Workhorse Group
- Electric Trucks
Workhorse shares tank on anemic Q2 revenue
Workhorse Group recorded next to no revenue in the second quarter as CEO Rich Dauch’s transformation hits the one-year mark.
Read More » - Finance
Truck Tech: Summer reading edition
Shareholder letters and earnings call transcripts don’t qualify as page-turning vacation reading. But they say a lot.
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Is last-mile startup ELMS on its last legs?
Last Mile Solutions told the Securities and Exchange Commission it is nearly out of cash and could run out of money this month.
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Lordstown Motors closes plant sale to Taiwan’s Foxconn
Lordstown Motors lives to fight another day with the $230 million sale of the plant it basically got for free from General Motors.
Read More » - Modern Shipper
Electric delivery van and chassis makers jostle for leadership
Electric chassis startups from A to Z are tapping a legacy bodybuilder for help while one company creates its own complete electric van.
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Stock deal clears Workhorse Group’s debt
Workhorse may not have any electric vehicles to sell, but it also does not have any debt after paying off a hedge fund lender in…
Read More » - Modern Shipper
Surprise! 20% of Postal Service’s first vehicle order is electric
In its initial order for the next-generation delivery vehicle, the Postal Service surprised by ordering a mix of powertrains that includes 20% electric vehicles among…
Read More » - Modern Shipper
Return to sender? Postal Service’s next-gen vehicle faces fresh criticism
A U.S. Postal Service evaluation concluded that electric vehicles make sense for its next-generation delivery vehicle, but a short time frame and lack of funding…
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Workhorse will build no trucks in 1H22 amid reset to new platforms
Facing a year with no revenue, Workhorse Group has turned to Canada’s GreenPower Motor to get Class 4 vans it can sell this year.
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Lordstown Motors faces multiple hurdles to produce electric pickup
Lordstown Motors is sticking to planned production of the Endurance electric pickup truck in Q3, but a shortage of cash makes the plan uncertain.
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