Benzinga’s real-time news platform with all the information you need to invest better today. On Tuesday, Workhorse said its has successfully completed Federal Motor Vehicle Safety Standards (FMVSS) testing for its C650 and C1000 all-electric delivery vans this week. Use wattEV2Buy’s proprietary tools to find the ideal EV for your requirements and determine the cost of charging EVs.
Like the show? Keep up with all Benzinga news!īe sure to check out. Workhorse announced that it has received an initial purchase order for 20 Workhorse C1000 all-electric delivery vehicles from. Workhorse is a technology company focused on providing electric mobility solutions to the transportation sector.
Steve Schrader, Chief Financial Officer, Workhorse stock ($WKHS) - 35:15įor FASTER NEWS and IN-DEPTH market data, check out Benzinga Pro. The opportunity in electric vehicles and last-mile delivery Nano One shares have risen about 117 this year, still significantly below the gains seen for more well-known EV stocks such as Workhorse, Nikola Corp. We pride ourselves on being the best source of premarket trading strategy, and we feature some of Wall Street’s best traders as guests.
WORKHORSE EV UPDATE
TechCrunch has reached out to both Workhorse and NHTSA and will update the story if they respond.PreMarket Prep is a live trading talk show that airs weekdays from 8-9 am ET on YouTube as well as Check out our chat rooms to get your questions answered on the show! The notice from Workhorse sent its shares tumbling by around 10%. F or investors considering EV options, Workhorse is one company that may be on the periphery of most investors’ radar.Indeed, this clean energy and EV player was red-hot earlier this year. The company appointed CEO Richard Dauch to replace Duane Hughes in July. The SEC also opened an investigation into Workhorse at the beginning of September, though the regulator hasn’t disclosed what the investigation concerns. Losing the USPS contract doesn’t mark the end of its woes. Postal Service, electric commercial vehicle. The EV startup dismissed its challenge voluntarily last week. (Photo: Workhorse Group) As it waits to learn if it will win a massive order for delivery trucks from the U.S. Wheelbase 190' Overall Length 324' Front Track 86' Rear Track 86' Body Width 86' Body Height 122' Ground Clearance 7.25' GAWR Front 5,000 Lbs. Postal Service for awarding a multibillion-dollar contract for electric delivery vehicles to defense contractor Oshkosh Defense. C650 Motor Dual Axial Flux Interior Permanent Magnet Motors Interior Volume 1,000 cu.ft. During the company’s third-quarter earnings call, Workhorse reported an 81 million loss, blaming an increase in operating costs.
Ohio-based Workhorse has been in the news lately, primarily for filing a legal complaint against the U.S. Electric vehicle startup Workhorse Group is hemorrhaging money. The company also filed a safety recall report with NHTSA, and noted that it had not received any customer reports of safety issues relating to the C-1000. The additional testing should be completed in the fourth quarter, the company told the U.S. The company lists the gross axle weight rating at 5,000 pounds for the front and 7,500 for the rear. The Workhorse C-Series vans weigh in at 6,000 pounds and can carry their own weight in terms of payload. EV startup Workhorse Group is recalling 41 of its C-1000 cargo delivery vehicles and suspending the remainder of its deliveries for this model, telling regulators Wednesday that “additional testing” is needed to certify the vehicles under Federal safety standards.Īll automakers must certify their vehicles under the Federal Motor Vehicle Safety Standards, minimum safety performance requirements issued by the National Highway Transportation and Safety Administration (NHTSA). The vehicle’s one-piece composite body, while being durable and rustproof, is said to be lighter than aluminum.
0 kommentar(er)
