Workhorse Group
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News
Kenworth, Peterbilt electric trucks qualify for California rebates
Electric trucks from PACCAR siblings can get California rebates when the fund is replenished; Daimler shows future battery and fuel cell trucks; and FMCSA grants…
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Fuel
GM will supply batteries and fuel cells for Nikola electric trucks
General Motors is putting its battery and fuel cell expertise to work for startup electric truck maker Nikola in exchange for an 11% ownership stake…
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News
Hitachi will benchmark Workhorse operations and build dealer network
Strategic partnerships with Hitachi to benchmark its operations and help build a dealership network juice shares in Workhorse Group.
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Finance
Startup Motiv gets $15M to scale electric truck component production
Motiv Power Systems can tap $15 million in new cash from its largest investor as it fulfills pandemic-delayed orders for software and power electronics for…
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News
The Daily Dash: Border skirmish, drone delivery and is it time to say goodbye to diesel?
In today’s edition of The Daily Dash, concerns are raised about Mexican truck operations, drone delivery technology advances and Anheuser-Busch is making a switch to…
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News
Workhorse perfecting HorseFly truck-based drone delivery
Workhorse Group is perfecting technology for its HorseFly truck-mounted drone that could distinguish it from last-mile delivery competitors.
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News
The Daily Dash: Amazon and malls; Convoy’s big deals; and could a big deal fall through?
In today’s edition of The Daily Dash, Amazon is looking at how it might utilize mall space and Convoy unveils some big deals for carriers.…
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Company earnings
Workhorse losses grow as stock surges, production ramps up
Workhorse Group lost a lot of money on paper because new borrowing was tied to its exploding stock price. But it has the cash on…
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Finance
Lordstown Motors going public in reverse merger
Startup electric truck maker Lordstown Motors takes trendy reverse merger route to public ownership, and a $1.6 billion valuation.
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News
Ryder gets first two Workhorse electric vans
Ryder System gets the first two Workhorse electric delivery vans for daily rental exposure through Ryder’s peer-to-peer truck-sharing program.
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