CINCINNATI, Nov. 22, 2016 /PRNewswire/ -- Workhorse
Group Inc. (NASDAQ: WKHS), an original equipment manufacturer (OEM)
of battery-electric vehicles, today announced that it will present
a working concept truck of the W-15 electric pickup work truck with
range extender for fleet usage, at the ACT EXPO Conference
May 1-4, 2017 in Long Beach, CA.
Workhorse's goal is to make the W-15 the most economical, safest
and lowest emissions pickup truck in America.
The new Workhorse W-15 light duty platform design is an
extension of the E-Gen electric technology used in Workhorse
medium-duty delivery trucks. With an expected 80 mile battery
range using our proven battery packs, the Workhorse W-15 light duty
design expects to provide economical, clean and powerful
performance.
If needed, the on-board gasoline generator will then operate
after battery power has been depleted, allowing fleet drivers
unlimited range to complete the days' tasks.
Believed to be the first plug-in range-extended electric pickup
truck built from the ground up by an OEM, the W-15's goal is to be
the safest pickup truck on the market with its large frontal
crumple zone and low center of gravity.
The Workhorse W-15 electric truck is expected to lower
emissions. In developing the W-15, our goal is to deliver lower
total cost of ownership (TCO) to fleets through lower fueling and
maintenance costs.
Millions of pickup trucks are sold in the United States each year and pickup trucks
are a leading vehicle platform of choice for fleets. The
electric powered W-15 represents an opportunity to bring fuel
savings and emissions reduction to the streets of America without
sacrificing functionality.
Fleet operators and managers are invited to see the working
concept electric pickup at ACT EXPO in Booth # 1435, May 1-4, 2017. On hand will be Workhorse
engineers to answer questions and present the vehicle.
Fleet managers who would like additional information are
directed to contact Jeff Esfeld at
jeff.esfeld@workhorse.com or 206-228-5400.
About Workhorse Group Inc.
Workhorse Group, Inc. (NASDAQ: WKHS), is a U.S. – based original
equipment manufacturer of medium duty EPA-approved battery-electric
delivery vehicles and fully integrated truck-launched, FAA
compliant unmanned aerial systems (UAS) delivery drones. Workhorse
trucks have historically been sold to the largest fleets in the
USA and Canada for last-mile delivery and related
uses.
For additional information visit www.workhorse.com
Forward Looking Statement
This press release includes forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These statements
may be identified by words such as "feel," "believes," expects,"
"estimates," "projects," "intends," "should," "is to be," or the
negative of such terms, or other comparable terminology.
Forward-looking statements are statements that are not historical
facts. Such forward-looking statements are subject to risks and
uncertainties, which could cause actual results to differ
materially from the forward-looking statements contained herein.
Factors that could cause actual results to differ materially
include, but are not limited to: our limited operations and need to
expand in the near future to fulfill product orders; risks
associated with obtaining orders and executing upon such orders,
the ability to protect our intellectual property; the potential
lack of market acceptance of our products; potential competition;
our inability to retain key members of our management team; our
inability to raise additional capital to fund our operations and
business plan; our inability to maintain our listing of our
securities on the Nasdaq Capital Market; our ability to continue as
a going concern; our liquidity and other risks and uncertainties
and other factors discussed from time to time in our filings with
the Securities and Exchange Commission ("SEC"), including our
annual report on Form 10-K filed with the SEC. Workhorse expressly
disclaims any obligation to publicly update any forward-looking
statements contained herein, whether as a result of new
information, future events or otherwise, except as required by
law.
Contact:
Mike Dektas
Workhorse Group Inc.
513-266-3590
Mike.Dektas@workhorse.com
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SOURCE Workhorse Group Inc.