Workhorse Group
Business

Workhorse Spins Off Helicopter Unit, Keeps Delivery Drone

A Workhorse drone test Workhorse Group

Electric vehicle manufacturer Workhorse Group plans to gain about $5 million as it spins off its SureFly personal helicopter subsidiary into a separate publicly traded company and puts greater focus on its automotive and drone business.

Transport Topics
January 3, 2018
Business

Workhorse Group Taps Gaitan, Rodriguez for Corporate Positions

Workhorse Group Inc. appointed Paul Gaitan chief financial officer, effective Aug. 9., and named Julio Rodriguez chief information officer.

Transport Topics
August 11, 2017
Business, Technology

Workhorse Provides Brinks With Class 5 Electrified Trucks

Workhorse Workhorse Group Inc.

Workhorse Group Inc., a technology company focused on providing electric mobility solutions to the transportation sector, announced that The Brinks Co., a cash management services firm, has purchased two Workhorse Class 5 E-GEN and E-100 chassis, paired with a Brinks custom logistics b

Transport Topics
August 7, 2017
Business

Workhorse Group’s Revenue Soars, Along With Cost of Sales

John Sommers II for Transport Topics

Electric vehicle manufacturer Workhorse Group Inc. reported higher first-quarter revenue yet remained unprofitable as cost of sales soared and operating expenses climbed by more than $1 million, compared with a year earlier.

Transport Topics
May 12, 2017
Business

Workhorse Group Gets Funding for Operations, Truck Deliveries in 2016

Workhorse Group Inc., of Cincinnati, said it will use nearly $12 million from the sale of convertible notes and warrants to fund operations and begin deliveries of trucks to customers in early 2016.

Transport Topics
December 11, 2015