STOCK TITAN

Workhorse Partners with InCharge Energy to Offer Enhanced Customer Support Across North America

(Neutral)
(Very Positive)
Tags
partnership

Workhorse (NASDAQ: WKHS) partnered with InCharge Energy to offer integrated, branded customer support across North America for Workhorse vehicles, charging infrastructure, and related hardware and software. The service will launch later in 2026, with full availability expected in Q4 2026, and a toll-free support line for fleets and dealers.

The program combines InCharge field technicians, a Support Operations Center, interoperability specialists, and advanced software to centralize troubleshooting and improve uptime.

Loading...
Loading translation...

Positive

  • Integrated support combining vehicle and charging expertise under one branded contact
  • Launch timing set for full availability in Q4 2026
  • Access to InCharge field technicians and Support Operations Center to speed issue resolution
  • Workhorse fleet scale: > 1,100 vehicles and > 20 million miles driven

Negative

  • No quantified service SLAs or uptime guarantees published
  • Potential dependency on a third party for core customer-facing operations

News Market Reaction – WKHS

+27.99% 3.3x vol
46 alerts
+27.99% Session close to close
+26.4% Peak in 4 hr 19 min
$46.42M Market Cap
3.3x Rel. Volume

In the May 6 session, WKHS gained 27.99%, reflecting a significant positive market reaction. Argus tracked a peak move of +26.4% during that session. Our momentum scanner triggered 46 alerts that day, indicating elevated trading interest and price volatility. Trading volume was very high at 3.3x the daily average, suggesting strong buying interest.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock surged +28.0% in the session following this news. A strong positive reaction aligns with W...
Analysis

The stock surged +28.0% in the session following this news. A strong positive reaction aligns with Workhorse’s strategy of deepening its electrification ecosystem. The InCharge Energy partnership enhances OEM-branded, first‑call support across vehicles and charging. Historically, partnership headlines averaged a -3.44% move, so any sizable upside would mark a shift from past patterns. Investors would likely watch execution of the Q4 2026 rollout and ongoing financing disclosures in recent 10‑K and 8‑K filings.

Key Figures

Stock price: $3.18 Vehicles delivered: more than 1,100 vehicles Fleet miles: more than 20 million miles +2 more
5 metrics
Stock price $3.18 Prior close before partnership announcement
Vehicles delivered more than 1,100 vehicles Cumulative deliveries across customer fleets
Fleet miles more than 20 million miles Real‑world miles accumulated by deployed vehicles
Plant capacity 5,000+ vehicles/year Union City facility capability on a single operating shift
Service launch timing Fourth Quarter of 2026 Expected full availability of new support service

Previous Partnership Reports

4 past events · Latest: Mar 19 (Positive)
Same Type Pattern 4 events
Date Event Sentiment 24h Move Catalyst
Mar 19 Vehicle delivery partnership Positive -2.8% Launch of 208-inch W56 deliveries via Revolv and Kingsburg partnerships.
Dec 10 Certified dealer partnership Positive -5.0% PMC becomes certified dealer for specialized second-stage manufacturing and demos.
Dec 10 Dealer collaboration Positive -5.0% New PMC dealer partnership showcasing W56 and W4 CC with mobile DC charging.
Jun 12 Fleet order partnership Positive -1.0% Kingsburg commits to 141 W4 CC trucks tied to California HVIP vouchers.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Past partnership announcements averaged a -3.44% next‑day move, with all recorded events trading down despite constructive strategic news.

Recent Company History

Recent partnership history for Workhorse shows multiple collaborations aimed at expanding distribution and fleet electrification support. Deals with Revolv, Kingsburg Truck Center, and Progress Manufacturing focused on extended wheelbase W56 deliveries, specialized second‑stage manufacturing, and larger Class 4 truck commitments. Despite these strategic steps, each partnership release saw negative next‑day price reactions. The new InCharge Energy support partnership fits this pattern of operational expansion that has not yet translated into favorable immediate trading responses.

