Workhorse Group, Inc. WKHS

Company Overview

Workhorse Group, Inc. is a U.S.-based electric vehicle technology company focused on the commercial transportation sector, particularly last-mile delivery and medium-duty fleet vehicles. The company develops and manufactures battery-electric trucks, delivery vans, and related fleet technologies for commercial customers, government entities, and logistics operators. Workhorse operates within the broader electric commercial vehicle, automotive technology, and sustainable transportation industries. Its principal revenue drivers have historically included sales of electric delivery vehicles, technology development contracts, and related service and support activities, although revenue levels have fluctuated significantly as the company has transitioned product platforms and scaled manufacturing operations.

The company traces its origins to AMP Electric Vehicles, founded in 2007, before evolving into Workhorse Group and later becoming publicly traded. Workhorse gained attention through its focus on electrifying delivery fleets and through its prior involvement in the U.S. Postal Service next-generation delivery vehicle bidding process. The company’s strategic positioning centers on purpose-built commercial EV platforms designed for fleet efficiency, lower operating costs, and regulatory alignment with zero-emission transportation initiatives. Public disclosures in SEC filings and investor materials indicate that Workhorse has increasingly emphasized operational restructuring, vehicle platform redesign, and production optimization following earlier manufacturing and financial challenges.