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 announced that its W750 medium-duty electric vehicle (EV) will be showcased by Electric Commercial Vehicles (ECV), a certified dealer, at Georgia's 14th Annual Clean Energy Roadshow.
This event, hosted by Public Service Commissioner Tim Echols, is the state's largest alternative fuel fleet vehicle showcase. The W750 will appear at three locations: Riverside Epicenter in Austell on July 9, Savoy Automotive Museum in Cartersville on July 10, and Gwinnett Technical College North Fulton Campus in Alpharetta on July 11.
The W750 is designed for last-mile delivery, featuring a zero-emission solution with class-leading payload and range. According to ECV Director Omar B. Sandlin II, the W750 offers immediate torque, more power than internal combustion engine vehicles, and responsive handling.
Workhorse President Ryan Gaul emphasized the importance of such events for educating fleet operators on the benefits and practicalities of transitioning to alternative fuel vehicles.
On June 27, 2024, Workhorse Group (Nasdaq: WKHS) announced a new upfit program in partnership with Surefitters, a leader in truck and van upfitting. This program offers a range of upfit options for Workhorse's medium-duty commercial EVs, including 13 pre-configured packages for the W56 and W750 step vans and full-body packages for the W4 CC cab chassis. The upfit solutions cater to last-mile delivery and vocational trades, ensuring streamlined quality control, enhanced convenience, and volume discounts. This partnership aims to expedite market deployment and improve the quality of Workhorse's EV offerings through Surefitters' national network of expert upfitters.
Workhorse Group, an American technology company focused on zero-emission commercial vehicles, announced the addition of Eco Auto to its Certified Dealer Network. Eco Auto is the first dealer in the Greater Boston area and the 13th nationwide. Located in Tewksbury, MA, Eco Auto specializes in sustainable vehicle solutions, supported by Massachusetts' MOR-EV program, which offers rebates of $30,000 to $60,000 per electric vehicle for qualifying businesses, universities, nonprofits, and municipalities. This partnership aims to expand Workhorse's reach in the commercial fleet electrification sector and provide enhanced services, including electric and hybrid vehicle purchases, energy solutions, and EV maintenance. Workhorse CEO Rick Dauch emphasized the importance of partnering with dedicated EV dealers to accelerate the adoption of zero-emission vehicles in the Northeast.
On June 13, 2024, Workhorse Group announced a 1-for-20 reverse stock split of its common stock, effective June 17, 2024. The move aims to increase the stock price to comply with Nasdaq's minimum bid price requirements. Shareholders approved the reverse split at the Annual Meeting on May 14, 2024. The stock will continue trading under the symbol WKHS. The reverse split consolidates every 20 shares into one, with no fractional shares issued, and aims to help the stock price reach at least $1.00 for ten consecutive trading days by September 16, 2024.
Workhorse Group (NASDAQ: WKHS) collaborates with Kingsburg Truck Sales to boost zero-emission truck adoption in California. Kingsburg commits to purchasing 141 Workhorse W4 CC Class 4 battery-electric cab chassis trucks for 2024, contingent on receiving HVIP vouchers. The W4 CC trucks offer a range of 150 miles, Level 2/Level 3 charging, and multiple upfit options, making them ideal for local deliveries and ACF compliance. Additionally, Workhorse completed the divestiture of its Aero business, expected to save $375,000 monthly and enhance its focus on commercial EVs. This move aims to streamline operations and provide financial flexibility for advancing their EV product roadmap.
Workhorse Group (Nasdaq: WKHS) reported its Q1 2024 financial results, highlighting key strategic and financial actions. Sales for the quarter were $1.3 million, down from $1.7 million in Q1 2023. The company faced increased costs, with cost of sales rising to $7.4 million from $5.3 million. Net loss widened to $29.2 million from $25.0 million. Positive developments include securing orders for 141 W4 CC trucks and expanding their dealer network. Workhorse also engaged in a financing agreement worth up to $139 million to support its roadmap. Strategic cost reductions include a 20% workforce reduction and temporary furloughs. The company is working on divesting its Aero business, aiming for cost savings of around $375,000 per month.
Workhorse Group will exhibit its electric commercial vehicles at the Advanced Clean Transportation (ACT) Expo 2024 in Las Vegas from May 20-23. The company will showcase its medium-duty electric vehicles, including the W56 refrigerated EV step van and the Class 4 W4 CC chassis dump truck. The W56 features a Thermo King v520 Max unit integrated with the vehicle's high-voltage battery system, eliminating the need for diesel or auxiliary batteries. Attendees can experience the W56’s handling through a ‘ride and drive’ demo. Workhorse aims to highlight its commitment to clean transportation and provide real-world EV solutions available now, enhancing efficiency in last-mile delivery and sustainability.
Workhorse Group (Nasdaq: WKHS) held its 2024 Annual Meeting of Stockholders, where key proposals were approved to advance its strategic goals. The stockholders re-elected seven directors for a term expiring in 2025. Additionally, they approved a reverse stock split of Workhorse’s outstanding shares by a ratio between 1-for-10 and 1-for-20, to comply with Nasdaq Listing Rules, which can be executed any time before August 30, 2024. Furthermore, stockholders agreed to issue the maximum number of shares underlying the company’s senior secured convertible notes and warrants. The final vote results will be filed on a Form 8-K with the SEC.
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