Amerit and Workhorse Announce Purchase Order for 10 All Electric EVolution Mobile Service Centers
May 10 2022 - 4:05PM
Amerit Fleet Solutions, a provider of customized
fleet maintenance and repair programs nationwide, and
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, announced today that
they have finalized a purchase order for 10 battery electric
vehicles to add to Amerit’s fleet of EVolution Mobile Service
Centers throughout California.
Fully electric and zero emissions, the EVolution
Mobile Service Center (MSC) enables Amerit technicians to provide
maintenance and repairs for electric vehicles, charging hardware
and ICE vehicles side by side. The EVolution’s battery power is
designed to support a full workday, powering all tools and
equipment, and safely return the technician home at the end of the
day.
Another capability of the EVolution MSC is its
ability to perform rescue missions. Drawing from its own on-board
battery packs, the EVolution can provide 5-10 miles of charge to a
downed EV, enabling the vehicle to be driven to a charging station
or back to the fleet location.
“We are very excited to have secured this purchase order with
Workhorse,” said Amerit’s CEO Dan Williams. “Adding these units
throughout California demonstrates our commitment to leading the
industry in providing maintenance and support services for fleets
adopting electric vehicles while also upholding our own GHG
emission reduction goals in the years to come.”
“We are proud to have Amerit choose our class 4 W4 CC product as
a foundation for their Evolution Service Centers in California,”
said Workhorse CEO Rick Dauch. “Amerit has a clear vision of how
they will attain their internal GHG goals, and how they will evolve
into a premier EV service provider, and we appreciate having them
as both a long-term customer as well as an EV maintenance partner
as they pursue their impressive targets.”
Amerit and Workhorse will be attending and exhibiting at the
annual ACT Expo In Long Beach, CA this week. The Expo will be held
from May 9-12th at the Long Beach Convention Center. Amerit will be
located at Booth #529 and Workhorse is located at booth #1936.
About Amerit Fleet SolutionsAmerit’s team of
fleet maintenance professionals leverage a nationwide
infrastructure and ICE, electric and alternative fuel expertise to
provide custom-built maintenance programs to fleets
nationwide. Our team of highly skilled and certified
technicians provide maintenance and repair services to over 165,000
vehicles today, improving 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 clients
while keeping their assets on the road, anywhere across the
country. For more information, please visit
ameritfleetsolutions.com.
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.
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.
Amerit Media Contact:
Karen VintonAmerit Fleet
Solutions415-755-3302Kvinton@ameritfleet.com
Workhorse Media Contact:
Derek TorresDirector, Channel
Management386-299-4286derek.torres@workhorse.com
Workhorse Investor Relations Contact:
Matt Glover and Tom ColtonGateway Investor
Relations949-574-3860WKHS@gatewayir.com
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