Key Terms

oem, telematics
2 terms
oem technical
"Workhorse Group Inc. (NASDAQ: WKHS) (“Workhorse”), a North American OEM and provider of all-electric trucks..."
OEM stands for Original Equipment Manufacturer, which is a company that produces parts or components used in the final products made by other companies. For investors, understanding OEMs is important because their performance can impact the supply chain and overall success of major industries, especially those relying on specialized parts. Think of OEMs as the suppliers that provide the building blocks for larger products, like the engine parts for a car.
telematics technical
"or to the relevant third-party provider if the issue involves charging equipment, telematics, or other external hardware..."
Telematics is the technology that collects, transmits and analyzes data from vehicles or remote equipment—such as location, speed, engine status and sensor readings—using GPS, cellular networks and onboard computers. For investors it matters because telematics turns physical assets into data-rich services, enabling new revenue streams (like usage-based insurance, fleet optimization, or predictive maintenance), reducing costs and improving risk visibility much like a fitness tracker does for health.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

Professional-grade access to trained support specialists is designed to help customers diagnose and resolve root causes of issues more quickly across vehicle, charging, hardware and software platforms

DETROIT, May 06, 2026 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (NASDAQ: WKHS) (“Workhorse”), a North American OEM and provider of all-electric trucks, step vans, shuttles and buses, today announced it has partnered with InCharge Energy, a leading provider of EV charging and energy solutions for commercial fleets, to deliver an integrated “one stop shop” support for customers across North America. When the program launches later this year, Workhorse fleet customers will have access to live support specialists to simplify support by giving fleets one accountable entity to help navigate issues that span Workhorse vehicles, charging infrastructure, electrical systems, and third-party hardware and software.

While the support program will operate under the Workhorse brand, InCharge Energy will provide the professional staffing, operational infrastructure, and technology backbone to enable the model — combining expert field technicians, a centralized Support Operations Center, electrical and interoperability specialists, and advanced software to resolve complex issues quickly and accurately. By providing a single point of contact with deep knowledge of the full vehicle electrification ecosystem, the capabilities of this partnership will enable Workhorse to more quickly and accurately resolve issues, keeping trucks on the road and optimizing uptime.

“Major fleet operators expect not only a great truck, but OEM-grade customer service. This partnership is a direct response to that expectation. We’re putting it in place now so we can scale it in concert with our growth, ensuring our customers never feel a gap,” said Scott Griffith, CEO of Workhorse. “Based on the deals we’ve already announced this year, we project we will experience significant growth in the number of Workhorse vehicles deployed by the end of 2026. This industry-first partnership is a key aspect of our plans to deliver scalable ‘first-call’ service operations and provide large fleets with what they value most – high uptime.”

The enhanced support line is staffed by specialists trained specifically on Workhorse vehicles and the broader commercial EV ecosystem. Based on their initial assessment, the ticket is routed to one of three destinations: to a Workhorse regional field technician if the issue is vehicle-related; to the customer’s authorized Workhorse dealer if the issue involves an upfit or aftermarket component; or to the relevant third-party provider if the issue involves charging equipment, telematics, or other external hardware or software. In every case, the customer makes one call, the right expert is engaged, and Workhorse is always aware of the issues in the field.

Fleet electrification is still relatively early in the adoption curve, so when technical issues arise, it isn’t always obvious where the culprit lies. Sorting that out quickly requires genuine expertise in both the vehicle and the charging ecosystem around it. InCharge’s deep knowledge of EV charging hardware and software is a real asset in helping Workhorse customers find and resolve the root cause of issues faster.

“Fleet operators don’t need another call center: they need expertise and accountability,” said Rich Mohr, CEO of InCharge Energy. “Our team brings together people, platforms, and operations into one coordinated model. By powering Workhorse customer support with our field technicians, Support Operations Center, and an advanced software platform, we’re helping customers move past complexity and get back to operating their fleets.” The service is expected to be fully available to Workhorse customers and dealers beginning in the Fourth Quarter of 2026. Workhorse customers and dealers will receive information about the toll-free support number and service availability directly from Workhorse as the rollout proceeds.

