Workhorse to Participate in Zero-Emissions Showcase + Ride & Drive Presented by CARB and CALSTART

Rhea-AI Summary

Workhorse Group Inc. (Nasdaq: WKHS) announced its participation in the Zero-Emissions Showcase + Ride & Drive event on August 14, 2024, in Oakland, California. The event, hosted by CARB and CALSTART, will showcase Workhorse's W56 step van and W4 CC cab chassis, both battery-electric medium-duty vehicles.

Attendees can experience these vehicles, which qualify for HVIP and ISEF incentives in California. The event will also feature information on zero-emission vehicle and infrastructure incentive programs from various organizations. Workhorse aims to assist fleet operators in complying with Advanced Clean Fleets 2024 requirements and support their transition to electric vehicles.

CINCINNATI, July 24, 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 its participation in the upcoming Zero-Emissions Showcase + Ride & Drive, hosted by the California Air Resources Board (CARB) and CALSTART. The event will take place on August 14, 2024, from 9:00 AM to 4:00 PM at the Oakland Arena in Oakland, California. Registration for the event is free.

Attendees will have the chance to experience Workhorse’s battery-electric medium-duty W56 step van and W4 CC cab chassis. Both models are designed to deliver unmatched performance, reliability, and efficiency for fleet managers and operators. The W56 and W4 CC qualify for incentives offered by California’s Hybrid and Zero-emission Truck and Bus Voucher Incentive Project (HVIP) and Innovative Small e-Fleet (ISEF) programs.

“Join us in Oakland to see and drive zero-emission trucks, buses, and off-road equipment. The Oakland Coliseum is conveniently located near the Port of Oakland, where battery-electric and fuel-cell electric trucks are already moving cargo containers daily. This event is a fantastic opportunity to witness these technologies in action and understand their impact on our environment,” said Tor Larson, Vice President, Trucks, Off-Road, and Marketing, CALSTART.

In addition to vehicle demonstrations, representatives from HVIP, EnergIIZE, CARB, and the California Energy Commission will provide valuable information on incentive programs for zero-emission vehicles and infrastructure. These programs play a crucial role in making the transition to cleaner transportation more accessible and affordable for fleet operators.

“We look forward to engaging with work truck owners in California at the Zero-Emissions Showcase + Ride & Drive,” said Kelly Kiger, Workhorse VP of Sales. “This event provides a valuable platform to present our dependable, work-ready electric trucks. Our knowledgeable team is dedicated to helping fleet operators comply with the Advanced Clean Fleets 2024 requirements, offering the necessary guidance and support throughout their transition to electric vehicles.”

About CALSTART
CALSTART is a nonprofit organization with offices across the United States, in Europe, and with partners worldwide. CALSTART works with more than 300 member companies to build a prosperous, efficient, and clean high-tech transportation industry. The organization is dedicated to overcoming barriers to modernization and the adoption of clean vehicles, ultimately changing transportation for good.

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

This press release contains 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 document, the words “anticipate,” “expect,” “plan,” “believe,” “seek,” “estimate,” “will,” and “continue” and similar expressions are intended to identify forward-looking statements. These statements involve substantial risks and uncertainties. For a further description of the risks and uncertainties relating to the business of the Company in general, see the Company’s filings with the Securities and Exchange Commission, including the Company’s Annual Report on Form 10-K for the year ended December 31, 2023. Forward-looking statements 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:
Matt Glover and Tom Colton
Gateway Group
949-574-3860
WKHS@gateway-grp.com

FAQ

When and where is Workhorse participating in the Zero-Emissions Showcase event?

Workhorse (WKHS) is participating in the Zero-Emissions Showcase + Ride & Drive event on August 14, 2024, from 9:00 AM to 4:00 PM at the Oakland Arena in Oakland, California.

Which Workhorse vehicles will be showcased at the event?

Workhorse (WKHS) will showcase its battery-electric medium-duty W56 step van and W4 CC cab chassis at the event.

Are Workhorse vehicles eligible for California incentive programs?

Yes, Workhorse (WKHS) vehicles qualify for incentives offered by California's Hybrid and Zero-emission Truck and Bus Voucher Incentive Project (HVIP) and Innovative Small e-Fleet (ISEF) programs.

What is the purpose of Workhorse's participation in this event?

Workhorse (WKHS) aims to engage with work truck owners, present their electric trucks, and help fleet operators comply with Advanced Clean Fleets 2024 requirements while supporting their transition to electric vehicles.