Workhorse Group

Electric Commercial Vehicle Market worth USD 255.6 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, March 4, 2024

The EU provides incentives for electric vehicles (EVs), such as battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs).

Key Points: 
  • The EU provides incentives for electric vehicles (EVs), such as battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs).
  • The 121–200 kWh battery capacity segment of the electric commercial vehicle market is witnessing substantial growth for several reasons.
  • The North American electric commercial vehicle market is experiencing significant growth driven by various factors, including tightening emission regulations, increasing environmental awareness, and advancements in electric vehicle (EV) technology.
  • Thus, all such factors are expected to boost the North American electric commercial vehicle market during the forecast period.

Electric Commercial Vehicle Market worth USD 255.6 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, March 4, 2024

The EU provides incentives for electric vehicles (EVs), such as battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs).

Key Points: 
  • The EU provides incentives for electric vehicles (EVs), such as battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs).
  • The 121–200 kWh battery capacity segment of the electric commercial vehicle market is witnessing substantial growth for several reasons.
  • The North American electric commercial vehicle market is experiencing significant growth driven by various factors, including tightening emission regulations, increasing environmental awareness, and advancements in electric vehicle (EV) technology.
  • Thus, all such factors are expected to boost the North American electric commercial vehicle market during the forecast period.

Drone Logistics And Transportation Market Zooms Towards Million-Dollar Valuation: Estimated to Reach USD 18067.58 Million by 2030: Verified Market Research®

Retrieved on: 
Thursday, May 25, 2023

JERSEY CITY, N.J., May 25, 2023 /PRNewswire/ -- The Global Drone Logistics And Transportation Market is projected to grow at a CAGR of 55.41% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 343.96 Million in 2021 and is expected to reach USD 18067.58 Million by the end of the forecast period.

Key Points: 
  • The report provides an in-depth analysis of the global Drone Logistics And Transportation Market, including its growth prospects, market trends, and market challenges.
  • Drone Logistics And Transportation Market: Significant Growth and Promising Future Outlook
    The Global Drone Logistics And Transportation Market has experienced remarkable expansion in recent years, and this trend is expected to continue in the foreseeable future.
  • Furthermore, the advent of e-commerce has played a substantial role in the expansion of the Drone Logistics And Transportation Market.
  • Based on the research, Verified Market Research® has segmented the global Drone Logistics And Transportation Market into Solution, Sector, Drone, And Geography.

Drone Logistics And Transportation Market Zooms Towards Million-Dollar Valuation: Estimated to Reach USD 18067.58 Million by 2030: Verified Market Research®

Retrieved on: 
Thursday, May 25, 2023

JERSEY CITY, N.J., May 25, 2023 /PRNewswire/ -- The Global Drone Logistics And Transportation Market is projected to grow at a CAGR of 55.41% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 343.96 Million in 2021 and is expected to reach USD 18067.58 Million by the end of the forecast period.

Key Points: 
  • The report provides an in-depth analysis of the global Drone Logistics And Transportation Market, including its growth prospects, market trends, and market challenges.
  • Drone Logistics And Transportation Market: Significant Growth and Promising Future Outlook
    The Global Drone Logistics And Transportation Market has experienced remarkable expansion in recent years, and this trend is expected to continue in the foreseeable future.
  • Furthermore, the advent of e-commerce has played a substantial role in the expansion of the Drone Logistics And Transportation Market.
  • Based on the research, Verified Market Research® has segmented the global Drone Logistics And Transportation Market into Solution, Sector, Drone, And Geography.

Workhorse Announces Annual Stockholders’ Meeting Results

Retrieved on: 
Tuesday, May 2, 2023

CINCINNATI, May 02, 2023 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company with a vision to pioneer the transition to zero emission commercial vehicles, announced the results of its annual stockholders' meeting held earlier today.

Key Points: 
  • CINCINNATI, May 02, 2023 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company with a vision to pioneer the transition to zero emission commercial vehicles, announced the results of its annual stockholders' meeting held earlier today.
  • The Directors have been elected to serve a term expiring at the 2024 annual meeting of stockholders.
  • In addition, stockholders ratified the appointment of Grant Thornton LLP as the Company's independent auditors for 2023 and approved the Workhorse Group Inc. 2023 Long-Term Incentive Plan.
  • A webcast playback will be available at www.virtualshareholdermeeting.com/WKHS2023 24 hours after the completion of the meeting.

If You Purchased or Otherwise Acquired Workhorse Group, Inc. Common Stock Between March 10, 2020, and May 10, 2021, Inclusive, Your Rights May Be Affected by a Class Action Settlement.

Retrieved on: 
Tuesday, March 7, 2023

If you purchased Workhorse Group, Inc. (“Workhorse” or the “Company”) common stock (trading symbol “WKHS”) between March 10, 2020 and May 10, 2021, inclusive, your rights may be affected by the Settlement of this Action.

