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Workhorse receives purchase order for 500 C-1000 electric delivery trucks from Pritchard Companies

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Workhorse Group Inc. Inventory financing will be provided by Hitachi Capital America as part of Workhorse’s previously announced strategic partnership with HCA. The Workhorse C-1000 all-electric truck offers a lightweight design, creating maximum range from modular battery packs. —Workhorse CEO Duane Hughes.

Purchase 418
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Workhorse Group submits formal application to FAA for type certification of HorseFly delivery drone

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Workhorse Group Inc., Workhorse Aerospace has flown hundreds of live package deliveries in multiple states. —Workhorse CEO Duane Hughes. A type certificate signifies the airworthiness of a particular category of aircraft according to its manufacturing design.

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Workhorse enters into strategic agreements with Hitachi and Hitachi Capital America

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Workhorse Group Inc., This alliance with Hitachi comes at an ideal time for Workhorse as we value their best in class innovation and experience in ramping up production and enabling us in providing a complete solution to our customers. —Workhorse CEO Duane Hughes. and Hitachi Capital America Corp.

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Workhorse receives purchase order from Pride Group Enterprises for 6,320 C-Series electric delivery vehicles

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Workhorse Group has received a purchase order for 6,320 C-Series all-electric delivery vehicles from Pride Group Enterprises, a company with businesses in transportation equipment retail, wholesale, rental, leasing and logistics. The delivered vehicles will be distributed through Pride dealerships for fleet use.

Purchase 243
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Workhorse secures $200M in financing from institutional lenders

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Workhorse Group Inc., In addition, Workhorse has entered into an exchange agreement with the holder of its existing 4.5% —Workhorse CEO Duane Hughes. Senior Secured Convertible Notes due 2024 to two institutional lenders. The proceeds of the offering before expenses are expected to be approximately $194.5

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Workhorse partners with Prefix to refine Workhorse’s electric delivery vehicle

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Workhorse Group has formed a strategic partnership with 40-year automotive industry veteran Prefix Corporation for the final design, development and production of the Workhorse NGEN series all-electric delivery van. This partnership signals a key step in moving forward following Workhorse’s change of leadership in February 2019.

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Workhorse Group expands the HorseFly last mile delivery patent portfolio; multi-use unmanned aerial system (UAS)

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Workhorse Group Inc., Workhorse currently holds a patent for operating parcel-delivery aircraft from the top of delivery vehicles. —Workhorse CEO Duane Hughes. Additionally, we are hearing from many businesses that this transition is not a temporary one, and that we need to adapt to a new normal.

Miles 243