Workhorse Group Expands West Coast Presence, Adding The Truck Shop as its Latest Dealer
December 19 2023 - 4:05PM
Workhorse Group Inc. (Nasdaq:
WKHS) (“Workhorse” or
“the Company”), an American technology
company focused on pioneering the transition to zero emission
commercial vehicles, today announced it has added
The Truck
Shop as a dealer, bringing the Company’s total dealer
count to nine.
With locations in Washington and Oregon, The Truck Shop expands
Workhorse’s dealer network on the West Coast and serves as a
gateway to sales in the Pacific Northwest. The Truck Shop has been
operating as a one-stop shop for fleet operators in the region for
over 44 years and recently built a facility in Portland in
anticipation of future electric vehicle demand in that market. In
addition to selling vehicles, The Truck Shop repairs and services
medium and heavy-duty trucks.
“As we continue to grow our network of dealers across the
country, we are excited to add a proven commercial dealer in the
Pacific Northwest,” said Workhorse CEO Rick Dauch. “The Truck Shop
is a well-respected partner for fleet operators and has decades of
experience operating in the region. With our manufacturing
throughput ramping up, we look forward to collaborating with The
Truck Shop to sell and service our vehicles to its longstanding
customers.”
The Truck Shop Owner Doug Small added: “Partnering with
Workhorse is an important step into the future for us. As more
fleet operators shift to zero emission vehicles, Workhorse provides
the best-in-class trucks that they are looking for. We are proud to
be a Workhorse dealer and look forward to working with their
team.”
About The Truck ShopLocated in the heart of
Washington State and Oregon, The Truck Shop serves Seattle to
Portland and beyond. The Truck Shop has always prided itself on
being big enough to handle the largest commercial truck fleets
& small enough to care for the single owner operator. Every
customer is important. The Truck Shop specializes in complete truck
parts, state of the art maintenance and commercial truck sales for
single delivery truck operations all the way up to tractor trailer
fleets. The Truck Shop has the resources and experience to provide
turnkey maintenance solutions that allow customers to focus on
their business.
About Workhorse Group Inc.Workhorse is a
technology company focused on providing ground and air-based
electric vehicles to the last-mile delivery sector. As an American
original equipment manufacturer, we design and build high
performance, battery-electric trucks and drones. 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
contains forward-looking statements reflecting our current
expectations that involve risks and uncertainties. These statements
are made under the “safe harbor” provisions of the U.S. Private
Securities Litigation Reform Act of 1995. When used in this
document, the words “anticipate,” “expect,” “plan,” “believe,”
“seek,” “estimate,” “will,” and “continue” and similar expressions
are intended to identify forward-looking statements. These
statements involve substantial risks and uncertainties. For a
further description of the risks and uncertainties relating to the
business of the Company in general, see the Company’s filings with
the Securities and Exchange Commission, including the Company’s
Annual Report on Form 10-K for the year ended December 31, 2022 and
Quarterly Reports on Form 10-Q for the quarters ended March 31,
2023, June 30, 2023 and September 30, 2023. Forward-looking
statements speak only as of the date hereof. We expressly disclaim
any obligation or undertaking to release publicly any updates or
revisions to any forward-looking statements contained herein to
reflect any change in our expectations with regard thereto or any
change in events, conditions, or circumstances on which any such
statement is based, except as required by law.
Media Contact:Aaron Palash / Greg KlassenJoele
Frank, Wilkinson Brimmer Katcher212-355-4449
Investor Relations Contact:Matt Glover and Tom
ColtonGateway
Group949-574-3860WKHS@gateway-grp.com
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