$3.070
-0.097 (-3.15%)At close
WKHS News
WKHS Events
Workhorse Group Enters Mobile AI Data Center Market
Workhorse Group announced its intent to enter the mobile AI data center category with a new product: a turnkey, compute-ready, containerized mobile AI data center designed to meet the localized mobile AI infrastructure needs of distributed deployment applications worldwide. The new containerized mobile AI data center product line, which is currently in development, is intended to leverage Workhorse's existing engineering, software, testing, agile design and supply-chain capabilities as well as other cost synergies from manufacturing the new mobile AI data center product line at its plant in Indiana.
Workhorse Group Appoints Jody Davis as CFO
Workhorse Group announced the appointment of Jody Davis as CFO, replacing current CFO Bob Ginnan, who is retiring. Davis was part of the founding team and served as CFO of Our Next Energy. Ginnan served as CFO at Workhorse since January, 2022.
Workhorse Group Secures Order for 100 Electric Vans from Gateway
Workhorse Group announced a purchase order for 100 W56 fully-electric step vans from Gateway Fleets. Gateway plans to deploy the W56 step vans across its network of electrified sites and is preparing to launch additional locations, to be announced in the coming months, expanding access to reliable charging across key markets.
Workhorse Reports Q4 Revenue of $9.7M, First Results Post-Merger
Reports Q4 revenue $9.7M vs. $6.0M last year. The company states: "Today marks a milestone for Workhorse as we report our first set of results as a combined company. Since closing the Motiv merger in December, we have made meaningful progress on all three commitments we made: completing the integration, expanding our product portfolio, and strengthening our financial position," said Scott Griffith, Chief Executive Officer. "Our teams are working together on a new Cycle Plan and product roadmap that charts a clear path for the commonization of our technology platform, along with the development of a proprietary Class 5/6 cab chassis that we believe will unlock a larger slice of the full $23B Class 4 through 6 commercial truck marketplace. The completion of the Motiv merger significantly simplified our capital structure and provided a foundation for the next phase of our growth. We are focused on converting our pipeline into revenue, managing our cost structure as we integrate, and positioning the combined company for sustainable growth. We also continue to evaluate financing alternatives to strengthen our balance sheet and support our growth plan. We believe we have a clear and achievable path to profitability, and we are executing against it."
Workhorse Secures Order for 100 Electric Step Vans from Purolator
Workhorse Group announced a purchase order for 100 fully-electric step vans from Purolator. This new order will double the number of Workhorse electric step vans in Purolator's fleet, building upon its prior purchases from Motiv Electric Trucks, which merged with Workhorse in late 2025. Workhorse will deliver the step vans to Purolator throughout 2026.
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