The Workhorse Group designs and produces battery-electric power trains in its 50,000 sq. ft. facility in Loveland, OH for its new Workhorse chassis. Workhorse’s approach to building its battery electric power trains uses proven, automotive-grade, mass-produced parts coupled with its custom designed, proprietary control software. Workhorse Group Inc. is an Original Equipment Manufacturer (OEM) of Class 3-6 Workhorse brand medium-duty truck chassis. Its 200,000 sq. ft. assembly plant enables it to build the tried and true W62 chassis and the new, narrower-track W88 chassis at price points and performance specifications sure to be attractive to fleet purchasers.
The HorseFly™ UAV Delivery system is a custom built, high efficiency quadcopter- based delivery UAV that is fully integrated with our line of electric/hybrid delivery trucks. The HorseFly system is designed to conform to the FAA guidelines for UAV operation in the U.S. Most notably, being fully integrated with delivery trucks, the system is designed such that a driver or driver’s assistant can maintain line-of-sight operation of the UAV delivery process.
Location: United States, Ohio, Loveland
Employees: 201-500
Phone: +1 513-360-4704
Total raised: $241M
Founded date: 2007
Investors 1
| Date | Name | Website |
| - | Capital Q ... | capitalqve... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 12.10.2020 | - | $200M | - |
| 25.11.2019 | - | $41M | - |
Mentions in press and media 32
| Date | Title | Description |
| 07.05.2024 | EVs to Reduce Emissions When Ubiquitous | ECONOMY & POLICY EVs to Reduce Emissions When Ubiquitous 07 May 2024 2 Min Read CW Team Electric vehicles (EVs) are poised to significantly reduce emissions and enhance air quality in cities, but only once they become prevalent. This tr... |
| 25.04.2024 | Battery stocks' rally likely to extend in May after $2 billion surge | - |
| 22.03.2024 | Lordstown Motors’ ousted CEO settles with SEC for misleading investors | Steve Burns, the ousted founder, chairman and CEO of bankrupt EV startup Lordstown Motors, has settled with the U.S. Securities and Exchange Commission over misleading investors about demand for the company’s flagship all-electric Endurance... |
| 12.03.2024 | Workhorse Group Reports Fourth Quarter and Full Year 2023 Results | - |
| 09.11.2021 | Workhorse Stock Falls on Negative Sales | Workhorse the electric-van manufacturer, reported third-quarter results that included negative sales and the shares fell a little in premarket trading because the stock already has been badly beaten up. Workhorse (ticker: WKHS) stock fell 1... |
| 22.09.2021 | Workhorse Just Recalled Its EV Trucks and Halted Production. Its Stock Is Tumbling. | Commercial EV maker Workhorse (ticker: WKHS) is suspending production of its electric delivery vans and recalling the ones it already built. That has the stock tumbling. Shares are down 11% at $7.26 just after 10 a.m., while the S&P 500... |
| 03.06.2021 | Workhorse defies meme-stock slowdown, soars 59% as Reddit traders target shorts | Workhorse soared 59% to a two-month high as Reddit traders target the electric vehicle company. On Wednesday night, a Redditor published a post saying, “Is WKHS next to moon???” Data from MarketBeat show that 39% of Workhorse’s shares are s... |
| 03.06.2021 | Workhorse defies meme-stock slowdown, soars 59% as Reddit traders target shorts | Workhorse soared 59% to a two-month high as Reddit traders target the electric vehicle company. On Wednesday night, a Redditor published a post saying, "Is WKHS next to moon???" Data from MarketBeat show that 39% of Workhorse's sh... |
| 07.05.2021 | 3 Short Squeeze Candidates in the Electric Vehicle Industry | May 7, 2021 10 min read This story originally appeared on StockNews The stock market has been witnessing a short-squeeze wave over the past few months, driven primarily by the actions of a group of millennial investors seeking to squeeze sh... |
| 25.02.2021 | How Workhorse can survive missing out on a $6 billion USPS contract, according to experts | Workhorse's stock took a hit after it lost a bid to make delivery vans for the US Postal Service. Nick Carey/Reuters This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Redeem now Workhorse's... |
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