Core Points - Workhorse Group Inc. has received approval for its W56 and W750 all-electric step vans for importation and sale in Canada through the Appendix G Pre-clearance Program [2][3] - Transport Canada has validated the compliance of Workhorse's vehicles with Canadian Motor Vehicle Safety Standards (CMVSS) [2][3] - The approval allows Workhorse to expand its distribution and service network in Canada, aligning with the country's commitment to net-zero emissions and clean transportation solutions [3][4] Company Developments - Workhorse is preparing for on-road testing of demo trucks with Canadian last-mile delivery fleets, set to begin no later than the second quarter of 2025 [3][4] - The company has seen strong interest from Canadian fleets looking to incorporate medium-duty commercial electric vehicles into their operations [4] - Workhorse is actively exploring opportunities to expand its dealer network in Canada to better serve customers [4] Industry Context - The demand for sustainable transportation solutions is highlighted by the interest from Canadian last-mile delivery fleets [3] - Workhorse's electric step vans are positioned to support businesses transitioning to zero-emission fleets, in line with Canada's environmental goals [3]

Core Viewpoint - Workhorse Group Inc. has announced that NorthStar Courier will be the first customer to operate the new W56 208" extended wheelbase electric vehicle (EV) step van, enhancing its zero-emission delivery capabilities [1][5] Company Developments - The W56 extended wheelbase version offers nearly 1,200 cubic feet of cargo capacity, making it suitable for high-volume delivery needs [2] - NorthStar Courier's decision to expand its EV fleet with the W56 208" reflects its satisfaction with the initial W56 EV step van, which performed well during the 2024 holiday peak delivery season [3] - The W56 is manufactured at Workhorse Ranch in Union City, Indiana, and is designed for last-mile delivery with a focus on efficiency and performance [5] Industry Context - NorthStar Courier's purchase is supported by Minnesota state grants aimed at accelerating fleet electrification, which helps replace older fossil fuel-powered vehicles with all-electric models [4] - The adoption of commercial EVs in Minnesota is gaining momentum, supported by funding from the Minnesota Pollution Control Agency [4] Future Events - Workhorse will showcase the W56 step van with 208" extended wheelbase at Work Truck Week® 2025 in Indianapolis, providing attendees with a Ride & Drive experience [6]

The municipality will deploy two W4 CC electric work trucks for trash and recycling can switch-outs, enhancing the efficiency of its waste management services. This sale marks Workhorse's entry into the Pacific Northwest, a key region for fleet electrification, facilitated through Sourcewell and The Truck Shop. CINCINNATI, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company pioneering the transition to zero-emission commercial ...

Experience the W56 208” extended wheelbase step van at the Work Truck Week Ride & Drive, showcasing its road-tested durability. Preview the upcoming W56 140 kWh stripped chassis in Booth 4401, designed for last-mile delivery optimization and cost savings. CINCINNATI, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company pioneering the transition to zero-emission commercial vehicles, is returning to Work Truck Week® 2025 to showc ...

E-GEN vehicles recently surpassed 10 million cumulative miles, proving the platform's durability and reliability in real-world conditions. Insights and innovations from the E-GEN platform have directly shaped the development of the W56, raising the bar for durability and performance in the commercial EV market. CINCINNATI, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) ("Workhorse" or "the Company"), an American technology company focused on pioneering the transition to zero-emission ...

Workhorse Group Inc. (WKHS) reported an adjusted loss of 88 cents per share for the third quarter of 2024, wider than the Zacks Consensus Estimate of a loss of 85 cents. The company had incurred an adjusted loss of $2.80 in the year-ago quarter.Workhorse generated net revenues of $2.51 million, which missed the Zacks Consensus Estimate of $6 million. Revenues fell 17.2% year over year due to the non-recurrence of a $2.3 million sales allowance obtained in the corresponding quarter of 2023.Key TakeawaysThe c ...

Workhorse Group Inc. (NASDAQ:WKHS) Q3 2024 Results Conference Call November 19, 2024 6:00 PM ET Company Participants Stan March - VP of Corporate Development and Communications Rick Dauch - Chief Executive Officer Bob Ginnan - Chief Financial Officer Operator Greetings, and welcome to the Workhorse Group Q3 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this con ...

Workhorse Group (WKHS) came out with a quarterly loss of $0.88 per share versus the Zacks Consensus Estimate of a loss of $0.85. This compares to loss of $2.80 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.53%. A quarter ago, it was expected that this truck and drone manufacturer would post a loss of $1.40 per share when it actually produced a loss of $1.40, delivering no surprise.Over the last four quarters, the company ...

Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.001 par value per share WKHS The NASDAQ Capital Market UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to ...

Exhibit 99.1 Workhorse Group Reports Third Quarter 2024 Results CINCINNATI, November 19, 2024 – Workhorse Group Inc. (Nasdaq: WKHS) ("Workhorse" or the "Company"), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today reported financial results for the third quarter ended September 30, 2024. Management Commentary "We continue to make steady progress on several fronts here at Workhorse," said Company CEO Rick Dauch. "Securing a three-year Master Frame ...