Workhorse and Amerit Fleet Solutions Partner to Provide Comprehensive Maintenance and Repair Services To Support Customers
August 31 2021 - 9:00AM
Workhorse Group Inc. (NASDAQ:
WKHS) (“Workhorse” or
“the Company”), an American technology company focused on
providing sustainable and cost-effective drone-integrated electric
vehicles to the last mile delivery sector, and Amerit Fleet
Solutions (“Amerit”), a provider of customized fleet maintenance
and repair programs nationwide, announced today that they have
entered into an agreement for Amerit to provide warranty and demand
repair programs to Workhorse customers nationwide.
Under the terms of the agreement, the two companies will jointly
provide maintenance service programs for electric and clean fuel
technologies. Both parties will work toward integrating
operational, maintenance and fleet data into an accessible portal
allowing for real-time tracking and expedited response times.
“The last mile delivery market requires solutions that optimize
uptime. Partnering with Amerit, a leader in customized maintenance
services, enables us to do just that,” said Workhorse CEO Rick
Dauch. “Our vehicles and connected insights, combined with Amerit’s
mobile service network and innovative maintenance solutions,
provides Workhorse with the ability to offer a comprehensive and
customized EV experience for our customers.”
“Workhorse is a North American automotive technology leader, and
we’re looking forward to supporting their customers by
offering service programs across the US,” said Amerit’s CEO Dan
Williams. “With over 1500 trained and certified technicians across
the country, and our customized approach to service programs,
Amerit is ideally suited to rapidly scale services to Workhorse
customers.”
Workhorse and Amerit will be attending and exhibiting at the
annual ACT Expo In Long Beach, CA this week. The Expo will be held
from August 31 to September 1 at the Long Beach Convention Center.
Workhorse will be located at Booth #1834, and Amerit will be
located at Booth #537.
About Workhorse Group Inc. Workhorse is a
technology company focused on providing drone-integrated electric
vehicles to the last-mile delivery sector. As an American original
equipment manufacturer, we design and build high performance,
battery-electric vehicles including trucks and aircraft. Workhorse
also develops cloud-based, real-time telematics performance
monitoring systems that are fully integrated with our vehicles and
enable fleet operators to optimize energy and route efficiency. All
Workhorse vehicles are designed to make the movement of people and
goods more efficient and less harmful to the environment. For
additional information
visit workhorse.com.
About Amerit Fleet SolutionsAmerit’s trusted
and respected team of fleet maintenance professionals leverages a
nationwide infrastructure paired with electric and alternative fuel
expertise, to provide custom-built maintenance programs to fleets
across the country. Our team of highly skilled technicians and
managers provide maintenance and repair programs to over 165,000
vehicles to improve clients’ fleet uptime, safety, and
reliability. Amerit’s comprehensive and innovative service
solutions, paired with a customized approach driven by core values
of partnership and integrity, deliver peace-of-mind to customers
while keeping their assets on the road, anywhere across the
country. For more information, please visit
ameritfleetsolutions.com.
Forward-Looking StatementsThis 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 "believes," "expects," "anticipates," "estimates,"
"projects," "intends," "should," "seeks," "future," "continue," 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; negative impacts
stemming from the continuing COVID-19 pandemic; 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 satisfy covenants in our financing
agreements; our inability to maintain our listing of our securities
on the Nasdaq Capital Market; our inability to satisfy our customer
warranty claims; 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.
Workhorse Media Contact:
Mike DektasCreative Storm
PR513-266-3590mike@creativestorm.com
Prosek Partners Pro-Workhorse@Prosek.com
Workhorse Investor Relations Contact:
Matt Glover and Tom ColtonGateway Investor
Relations949-574-3860WKHS@gatewayir.com
Amerit Media Contact:
Karen VintonAmerit Fleet
Solutions415-755-3302Kvinton@ameritfleet.com
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