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Workhorse Group and The Truck Shop Secure First Pacific Northwest Sale with Municipal Order for Electric Work Trucks

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Workhorse Group (WKHS) has secured its first Pacific Northwest sale with a municipal order for two W4 CC electric work trucks in Washington state. The vehicles, equipped with 16-foot Summit™ dry van bodies, will be used for trash and recycling can switch-outs, supporting the municipality's waste management services and environmental goals.

The sale was facilitated through The Truck Shop, a certified dealer in Washington and Oregon, and procured via Sourcewell, a cooperative purchasing organization. As a Sourcewell contract supplier since 2024, Workhorse enables public sector organizations to efficiently source medium-duty electric work trucks.

The W4 CC is a 100% electric Class 4 cab chassis designed for various upfit applications, featuring zero tailpipe emissions and versatile body configurations for municipal, vocational, and commercial fleet operations. The Sourcewell contract extends until July 9, 2028, with one-year renewal options.

Workhorse Group (WKHS) ha ottenuto la sua prima vendita nel Pacific Northwest con un ordine municipale per due camion elettrici W4 CC nello stato di Washington. I veicoli, dotati di casse dry van Summit™ da 16 piedi, saranno utilizzati per la sostituzione di contenitori per rifiuti e riciclaggio, sostenendo i servizi di gestione dei rifiuti e gli obiettivi ambientali del comune.

La vendita è stata facilitata tramite The Truck Shop, un rivenditore certificato in Washington e Oregon, ed è stata acquisita tramite Sourcewell, un'organizzazione di acquisto cooperativo. Come fornitore del contratto Sourcewell dal 2024, Workhorse consente alle organizzazioni del settore pubblico di ottenere in modo efficiente camion elettrici di medio peso.

Il W4 CC è un telaio cabina Classe 4 completamente elettrico progettato per varie applicazioni di allestimento, caratterizzato da zero emissioni allo scarico e configurazioni di carrozzeria versatili per operazioni municipali, professionali e commerciali. Il contratto Sourcewell si estende fino al 9 luglio 2028, con opzioni di rinnovo annuali.

Workhorse Group (WKHS) ha asegurado su primera venta en el Pacífico Noroeste con un pedido municipal de dos camiones eléctricos W4 CC en el estado de Washington. Los vehículos, equipados con cajas dry van Summit™ de 16 pies, se utilizarán para el intercambio de contenedores de basura y reciclaje, apoyando los servicios de gestión de residuos y los objetivos ambientales del municipio.

La venta fue facilitada a través de The Truck Shop, un concesionario certificado en Washington y Oregón, y adquirida a través de Sourcewell, una organización de compras cooperativas. Como proveedor de contratos de Sourcewell desde 2024, Workhorse permite a las organizaciones del sector público obtener de manera eficiente camiones eléctricos de trabajo de mediana capacidad.

El W4 CC es un chasis cabina Clase 4 completamente eléctrico diseñado para diversas aplicaciones de adaptación, con cero emisiones de escape y configuraciones de carrocería versátiles para operaciones municipales, vocacionales y de flota comercial. El contrato de Sourcewell se extiende hasta el 9 de julio de 2028, con opciones de renovación anual.

워크호스 그룹 (WKHS)는 워싱턴 주에서 두 대의 W4 CC 전기 작업 트럭에 대한 지방 정부 주문으로 태평양 북서부에서 첫 판매를 확보했습니다. 16피트 Summit™ 드라이 반 차체로 장착된 이 차량들은 쓰레기 및 재활용 통 교체에 사용되며, 지방 자치단체의 폐기물 관리 서비스 및 환경 목표를 지원합니다.

이번 판매는 워싱턴과 오리건의 인증된 대리점인 The Truck Shop을 통해 이루어졌으며, 협동 구매 조직인 Sourcewell을 통해 조달되었습니다. 2024년부터 Sourcewell 계약 공급업체로 활동하는 워크호스는 공공 부문 조직이 중형 전기 작업 트럭을 효율적으로 조달할 수 있도록 지원합니다.

W4 CC는 다양한 장착 응용 프로그램을 위해 설계된 100% 전기 Class 4 캡 섀시로, 배기 가스가 없고 지방 자치체, 직업 및 상업적 플릿 운영을 위한 다양한 차체 구성 옵션을 제공합니다. Sourcewell 계약은 2028년 7월 9일까지 유효하며, 1년 갱신 옵션이 있습니다.