Key Points: 
  • If you purchased Workhorse Group, Inc. (“Workhorse” or the “Company”) common stock (trading symbol “WKHS”) between March 10, 2020 and May 10, 2021, inclusive, your rights may be affected by the Settlement of this Action.
  • Please visit the website at www.WorkhorseSecuritiesLitigation.com to obtain copies of the Notice of Pendency and Proposed Settlement (“Notice”) and the Proof of Claim and Release.
  • You may also obtain copies of these documents by writing to [email protected] or by calling the Claims Administrator toll-free at 1-844-787-0160.
  • The Notice contains details about this Action and Settlement, including what you must do to file a Proof of Claim, exclude yourself from the Settlement, or object to the Settlement.

North American Electric Light Commercial Vehicle Market Analysis Report 2022 Featuring Tesla, Arrival, Rivian, Canoo, Atlis Motor Vehicles, Bollinger Motors, Workhorse Group, and Vicinity Motor

Retrieved on: 
Thursday, October 20, 2022

DUBLIN, Oct. 20, 2022 /PRNewswire/ -- The "North American Electric Light Commercial Vehicle Market, 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Oct. 20, 2022 /PRNewswire/ -- The "North American Electric Light Commercial Vehicle Market, 2022" report has been added to ResearchAndMarkets.com's offering.
  • This report has identified 8 companies that are disrupting the emerging North American eLCV market with their cutting-edge innovation, groundbreaking technology, strong partnerships, and strategic product positioning.
  • They are Tesla, Arrival, Rivian, Canoo, Atlis Motor Vehicles, Bollinger Motors, Workhorse Group, and Vicinity Motor Corp.
  • These companies either have a presence already or are preparing to commercially launch eLCVs on North American roads in the near term.

North American Electric Light Commercial Vehicle Market Report 2022: Cutting-edge Innovations, Groundbreaking Technology, Strong Partnerships, and Strategic Product Positioning - ResearchAndMarkets.com

Retrieved on: 
Tuesday, October 11, 2022

The "North American Electric Light Commercial Vehicle Market, 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "North American Electric Light Commercial Vehicle Market, 2022" report has been added to ResearchAndMarkets.com's offering.
  • This report has identified 8 companies that are disrupting the emerging North American eLCV market with their cutting-edge innovation, groundbreaking technology, strong partnerships, and strategic product positioning.
  • They are Tesla, Arrival, Rivian, Canoo, Atlis Motor Vehicles, Bollinger Motors, Workhorse Group, and Vicinity Motor Corp.
  • These companies either have a presence already or are preparing to commercially launch eLCVs on North American roads in the near term.

GreenPower Completes First Deliveries of EV Star Cab and Chassis to Workhorse for the Production of Workhorse's New Class 4 W750 Step Van

Retrieved on: 
Wednesday, August 3, 2022

(NASDAQ: GP) (TSXV: GPV) ("GreenPower"), a leading manufacturer and distributor of zero-emission, electric-powered, medium and heavy-duty vehicles, today announced the delivery of the first tranche of EV Star Cab and Chassis (EV Star CC) to Workhorse Group Inc. (Nasdaq: WKHS) ("Workhorse") forthe Production of Workhorse's New Class 4 W750 Step Van Line.

Key Points: 
  • (NASDAQ: GP) (TSXV: GPV) ("GreenPower"), a leading manufacturer and distributor of zero-emission, electric-powered, medium and heavy-duty vehicles, today announced the delivery of the first tranche of EV Star Cab and Chassis (EV Star CC) to Workhorse Group Inc. (Nasdaq: WKHS) ("Workhorse") forthe Production of Workhorse's New Class 4 W750 Step Van Line.
  • Under the terms of the agreement, the companies committed to a 21-month schedule during which GreenPower will deliver 1,500 EV Star cab and chassis to Workhorse starting in July 2022 through to March 2024.
  • The chassis are to be used in the production of Workhorse's new Class 4 W750 step van line, which is slated to enter production later this year.
  • The finished Class 4 step vans will be available under the Workhorse brand with Workhorse after-sales and support service.

Workhorse Appoints Robert Ginnan as Chief Financial Officer

Retrieved on: 
Tuesday, January 4, 2022

CINCINNATI, Jan. 04, 2022 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (NASDAQ: WKHS ) (Workhorse or the Company), an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last mile delivery sector, today announced the appointment of Robert Bob Ginnan as Chief Financial Officer (CFO), effective January 4, 2022.

Key Points: 
  • CINCINNATI, Jan. 04, 2022 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (NASDAQ: WKHS ) (Workhorse or the Company), an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last mile delivery sector, today announced the appointment of Robert Bob Ginnan as Chief Financial Officer (CFO), effective January 4, 2022.
  • Ackerson will help with Ginnans transition before reassuming his role as Workhorses Corporate Controller and Principal Accounting Officer.
  • During that time Ginnan was instrumental in the implementation of new financing options and driving much of the sales expansion through acquisitions.
  • Ginnan added: With strong industry tailwinds and clear direction, it is a great time to be joining Workhorse Group.