To date, Workhorse has delivered more than 1,100 vehicles that have collectively accumulated more than 20 million real-world miles across customer fleets. Workhorse’s commercial-scale manufacturing facility is based in Union City, Indiana, and is capable of producing up to 5,000+ vehicles per year on a single operating shift. Workhorse sells its vehicles through a national dealer network, with post-sale support bolstered by a Workhorse factory-certified customer service network.

About Workhorse Group Inc.

Headquartered in the Detroit area with a commercial-scale manufacturing plant in Union City, Indiana, Workhorse (Nasdaq: WKHS) is redefining what a medium-duty truck should be. Workhorse builds software-first, electric trucks, shuttles and buses that are powerful, cost-efficient, reliable, safe and comfortable — all with zero tailpipe emissions. Our deep experience building electric vehicles at scale drives intentional innovations designed to help customers lower operating costs, improve fleet performance, enhance the driver experience, and maximize uptime without compromise. More information is available at www.workhorse.com.

About InCharge Energy

InCharge Energy is a full lifecycle energy infrastructure partner, delivering EV charging, electrical and lighting, and distributed energy solutions. We support customers from initial concept and construction through long-term ongoing operations and maintenance. By providing one accountable partner across the energy lifecycle, InCharge Energy helps organizations operate more reliably, scale with confidence, and reduce total cost of ownership through best-in-class service and maintenance. More information is available at www.inchargeus.com.

Media Relations Contacts

Workhorse

John Williams, Communications
+1-206-660-5503, john.williams@workhorse.com
ICR, Inc.
workhorse@icrinc.com

InCharge Energy

Junko Green
Junko.green@inchargeus.com, 415-297-9642

Investor Relations Contact:

ir@workhorse.com

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 21E of the Exchange Act, and the Private Securities Litigation Reform Act of 1995, as amended. All statements other than statements of historical fact included in this press release, including, among other things, statements regarding the planned rollout of enhanced customer support capabilities, Workhorse’s ability to scale customer support, and other statements regarding the company’s anticipated or planned operations are forward-looking statements. Some of these statements may be identified by the use of the words “plans”, “expects” or “does not expect”, “estimated”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, “targets”, “projects”, “contemplates”, “predicts”, “potential”, “continue”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “should”, “might”, “will” or “will be taken”, “occur” or “be achieved”.

Forward-looking statements are based on the opinions and estimates of management of Workhorse as of the date such statements are made, and they are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking statements.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/80b78bb3-7848-42d5-a133-f6f55a593beb


FAQ

When will Workhorse (WKHS) and InCharge Energy customer support be available?

The integrated support program will be fully available in Q4 2026. According to the company, rollout begins later this year with a toll-free support number provided to customers and dealers as availability progresses.

What will Workhorse (WKHS) customers get from the InCharge Energy support partnership?

Customers will get a single branded contact for vehicle and charging issues. According to the company, InCharge supplies field technicians, a Support Operations Center, interoperability specialists, and software to diagnose and route tickets.

How does the Workhorse (WKHS) support routing process work with InCharge Energy?

Calls are triaged to the right expert—Workhorse technician, dealer, or third-party provider. According to the company, an initial assessment routes tickets to vehicle, upfit/dealer, or charging/third-party specialists.

Will the Workhorse (WKHS) support program improve vehicle uptime for fleets?

The program aims to resolve root causes faster to keep trucks on the road. According to the company, combined expertise and centralized operations are intended to optimize uptime and accelerate repairs.

How many Workhorse vehicles and miles support the company’s scale claim?

Workhorse has delivered more than 1,100 vehicles that logged over 20 million real-world miles. According to the company, its Union City, Indiana facility can produce 5,000+ vehicles per year on a single shift.