Workhorse Group (WKHS) a sécurisé sa première vente dans le Pacifique Nord-Ouest avec une commande municipale de deux camions de travail électriques W4 CC dans l'État de Washington. Les véhicules, équipés de carrosseries dry van Summit™ de 16 pieds, seront utilisés pour le remplacement des bacs à ordures et de recyclage, soutenant les services de gestion des déchets et les objectifs environnementaux de la municipalité.

La vente a été facilitée par The Truck Shop, un concessionnaire certifié dans l'État de Washington et en Oregon, et a été obtenue par le biais de Sourcewell, une organisation d'achat coopératif. En tant que fournisseur de contrats Sourcewell depuis 2024, Workhorse permet aux organisations du secteur public de se procurer efficacement des camions de travail électriques de poids moyen.

Le W4 CC est un châssis cabine de classe 4 entièrement électrique conçu pour diverses applications de montage, avec zéro émission de gaz d'échappement et des configurations de carrosserie polyvalentes pour les opérations municipales, professionnelles et commerciales. Le contrat Sourcewell s'étend jusqu'au 9 juillet 2028, avec des options de renouvellement annuelles.

Workhorse Group (WKHS) hat seinen ersten Verkauf im pazifischen Nordwesten mit einer kommunalen Bestellung von zwei W4 CC-Elektro-Arbeitstrucks im Bundesstaat Washington gesichert. Die Fahrzeuge, ausgestattet mit 16 Fuß langen Summit™-Fahrgestellen, werden für den Austausch von Müll- und Recyclingbehältern verwendet und unterstützen die Abfallwirtschaftsdienste sowie die Umweltziele der Gemeinde.

Der Verkauf wurde über The Truck Shop, einen zertifizierten Händler in Washington und Oregon, abgewickelt und über Sourcewell, eine Genossenschaft für Einkaufsorganisationen, beschafft. Seit 2024 als Sourcewell-Vertragspartner ermöglicht Workhorse öffentlichen Organisationen, mittelgroße Elektro-Arbeitstrucks effizient zu beschaffen.

Der W4 CC ist ein 100% elektrisches Fahrgestell der Klasse 4, das für verschiedene Aufbauten konzipiert wurde und über null Abgasemissionen sowie vielseitige Karosserievarianten für kommunale, berufliche und kommerzielle Flottenoperationen verfügt. Der Sourcewell-Vertrag läuft bis zum 9. Juli 2028 und enthält Optionen zur jährlichen Verlängerung.

Positive
  • First entry into Pacific Northwest market
  • Secured municipal contract through Sourcewell partnership
  • Expanding dealer network with The Truck Shop in Washington and Oregon
Negative
  • order size of only two vehicles

Insights

This municipal order, while modest in size, carries strategic significance for Workhorse's commercialization efforts. The company's entry into the Pacific Northwest market through a Sourcewell contract extending to July 2028 provides a streamlined pathway for securing additional government fleet orders. The contract's long duration offers a stable framework for pursuing municipal sales, though the impact on immediate revenues will be given the two-vehicle scope.

The selection of the W4 CC platform for waste management operations showcases the vehicle's versatility in municipal applications. However, this must be viewed in the context of Workhorse's current $20.5M market capitalization, which underscores the critical importance of scaling beyond small-volume orders. The Pacific Northwest region, with its aggressive environmental policies and substantial municipal fleet electrification initiatives, represents a promising market for expansion, but Workhorse faces intense competition from both established OEMs and other EV startups.

The partnership with The Truck Shop, maintaining locations in Washington and Oregon, provides valuable distribution infrastructure. However, the key challenge lies in converting this initial deployment into larger fleet orders. The Sourcewell purchasing agreement reduces procurement friction, but Workhorse must demonstrate operational reliability and cost-effectiveness to secure meaningful market share in the municipal sector.

The municipality will deploy two W4 CC electric work trucks for trash and recycling can switch-outs, enhancing the efficiency of its waste management services.

This sale marks Workhorse's entry into the Pacific Northwest, a key region for fleet electrification, facilitated through Sourcewell and The Truck Shop.

CINCINNATI, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company pioneering the transition to zero-emission commercial vehicles, has received a purchase order for two W4 CC electric work trucks equipped with 16-foot Summit dry van bodies. The sale and delivery are facilitated by The Truck Shop, a Workhorse certified dealer with locations in Washington and Oregon.

