Workhorse Appoints Chris Nordh as VP of Commercial Development
February 03 2021 - 8:00AM
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, today announced that
automotive industry veteran Chris Nordh has joined the Company as
VP of Commercial Development, a newly created role designed to
augment and expand Workhorse’s sales and support infrastructure.
Formerly the Senior Director of Advanced Vehicle Technology
& Energy Products with Ryder System Inc., Nordh led business
strategy, product expansion and partnerships for Ryder in the area
of next generation vehicle technology. With a background in
leveraging the product and technology expertise of emerging EV
original equipment manufacturers (“OEMs”), Nordh effectively
created a multi-national OEM support system, experience which will
be valuable in supporting Workhorse channel partners.
“Chris is a welcome addition to our leadership team, bringing
extensive experience in scaling sales and support for Ryder and its
many OEM partners, particularly in the EV field,” said Workhorse
CEO Duane Hughes. “His deep advanced technology vehicle experience
will be invaluable as we continue to build production of our
C-Series 100% electric vehicles and expand our reach into new
markets.”
“I believe strong service and support solutions are instrumental
in creating a satisfied and, therefore, repeat customer base,”
added Nordh. “Workhorse channel partners include some of America’s
leading commercial vehicle distributors and service providers,
deserving of a comprehensive enablement platform. Users should have
a better and simpler vehicle experience in every way when choosing
to go electric, and our goal is to make that a reality through
smart solutions and strategic partnerships. Workhorse is positioned
incredibly well, at a pivotal moment in time, and has the
opportunity to radically optimize last mile delivery operations
with its comprehensive product portfolio including the C-Series
EVs, HorseFlyTM package delivery drone and connected software
systems.”
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; 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 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.
Media Contact:
Mike DektasCreative Storm
PR513-266-3590mike@creativestorm.com
Workhorse Investor Relations Contact:
Matt Glover and Tom ColtonGateway
Investor
Relations949-574-3860WKHS@gatewayir.com
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