WKHS News & Events

Reports Q4 revenue $9.7M vs. $6.0M last year. The company states: "Today marks a milestone for Workhorse as we report our first set of results as a combined company. Since closing the Motiv merger in December, we have made meaningful progress on all three commitments we made: completing the integration, expanding our product portfolio, and strengthening our financial position," said Scott Griffith, Chief Executive Officer. "Our teams are working together on a new Cycle Plan and product roadmap that charts a clear path for the commonization of our technology platform, along with the development of a proprietary Class 5/6 cab chassis that we believe will unlock a larger slice of the full $23B Class 4 through 6 commercial truck marketplace. The completion of the Motiv merger significantly simplified our capital structure and provided a foundation for the next phase of our growth. We are focused on converting our pipeline into revenue, managing our cost structure as we integrate, and positioning the combined company for sustainable growth. We also continue to evaluate financing alternatives to strengthen our balance sheet and support our growth plan. We believe we have a clear and achievable path to profitability, and we are executing against it."

Workhorse Group announced a purchase order for 100 fully-electric step vans from Purolator. This new order will double the number of Workhorse electric step vans in Purolator's fleet, building upon its prior purchases from Motiv Electric Trucks, which merged with Workhorse in late 2025. Workhorse will deliver the step vans to Purolator throughout 2026.

Workhorse Group announced the availability of a new W56 Step Van model with a 140 kWh battery. The new model is based on the same platform as the 210 kWh Workhorse W56 step van. W56 step vans with the Standard Wheelbase and 140 kWh configuration offer an estimated nominal range of 100 miles per charge at full payload. Pricing begins at $169,000 which includes a fully-integrated, purpose-built composite body. The company said because Workhorse produces the W56 fully on site, it has greater control of the process which can result in lower costs and more predictable delivery timelines.

Workhorse Group announces that its 1,100+ electric vehicles deployed to customers have surpassed a combined 20 million miles of in-service travel. "Twenty million miles is a significant threshold which reflects not only the quality and performance of our vehicles, but the trust that our many repeat customers have placed in Workhorse. This achievement reinforces the view that medium-duty is the sweet spot for electrification," said Scott Griffith, CEO of Workhorse. "Every day our vehicles safely and reliably transport the goods, packages and people that are the lifeblood of our economy, all with zero tailpipe emissions and pollution, helping to make life better for everyone along the route."