Associated tags: Aircraft, Movement, Environment, Draft horse, EV
Locations: NEW YORK, MASSACHUSETTS, NORTH DAKOTA, FALCON, LONDON, UK, TEXAS, FAA, LEBANON, WASHINGTON, OREGON, WILLIAMS, RIVERVIEW, BRITISH COLUMBIA, LOVELAND, OH, US, MARCH, MICHIGAN, CALIFORNIA, UNION CITY
Retrieved on:
Wednesday, April 10, 2024
CINCINNATI, April 10, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS ) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced it has added Ziegler Truck Group to its network of dealers, bringing the Company’s total dealer count to 11 partners nationwide.
Key Points:
- CINCINNATI, April 10, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS ) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced it has added Ziegler Truck Group to its network of dealers, bringing the Company’s total dealer count to 11 partners nationwide.
- Ziegler Truck Group has locations in Minnesota, Iowa, and Wisconsin, expanding Workhorse’s dealer network across the Midwest region.
- “We are pleased to partner with Ziegler Truck Group to meet the growing needs of customers as EV adoption continues to grow.”
“We're building a portfolio of zero-emission vehicles to help our customers seamlessly navigate the transition of their fleet," said Johannes Ariens, Ziegler Truck Group.
- “Our customers are ready to explore, test, and pilot vehicles, and with Workhorse, we're able to get them on the road to zero emissions faster, backed by the support and stability of Ziegler Truck Group.”
In connection with the agreement, the Company completed a registered direct offering pursuant to which it issued and sold to the Investor a $9 million note and related warrants (the “March Securities”).
Key Points:
- In connection with the agreement, the Company completed a registered direct offering pursuant to which it issued and sold to the Investor a $9 million note and related warrants (the “March Securities”).
- The sale of the March Securities provides Workhorse immediate liquidity which is being used to fund operations and redeem the remaining $2,500,000 in aggregate principal amount of its existing Green Senior Secured Convertible Note.
- The March Securities were offered in the registered direct offering pursuant to a registration statement on Form S-3 (File No.
- 333-273357), which was declared effective by the Securities and Exchange Commission (the “SEC”) on July 28, 2023.
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Pharmaceutical industry CINCINNATI, March 12, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today reported financial results for the fourth quarter and full year ended December 31, 2023.
Key Points:
- CINCINNATI, March 12, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today reported financial results for the fourth quarter and full year ended December 31, 2023.
- Continued Build Out of Commercial Dealer and Service Footprint: Workhorse successfully added new certified dealers to its network in 2023, expanding to 11 dealers nationwide.
- Completed Revamp of Manufacturing Complex: In 2023, the Company completed the overhaul of its Union City, Indiana manufacturing complex.
- Sales, net of returns and allowances, for the fourth quarter of 2023 were $4.4 million compared to $3.4 million in the same period last year.
Retrieved on:
Wednesday, March 27, 2024
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Management VANCOUVER, BC, March 27, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced the appointment of Ms. Jacqueline (Jacqui) Dedo to the Ballard Board of Directors.
Key Points:
- VANCOUVER, BC, March 27, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced the appointment of Ms. Jacqueline (Jacqui) Dedo to the Ballard Board of Directors.
- "We are pleased to welcome Jacqui to the Ballard Board.
- Ms. Dedo added, "I am delighted to join the Ballard Board of Directors as the company deploys hydrogen fuel cell engines to meet increasing adoption rates in heavy-duty mobility applications.
- Ms. Dedo previously held various leadership positions at The Timken Company (NYSE: TKR), Motorola (NYSE: MSI), and Robert Bosch Corporation.
Financial results will be issued in a press release prior to the call.
Key Points:
- Financial results will be issued in a press release prior to the call.
- Workhorse management will host a presentation, followed by a question-and-answer period.
- If you have any difficulty connecting with the conference call, please contact Gateway Group at 949-574-3860.
