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Workhorse Group, Inc
As of May 30, 2026 at 24:05 UTC
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About Workhorse Group, Inc
Workhorse Group Inc is a technology company with a vision to pioneer the transition to zero-emission commercial vehicles. Its focus is to provide sustainable and cost-effective solutions to the commercial transportation sector. It designs and manufactures all-electric vehicles, including the technology that optimizes the way these vehicles operate. It's focused on a core competency of bringing electric delivery vehicle platforms to serve the last-mile delivery market. Its products are marketed under the Workhorse brand.
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Latest News
5 articlesWorkhorse Group shares rose 5.42% on Monday following a purchase order from Purolator for 100 electric step vans, which will double Purolator's Workhorse fleet. The company also recently unveiled a budget-friendly 140 kWh W56 electric van priced at $169,000. Despite positive news, the stock remains significantly below its moving averages and has declined 86.78% over the past 12 months.
Workhorse Group shareholders voted to approve a merger with Motiv Electric Trucks, aiming to create a leader in medium-duty electric vehicle market. The transaction is expected to close in the coming weeks, pending regulatory approvals and financing arrangements.
Workhorse Group is recommending shareholders vote in favor of its transaction with Motiv Electric Trucks, supported by independent proxy advisory firms ISS and Glass Lewis who recognize the strategic value and potential benefits of the merger.
