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Workhorse Group
Government, Fuel

Review Sought on USPS Decision to Buy Gas-Powered Trucks

House Democrats are asking the U.S. Postal Service’s inspector general to investigate the agency’s decision to replace its mail-truck fleet with almost all gasoline-powered models, a move that paved the way for a contract with Wisconsin military truck maker Oshkosh Corp. worth as much as $6 billion.

Ari Natter | Bloomberg News
March 14, 2022
Business, Fuel, Logistics

Workhorse to Retire Troubled Flagship Electric Delivery Van

Workhorse Group Inc. plans to kill its flagship electric delivery van after a recall last year, turning instead to two new models after what its CEO called a “costly misstep.”

Sean O'Kane | Bloomberg News
March 1, 2022
Government, Business, Equipment, Fuel

EPA Slams USPS Plan for Mostly Gas-Powered Mail Trucks

The U.S. Postal Service has finalized a contract to replace its mail truck fleet with almost all gasoline-powered models, drawing an angry response from Biden administration officials who unsuccessfully pushed the agency to buy electric vehicles instead.

Jennifer A. Dlouhy and Ari Natter | Bloomberg News
February 23, 2022
Business, Technology, Fuel, Logistics

Workhorse Shares Sink After It Halts Electric Van Deliveries

Workhorse Group Inc. shares plunged Sept. 22 to their lowest since May after the embattled electric vehicle maker said it will suspend deliveries of its vans and recall units it has already delivered.

Esha Dey | Bloomberg News
September 22, 2021
Government, Business, Technology, Equipment, Fuel

Lawsuit Could Delay Replacement for Aging Postal Fleet

The delivery of new USPS trucks set for 2023 could be delayed.

David Sharp | Associated Press
August 12, 2021
Government, Business, Technology, Fuel, Logistics

Workhorse Says It Didn’t Get a Fair Shot at USPS Van Award

The U.S. Postal Service didn’t give Workhorse Group Inc. a fair shot at a contract worth as much as $6 billion to build mail delivery vans, the maker of electric vehicles said in its challenge of the service’s decision to award the work to Oshkosh Corp.

Todd Shields | Bloomberg News
June 30, 2021
Business, Technology, Fuel

Workhorse Soars 83% in Three Days on Newfound Retail Fandom

Troubled electric truck startup Workhorse Group Inc. has become the latest darling of retail traders, who have pushed its share price up 83% in just three trading sessions.

Esha Dey | Bloomberg News
June 3, 2021
Government, Business, Technology, Equipment, Fuel

Oshkosh Acknowledged Weakness on EVs Before Win in Postal Deal

Oshkosh Corp. executives cautioned investors that they lacked expertise in building electric vehicles several months before the company won a lucrative U.S. Postal Service contract to build next-generation mail-delivery vans with batteries or internal-combustion engines.

Todd Shields and Ari Natter | Bloomberg News
March 10, 2021
Business, Fuel

Workhorse Rises After Lawmaker Seeks Probe of Big Oshkosh Trade

Workhorse Group Inc. rose after a U.S. lawmaker raised questions about a $54.2 million late-day block trade in competitor Oshkosh Corp. on the eve of a blockbuster U.S. Postal Service contract award.

Bloomberg News
March 8, 2021
Government, Business, Fuel

Workhorse Sees ‘Prolonged Process’ to Challenge USPS Action

Workhorse Group Inc. said March 4 it sees a “prolonged process” as it attempts to challenge the loss of a massive U.S. Postal Service contract to build the agency’s next-generation fleet of delivery trucks.

Ari Natter and Todd Shields | Bloomberg News
March 4, 2021

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