efficiency with the W56 achieving 31 MPGe compared to 7 MPG for traditional delivery trucks.

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Workhorse Group (Nasdaq: WKHS) has been awarded a General Services Administration (GSA) Government Fleet Contract through Colonial Fleet Electrification. The contract (GS-30F-RA005) under SIN 493E enables federal agencies to purchase Workhorse's W56 platform electric vehicles through GSAFleet.gov. The approval follows a comprehensive review of Workhorse's Union City, Indiana facility.

The company has also expanded its cooperative purchasing network through partnerships with Sourcewell, Florida Sheriff's Association Purchasing Program, OMNIA Partners, and PASSPort, making its vehicles more accessible to public sector fleets nationwide.

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Workhorse Group (Nasdaq: WKHS), a technology company focused on zero-emission commercial vehicles, has rescheduled its third quarter 2024 earnings conference call to Tuesday, November 19, 2024, at 6:00 p.m. Eastern time. The company will release its financial results after market close on the same day. The earnings call will be accessible via U.S. dial-in (877-407-8289) and International dial-in (201-689-8341). A replay will be available through November 26, 2024. The call will also be broadcast live and available for replay through the company's Investor Relations website.

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Workhorse Group has rescheduled its third quarter 2024 earnings conference call to November 19, 2024. The company delivered 20 trucks during Q3, including 15 W56 step vans to FedEx. CEO Rick Dauch highlighted positive momentum with recent purchase orders and customer conversations, emphasizing their focus on cost management and financial strengthening. The company will file Form 12b-25 with the SEC regarding the delay in Form 10-Q filing, which they plan to submit by November 19. The earnings call will include a presentation and Q&A session, with both U.S. and international dial-in options available.

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Workhorse Group (Nasdaq: WKHS) has secured purchase orders for seven W56 electric step vans from three parcel delivery independent service providers. The orders came within 30 days following the company's participation at the FedEx Forward Service Provider Summit. The vehicles include both 178" wheelbase (1,000 cubic feet) and 208" extended wheelbase (1,200 cubic feet) models, scheduled for delivery by year-end. Multiple demonstrations were performed at parcel delivery terminal depots across California, where FedEx has installed electric charging systems. The W56, designed and built in the USA, features an efficient eAxle electric drivetrain and regenerative braking system.

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Workhorse Group (Nasdaq: WKHS), a technology company focused on zero-emission commercial vehicles, has scheduled its Third Quarter 2024 earnings conference call for Thursday, November 14, 2024 at 10:00 a.m. ET. The company will release its financial results for the quarter ended September 30, 2024, before the call. Management will host a presentation followed by Q&A. The call will be accessible via U.S. dial-in (877-407-8289) and International dial-in (201-689-8341), with a replay available until November 21, 2024.

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Workhorse Group Inc. (Nasdaq: WKHS) has announced that its 208-inch extended wheelbase version of the all-electric W56 step van has achieved FMVSS certification and received HVIP certification. These certifications validate the vehicle's safety and environmental compliance. The extended wheelbase W56 is now in full production at Workhorse's Union City, Indiana facility, with deliveries expected in Q4 2024.

The W56 offers a payload capacity of up to 10,000 pounds and a range of up to 150 miles on a single charge. With over 100 enhancements from the original 178-inch model, the 208-inch W56 is designed for last-mile delivery operations, including parcels and laundry services. The extended wheelbase model addresses market demand for larger cargo-volume requirements while maintaining the benefits of the efficient and robust platform.

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Workhorse Group Inc. (Nasdaq: WKHS) has successfully completed a 1,000-mile journey with its W56 electric step van, showcasing its reliability and performance. The vehicle traveled from Cincinnati to Orlando for the FedEx Forward Service Provider Summit, covering a total of 1,028 miles over three days.

The W56 demonstrated a 150+ mile range and an average efficiency of 27 MPGe, supported by regenerative braking and fast charging at public Level 3 stations. It performed well in various terrains and weather conditions, including strong winds and heavy rain from Hurricane Helene.

At the Summit, Workhorse will showcase the W56's integration into last-mile delivery fleets, participating in demonstrations and the event's Ride & Drive. This journey highlights the vehicle's capability to meet customer needs and handle long-distance travel demands.

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Workhorse Group Inc. (Nasdaq: WKHS) has announced its participation as a Presidential Exhibitor at the 2024 FedEx Forward Service Provider Summit in Orlando, Florida, from October 1-4, 2024. The company will showcase its 100% electric W56 step van in the event's Ride & Drive, allowing attendees to experience the vehicle firsthand.

The W56 is designed for last-mile parcel and package delivery, offering class-leading range, substantial payload capacity, and an all-electric powertrain. Workhorse emphasizes its focus on reliability, driver safety, and comfort for last-mile routes, as well as providing best-in-class quality and post-sales service to ensure optimal fleet efficiency.

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FAQ

What is the current stock price of Workhorse Group (WKHS)?

The current stock price of Workhorse Group (WKHS) is $3.31 as of March 23, 2026.

What is the market cap of Workhorse Group (WKHS)?

The market cap of Workhorse Group (WKHS) is approximately 28.5M.

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