The customer, a municipality in Washington, will deploy the W4 CC trucks for trash and recycling can switch-outs as part of its fleet operations. By integrating Workhorse electric trucks into its fleet, the city aims to enhance the efficiency of its waste management services while making progress toward zero-emission goals. The W4 CC trucks will contribute to the municipality's sustainable operations by eliminating tailpipe emissions, lowering noise pollution, and decreasing reliance on fossil fuels, aligning with the city's broader environmental objectives. 

The purchase was procured through Sourcewell, a cooperative purchasing organization that streamlines the procurement process for government, education, and non-profit agencies. As an awarded contract supplier since 2024, Workhorse enables public sector organizations to efficiently source medium-duty electric work trucks, simplifying the transition to sustainable fleet operations. This milestone marks Workhorse’s first sale in the Pacific Northwest, a key region for fleet electrification.

“Breaking into the Pacific Northwest with this municipal sale is a big win for us,” said Kelly Kiger, Vice President of Sales. “By teaming up with trusted dealers like The Truck Shop and leveraging our Sourcewell contract, we're making it straightforward for government and municipal fleets to switch to zero-emission vehicles. It's all about providing reliable, sustainable solutions that make a real difference in our communities.”

The Workhorse W4 CC is a 100% electric Class 4 cab chassis designed for a variety of upfit applications, offering a quiet, zero-tailpipe-emission solution for urban fleet operations. With a robust battery system and versatile body configurations, the W4 CC is built to support the evolving needs of municipal, vocational, and commercial fleets.

For more information about Workhorse and its electric commercial vehicle lineup, visit workhorse.com

Sourcewell Information:
Contract Number: #032824-WKH
Maturity Date: July 9, 2028
Contract Renewal: One-year extensions
Learn more about Sourcewell and its contract with Workhorse at sourcewell-mn.gov.

About Workhorse Group Inc.
Workhorse is a technology company focused on providing ground-based electric vehicles to the last-mile delivery sector. As an American original equipment manufacturer, we design and build high performance, battery-electric trucks. Workhorse also develops cloud-based, real-time telematics performance monitoring systems that are fully integrated with our vehicles and enable fleet operators to optimize energy and route efficiency. All Workhorse vehicles are designed to make the movement of people and goods more efficient and less harmful to the environment. For additional information visit workhorse.com.

Forward-Looking Statements
The discussions in this press release contain forward-looking statements reflecting our current expectations that involve risks and uncertainties. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. When used in this press release, the words “anticipate,” “expect,” “plan,” “believe,” “seek,” “estimate,” and similar expressions are intended to identify forward-looking statements and relate to future periods. These are statements that involve substantial risks and uncertainties, including our ability to timely deliver the W4 CC cab chassis applicable to the purchase order and conditions to delivery and acceptance thereof. Forward-looking statements are statements that are not historical facts and speak only as of the date hereof. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations with regard thereto or any change in events, conditions, or circumstances on which any such statement is based, except as required by law.

Media Contact:
Aaron Palash / Greg Klassen
Joele Frank, Wilkinson Brimmer Katcher
212-355-4449

Investor Relations Contact:
Tom Colton and Greg Bradbury
Gateway Group
949-574-3860
WKHS@gateway-grp.com


FAQ

What is the size of Workhorse's (WKHS) latest municipal order in Washington?

The municipality in Washington ordered two W4 CC electric work trucks equipped with 16-foot Summit™ dry van bodies.

How long is Workhorse's (WKHS) Sourcewell contract valid?

The Sourcewell contract (#032824-WKH) extends until July 9, 2028, with options for one-year extensions.

What will the Washington municipality use WKHS electric trucks for?

The W4 CC trucks will be used for trash and recycling can switch-outs as part of the municipality's fleet operations.

Who is facilitating Workhorse's (WKHS) sales in the Pacific Northwest?

The Truck Shop, a Workhorse certified dealer with locations in Washington and Oregon, is facilitating sales in the Pacific Northwest.

What are the environmental benefits of WKHS W4 CC trucks for municipalities?

The W4 CC trucks eliminate tailpipe emissions, lower noise pollution, and decrease reliance on fossil fuels, supporting municipal environmental objectives.

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