Workhorse Group Inc

About

Workhorse Group, Inc. is a technology company, which provides sustainable solutions to the commercial transportation sector. It operates as an original equipment manufacturer, which designs and builds battery-electric vehicles including trucks and aircraft. The company was founded by Stephen S. Burns on February 20, 2007, and is headquartered in Sharonville, OH.

Growth

Workhorse is a company operating in the scale-up stage, focusing on the production of zero-emission vehicles for various work applications. The company has established a strong presence in the market and is continually expanding its fleet and offerings to meet customer demands. Workhorse's commitment to sustainability and innovation positions it as a leader in the commercial electric vehicle sector, with a dedicated focus on last-mile delivery solutions.

Achievements

Workhorse has achieved significant milestones in its history, such as driving over 9.5 million miles with its all-electric vehicles, saving customers over $7,000 per year in operating costs compared to traditional ICE trucks, and operating manufacturing facilities encompassing over 300,000 square feet in the USA. These accomplishments demonstrate Workhorse's commitment to developing reliable, efficient, and cost-effective electric work trucks to meet the evolving needs of the market.

Case Studies

Workhorse has been involved in several impactful projects, such as the development and production of the W56 extended wheelbase model, showcasing the vehicle's reliability, durability, and performance in various scenarios. The successful partnership with FedEx resulting in an order for 15 W56 step vans underscores the practicality and efficacy of Workhorse's fleet in real-world applications, positioning the company as a trusted provider of electric work trucks in the industry.

Key Events

Workhorse has recently announced key events, including the certification and production launch of the W56 extended wheelbase model, demonstrating the company's commitment to safety and quality standards. The successful completion of a 1,000-mile journey further emphasizes the reliability and performance of Workhorse vehicles in demanding conditions. FedEx's order for 15 W56 step vans signifies a strategic partnership and market validation, showcasing Workhorse's capability to meet the needs of prominent industry players in the electric commercial vehicle sector.

Socials

company logo
CEO
Founded

-

Operating Status

Active

Industry

Automotive

headquarters
Address

3600 Park 42 Drive Suite 160 East Sharonville Ohio 45241 United States...

Country

United States

Employees

298

Key People

Jean J. Botti (Director)

Robert M. Ginnan (Chief Financial Officer)

Jeff Mowry (Chief Information Officer)

Revenue

13.09 M

Operating Income

Stock Price

$0.855


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Workhorse Group Inc

company logo

About Workhorse Group Inc

Workhorse Group, Inc. is a technology company, which provides sustainable solutions to the commercial transportation sector. It operates as an original equipment manufacturer, which designs and builds battery-electric vehicles including trucks and aircraft. The company was founded by Stephen S. Burns on February 20, 2007, and is headquartered in Sharonville, OH.


Why Setting Up a Virtual Delivery Center (VDC) Is Critical for Your Company’s Success

Achieving business success in today’s competitive landscape requires specialized expertise, seamless operations, and continuous innovation. Establishing a Virtual Delivery Center (VDC) can transform your company’s growth journey by ensuring efficiency, scalability, and long-term value.

Why Choose a VDC for Your Company?

1. Cost Optimization:

Save up to 70% on operational costs by leveraging remote teams and streamlined processes.

2. Expert Access:

Gain instant access to highly skilled professionals, ensuring faster and smoother project execution.

3. Scalable Teams:

Scale your team as business needs evolve, from initial project setup to long-term support.

4. Accelerated Timelines:

Leverage 24/7 global teams to reduce project delays and speed up implementation.

5. Continuous Support:

Ensure uninterrupted business performance with ongoing maintenance and updates.

Unlock Business Success with a VDC By establishing a VDC, your company can overcome operational challenges, achieve seamless system integration, and maximize ROI. Stay ahead in today’s dynamic market with a future-ready business strategy powered by a Virtual Delivery Center. Learn More About Us

Book A Meeting To Setup Your VDCovertime
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