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It's bucked a grizzly market correction and even galloped to fresh highs, but is Workhorse Group (NASDAQ:WKHS) a good purchase today? Maybe. Let's see what's happening off and on the price chart ...
workhorse .com. Workhorse Group Incorporated, originally AMP Electric Vehicles, is an original equipment manufacturer and technology company headquartered in Sharonville, Ohio, U.S. [1] Workhorse makes commercial electric vehicles and telematics software designed for last-mile delivery. Their products include commercial electric vehicles and ...
The ETF now owns 3.2 million shares of the stock valued at $49 million. Workhorse makes up around 1.3% of the fund’s assets. ... Shares of Workhorse fell over 50% in after-hours trading on the ...
October’s selling onslaught created a severe 50% drop for Workhorse Group (NASDAQ:WKHS). The ugly trip into bear country shook weak hands out of WKHS stock. Their flight was understandable. Not ...
As part of the business deal, Workhorse Group was given a 10% equity stake in Lordstown Motors. On October 23, 2020, Lordstown reverse merged with a special-purpose acquisition company (SPAC) named DiamondPeak Holdings and became listed on the NASDAQ stock exchange. The merger gave Lordstown Motors an estimated equity value of US$1.6 billion.
History E-GEN. AMP Electric acquired Workhorse from Navistar in March 2013 for US$5 million and unveiled the E-GEN drivetrain for the Workhorse W-88 Class 5 truck chassis in early 2014; the E-GEN was a plug-in series hybrid that used a 200 kW (270 hp) "Sumo" traction motor/generator provided by tm4 Electrodynamic Systems, drawing from a battery with a gross capacity of 60 kW-hr.
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The Workhorse W56 is a line of class 5 and 6 commercial battery electric vehicles designed and built by Workhorse Group starting in 2023, succeeding the firm's earlier C-Series. It is available with a step van body with a nominal 1,000 cu ft (28 m 3 ) of cargo volume, intended for last mile delivery , or as a stripped chassis or chassis cab ...