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.
Workhorse Group (WKHS) has successfully completed a 2,400-mile cross-country drive with its W56 electric step van from Cincinnati to Anaheim for the ACT Expo. The journey demonstrated the vehicle's real-world capabilities across nine states and multiple charging networks.
The W56 achieved impressive performance metrics, including 27 miles per gallon gasoline-equivalent (MPGe) at highway speeds—nearly triple the efficiency of comparable internal combustion engine (ICE) step vans. The vehicle delivered 53% lower fuel costs compared to ICE alternatives and projects 40% lower scheduled maintenance costs over five years.
The Class 5 & 6 step van offers up to 150-miles of real-world range and cargo capacities of 1,000 or 1,200 cubic feet. The demonstration is part of Workhorse's 'We Drove It Here' campaign, which began in October 2024. Both the W56 and W750 models are now approved for sale in Canada.
Workhorse Group (WKHS) has successfully regained compliance with Nasdaq's minimum bid price requirement of $1.00 per share, following a notification of non-compliance received on October 2, 2024. The company, which focuses on zero-emission commercial vehicles, implemented a 1-for-12.5 reverse stock split on March 17, 2025, to increase its market price.
The compliance was achieved by maintaining a closing bid price of at least $1.00 per share for ten consecutive trading days, as confirmed by Nasdaq. This development ensures Workhorse's continued listing on the Nasdaq stock exchange under Listing Rule 5550(a)(2).
Workhorse Group (WKHS) reported full year 2024 financial results, showing net sales of $6.6 million, down from $13.1 million in 2023. The company posted a net loss of $101.8 million, improved from $123.9 million loss in 2023.
Key developments include Transport Canada's approval of W4 CC and W56 models, launch of W56 208-inch wheelbase truck with 20% increased cargo capacity, and securing orders including 13 W56 trucks from a national uniform provider. The company expanded its dealer network and reduced operating costs across operations.
Financial position shows total working capital of $8.2 million, including $4.6 million in cash. In February 2025, Workhorse issued a $35 million convertible note and implemented a 1-for-12.5 reverse stock split to regain Nasdaq compliance.
Workhorse Group (Nasdaq: WKHS) has announced the integration of Geotab's advanced telematics technology into its W56 step van. This integration enables fleet managers to access comprehensive vehicle data through the MyGeotab™ platform via a unified dashboard.
The plug-and-play solution aims to help fleets reduce costs, maximize uptime, and increase efficiency. The W56, designed as a zero-emission vehicle for last-mile delivery, combines substantial cargo capacity and range with Geotab's analytics capabilities.
The partnership leverages Geotab's extensive network of over 4 million connected vehicles globally, including significant medium-duty fleet presence in the U.S. The integration provides tools for tracking and optimizing vehicles, streamlining charging schedules, and optimizing battery usage for enhanced operational efficiency.
Workhorse Group Inc. (Nasdaq: WKHS) has announced the commencement of deliveries for its new 208-inch extended wheelbase W56 step vans. The order, secured in 2024, comprises 13 vehicles to be delivered to a national provider of uniforms and workplace supplies in 2025.
The delivery will be facilitated through partnerships with Revolv, a fleet electrification solutions provider, and Kingsburg Truck Center, a certified Workhorse dealer responsible for custom upfitting. The extended wheelbase W56 features 1,200 cubic feet of cargo space, up to 150 miles of range on a single charge, and approximately 10,000 pounds of payload capacity.
Workhorse Group (Nasdaq: WKHS), a technology company focused on zero-emission commercial vehicles, has scheduled its Fourth Quarter and Full Year 2024 earnings conference call for Monday, March 31, 2025, at 10:00 a.m. ET.
The company will release its financial results via press release before the call. The event will include a management presentation followed by a Q&A session. Investors can access the call through U.S. dial-in (877-407-8289) or International dial-in (201-689-8341).
A replay will be available until April 7, 2025, through toll-free (877-660-6853) and international (201-612-7415) numbers using Replay ID: 13752385. The call will also be broadcast live and available for replay through the company's Investor Relations website.
Workhorse Group (WKHS) has announced a 1-for-12.5 reverse stock split of its authorized and outstanding common shares, effective March 17, 2025. The move aims to boost the stock price to regain compliance with Nasdaq's minimum bid price requirement of $1.00 per share, which must be maintained for at least 10 consecutive trading days before March 31, 2025.
The stock will continue trading under the symbol 'WKHS' on Nasdaq. Every 12.5 shares will automatically combine into one share, with fractional shares being rounded up to the nearest whole share. The split will not alter stockholders' percentage ownership except for minor adjustments from fractional share treatment.
Empire Stock Transfer Inc. will serve as the exchange agent, sending transaction statements to stockholders post-split. Shareholders holding shares through brokers will have their positions automatically adjusted.
Workhorse Group (Nasdaq: WKHS) announced that Kingsburg Truck Center has secured a contract from California's Department of General Services (DGS) to provide Workhorse electric trucks to state agencies. The contract enables streamlined procurement of W4 CC and W56 electric commercial vehicles, supporting compliance with Advanced Clean Fleet (ACF) requirements.
The W4 CC is a Class 4 cab chassis adaptable for various vocational needs, while the W56 Class 5/6 step van features a 10,000-pound payload and 210 kWh battery capacity. Despite CARB's withdrawal of federal waiver requests for ACF regulation enforcement, state and local government agencies must still transition to zero-emission vehicles.
The initiative aims to address the San Joaquin Valley's significant air quality challenges, where heavy truck traffic contributes substantially to pollution levels that fail to meet federal health standards for ozone and particulate pollution.
Workhorse Group (Nasdaq: WKHS) has received approval for the importation and sale of its W56 and W750 electric step vans in Canada through the Appendix G Pre-clearance Program. Transport Canada has validated the vehicles' compliance with Canadian Motor Vehicle Safety Standards (CMVSS).
The approval enables Canadian import dealers to distribute these zero-emission commercial vehicles nationwide. The company plans to begin on-road testing with a last-mile delivery fleet in Canada by Q2 2025. This expansion marks a significant milestone for Workhorse's distribution and service network in the Canadian market, where there is strong interest from fleets seeking to transition to zero-emission vehicles.
Workhorse Group (Nasdaq: WKHS) announced that NorthStar Courier, a FedEx Ground Contract Service Provider, will be the first customer to operate the new W56 208" extended wheelbase EV step van, complementing their existing W56 178" wheelbase truck. The vehicle, offering nearly 1,200 cubic feet of cargo capacity, will be delivered through Ziegler Truck Group.
NorthStar Courier's expansion follows successful operation of their initial W56 during the 2024 holiday season, where the vehicle covered nearly a thousand miles in sub-freezing temperatures. The purchase is supported by Minnesota state grants from the Minnesota Pollution Control Agency (MPCA), aimed at replacing older fossil fuel vehicles with electric models.
The all-electric W56, manufactured at the Workhorse Ranch in Union City, Indiana, is designed for last-mile delivery with pre-configured upfit options for parcel delivery. The vehicle will be featured at Work Truck Week® 2025 in Indianapolis, March 4-7.