- A telephonic replay of the conference call will be available after 3:00 p.m. Eastern time on the same day through March 19, 2024.
Retrieved on:
Thursday, February 22, 2024
CINCINNATI, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS ) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced it has added Riverview International Trucks (“Riverview”) as its latest vehicle dealer, bringing the Company’s total dealer count in California to five.
Key Points:
- CINCINNATI, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS ) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced it has added Riverview International Trucks (“Riverview”) as its latest vehicle dealer, bringing the Company’s total dealer count in California to five.
- With locations in West Sacramento and Redding, Riverview is a family owned and operated full-service heavy-duty truck dealership that has been serving Northern California since 1981.
- Riverview’s customer-first approach has allowed it to forge longstanding partnerships with leading businesses in California.
- “This strategic partnership represents another step forward in our ongoing expansion efforts in California,” said Workhorse CEO Rick Dauch.
Retrieved on:
Thursday, February 15, 2024
CINCINNATI, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS ) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, has partnered with Zeem Solutions (“Zeem”) to provide additional Workhorse certified service options for fleet operators and customers.
Key Points:
- CINCINNATI, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS ) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, has partnered with Zeem Solutions (“Zeem”) to provide additional Workhorse certified service options for fleet operators and customers.
- Zeem's electric vehicle (“EV”) technicians will work hand-in-hand with Workhorse’s technical team to respond quickly to service requests and maintain industry-leading uptime.
- Zeem currently operates out of its flagship hub in Los Angeles, California with plans to expand and build additional hubs throughout the country.
- Workhorse customers already operating their own managed fleets now have the option to work with Zeem specifically for service and maintenance.
CINCINNATI, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS ) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, will partner with The W.W. Williams Company LLC (“Williams”) to be a service provider for Workhorse electric vehicles.
Key Points:
- CINCINNATI, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS ) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, will partner with The W.W. Williams Company LLC (“Williams”) to be a service provider for Workhorse electric vehicles.
- Williams will initially offer service through its Power Products Systems Division located in Wakefield, Massachusetts, with the potential for additional locations as Workhorse continues to grow its customer base.
- “Williams provides Workhorse customers an expanded network of reliable service for our entire fleet of electric vehicles – benefiting from their over 100 years of dedicated service, depth of experience, and support offerings.”
“This is an exciting opportunity for us to further deepen our presence in the growing electric truck sector.
- Partnering with Workhorse is another opportunity to demonstrate that W.W. Williams is a leader in the ever-growing world of electric vehicles,” said Mike Houston, National Sales Manager for Williams.
Retrieved on:
Thursday, January 11, 2024
CINCINNATI, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS ) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced it has received its second fleet purchase order for the W56 step van from a leading commercial fleet operator.
Key Points:
- CINCINNATI, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS ) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced it has received its second fleet purchase order for the W56 step van from a leading commercial fleet operator.
- The W56 step van also offers a large 1,000+ cubic foot cargo box with lowered step-in and wide cabin door for easier entry and exit.
- “With this new fleet order, we are building momentum and ramping up sales for our purpose-built Class 5/6 vehicle,” said Workhorse CEO Rick Dauch.
- “This is our second conversion from a demo vehicle trial to a sale for the W56 since we started production in September.
Retrieved on:
Wednesday, January 3, 2024
The HVIP incentive program reduces cost barriers for EV ownership in California to help transition the state to zero emissions.
Key Points:
- The HVIP incentive program reduces cost barriers for EV ownership in California to help transition the state to zero emissions.
- Through the HVIP incentive program, vehicle purchasers and participating dealers are eligible to apply for a base voucher of $85,000 per W56 purchased.
- The Company began production of the W56 in September 2023 and recently received its first fleet purchase order for W56 step vans in California.
- With the HVIP approval and capacity to build up to 5,000 W56 units per year, Workhorse is well positioned to advance our product roadmap and drive growth.”
