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Workhorse Group Stock Price, News & Analysis

WKHS Nasdaq

Welcome to our dedicated page for Workhorse Group news (Ticker: WKHS), a resource for investors and traders seeking the latest updates and insights on Workhorse Group stock.

Workhorse Group Inc. (Nasdaq: WKHS) regularly issues news and updates related to its zero-emission commercial vehicle business and corporate developments. Company communications describe Workhorse as a technology-focused manufacturer of electric trucks and platforms for last-mile delivery, medium-duty operations, and specialized commercial applications. This news feed aggregates those announcements so investors and observers can review the company’s own disclosures in one place.

Recent Workhorse news has highlighted its merger with Motiv Power Systems, Inc., described in company materials as Motiv Electric Trucks. A December 15, 2025 release announced that the merger was completed and that the combined company will move forward as Workhorse, a North American manufacturer of medium-duty electric trucks and buses. Related news items cover shareholder approvals for the merger, proxy solicitations, and the company’s efforts to secure the necessary votes at its 2025 annual meeting.

In addition to transaction updates, Workhorse news often covers product and operational milestones. Examples include announcements about the W56 platform, such as the integration of an industry-standard aluminum walk-in body for fleets seeking electric step vans with a traditional form factor. Other releases discuss sales activity, vehicle deployments in customer fleets, and the use of Workhorse’s Stables project as a real-world test bed for its trucks.

Workhorse also uses news releases to communicate financial results, conference call schedules, and information about financing arrangements, including credit facilities and sale-leaseback transactions tied to its Union City, Indiana manufacturing facility. By following WKHS news, readers can see how the company presents its progress on electrification, fleet relationships, capital structure, and governance decisions over time.

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Workhorse (NASDAQ: WKHS) reported Q4 2025 revenue of $9.7M (up 64% YoY) and full year revenue of $21.2M (up 201% YoY). The combined pro forma 2025 revenue was $34.0M. The company delivered 65 vehicles in Q4 and 112 vehicles for 2025, and its deployed fleet surpassed 20 million real-world miles across >1,100 vehicles.

Workhorse completed its December 2025 merger with Motiv, is targeting $20M annualized cost synergies, launched a 140 kWh W56 configuration, and has a $40M customer order lending facility. Q4 results included a $5.7M gross loss, $20.1M operating loss, and $23.7M net loss.

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Workhorse (NASDAQ: WKHS) announced a purchase order for 100 fully-electric step vans from Purolator, which will double Purolator’s Workhorse step-van fleet. Deliveries are scheduled throughout 2026. Workhorse noted it has delivered >1,100 vehicles and its Union City, Indiana plant can produce 5,000+ vehicles per year.

The order follows Motiv Electric Trucks’ merger with Workhorse in late 2025 and continues a multi-year fleet partnership with Purolator.

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Workhorse (NASDAQ: WKHS) introduced a new W56 step van with a 140 kWh battery, offering an estimated 100-mile range and pricing starting at $169,000 including an integrated composite body. The model is offered in Standard (178") and Expanded (208") wheelbases with up to 1,000 cu ft cargo and payloads of 11,000 lbs (Standard) and 10,000 lbs (Expanded).

Production occurs at Workhorse’s Union City, IN facility (capacity 5,000+ vehicles/year). The launch cites cost/time benefits from the December 2025 merger with Motiv and targets in-city last-mile fleets seeking lower-entry electric options.

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Workhorse Group (NASDAQ: WKHS) will release fourth quarter and fiscal year 2025 results and host a conference call on Tuesday, March 31, 2026 at 4:30 p.m. ET. The company will issue the earnings press release before the call and host a webcast via its investor relations site.

A telephonic replay will be available after 7:00 p.m. ET through April 7, 2026 (Replay ID: 13759563).

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Workhorse (NASDAQ: WKHS) announced its fleet of more than 1,100 electric trucks, buses and shuttles has surpassed 20 million miles of in-service travel as of March 10, 2026. The vehicles have avoided roughly 2.3 million gallons of petroleum and 45 million pounds of CO2.

The company cites real-world operating data from customer deployments and its Stables subsidiary to inform engineering of a modular Gen 7 platform, aiming to lower unit costs and extend total cost of ownership advantages versus internal-combustion trucks.

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Workhorse (Nasdaq: WKHS) and Motiv Electric Trucks completed their merger on Dec 15, 2025, combining to form a leading North American medium‑duty electric truck and bus OEM that will trade as WKHS.

The combined company has access to up to $50 million in new debt financing (≈$10M revolver; up to $40M for supply‑chain costs), a manufacturing nameplate capacity of 5,200 vehicles/year at Union City, Indiana, and a sales track record serving 10 of the largest commercial fleets in North America. Leadership and board were refreshed, with Scott Griffith as CEO and Matthew O’Leary as Chairman; HQ will be in the Wixom, Michigan area.

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Workhorse (Nasdaq: WKHS) announced that shareholders approved its merger with Motiv Electric Trucks at the Annual Meeting held on Nov 25, 2025. The companies said the transaction is expected to close in the coming weeks, subject to customary closing conditions, including the entrance by Motiv’s largest investor into a new debt financing facility and receipt of Nasdaq approval. The company noted certified voting results are available in a Form 8-K filed with the U.S. Securities and Exchange Commission.

This approval moves the deal toward completion and, according to management, aims to create a larger player in the medium-duty electric commercial vehicle market and pursue upside for shareholders.

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Workhorse (Nasdaq: WKHS) urged shareholders to vote FOR its pending transaction with Motiv ahead of the November 25, 2025 Annual Meeting.

Shareholders of record as of September 18, 2025 are eligible to vote. The deadline to vote in advance is 11:59 PM ET on November 24, 2025. Methods to vote include online at proxyvote.com, attending the virtual meeting, voting at virtualshareholdermeeting.com/WKHS2025, returning a signed proxy card, or following broker instructions. The company says quorum is needed to close the Motiv transaction and warns that failure to approve could leave Workhorse to pursue a standalone path, including a potential restructuring.

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Workhorse (Nasdaq: WKHS) reminded shareholders of the extended deadline to vote FOR the Motiv transaction and all annual meeting proposals before the adjourned 2025 Annual Meeting on November 25, 2025. Shareholders of record as of September 18, 2025 may vote. The company says votes received to date on nine proposals are "strongly in favor" but it needs additional votes to reach quorum. Workhorse warns that if shareholders do not vote FOR all proposals the merger will not close and the company may pursue a standalone path, potentially involving restructuring that could leave current investments with little or no value. Voting options include online proxyvote.com, virtual meeting voting, returning a proxy card, or following broker instructions.

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Workhorse (Nasdaq: WKHS) adjourned its 2025 Annual Meeting of Shareholders to November 25, 2025 at 10:00 a.m. ET and extended the voting period to allow shareholders more time to vote on nine proposals, including the proposed merger with Motiv.

The company said votes received so far are strongly in favor but quorum has not been reached. Workhorse urged holders of record as of September 18, 2025 to vote by proxy, online, or by phone and noted that proxy advisors Institutional Shareholder Services and Glass Lewis recommended voting FOR the merger.

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FAQ

What is the current stock price of Workhorse Group (WKHS)?

The current stock price of Workhorse Group (WKHS) is $2.65 as of April 3, 2026.

What is the market cap of Workhorse Group (WKHS)?

The market cap of Workhorse Group (WKHS) is approximately 23.3M.

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23.32M
2.17M
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