Workhorse Secures GSA Contract, Expanding Access to its Zero-Emission Vehicles for Government and Public Sector Fleets
November 19 2024 - 5:00PM
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 that it has been added to the GSA Schedule by being
awarded a General Services Administration (GSA) Government Fleet
Contract through its dealer, Colonial Fleet Electrification. This
milestone allows federal government agencies to streamline
procurement of Workhorse's American-made electric commercial
vehicles in the W56 platform, enhancing their access to reliable,
efficient, transportation solutions from American companies.
The GSA contract, GS-30F-RA005, is listed under Special Item
Number (SIN) 493E, making Workhorse vehicles readily available for
agencies with access to the GSAFleet.gov platform. This designation
follows a comprehensive review of Workhorse’s production
capabilities, quality systems, testing and inspection processes,
and the manufacturing standards at the Company’s Union City,
Indiana facility, known as the Workhorse Ranch.
“Securing a GSA contract is a major milestone that underscores
our ability to meet the needs of government fleets with robust,
reliable, and durable commercial electric vehicles while also
reinforcing the strength of our company and products,” said Ryan
Gaul, Workhorse President, Commercial Vehicles. “This contract
empowers us to provide government agencies that may choose to
purchase our products with the vehicles they need to achieve their
operational goals through the purchase of our vehicles, which we
proudly design and manufacture in the heartland of America, to
achieve their operational goals.”
Expanding Cooperative Purchasing
OpportunitiesWorkhorse’s addition to the GSA Schedule
complements the Company’s growing network of cooperative purchasing
agreements, making its vehicles more accessible to public sector
fleets across the United States. These partnerships include:
- Sourcewell: A nationwide cooperative purchasing program
supporting municipalities, school districts, and non-profits.
- Florida Sheriff's Association Purchasing Program: Serving
police departments and municipal fleets in Florida and across the
United States.
- OMNIA Partners: Offering vehicle procurement through
Workhorse’s lending partner Doering Fleet Management.
- PASSPort: The City of New York's end-to-end digital procurement
platform, providing vehicles through Workhorse’s dealer Burr
Truck.
With growing availability on purchasing platforms, Workhorse is
accelerating the adoption of commercial electric vehicles,
providing public sector fleets with reliable solutions to achieve
zero-emission goals while simplifying the transition to sustainable
transportation.
For more information on Workhorse’s government and cooperative
purchasing options, visit
https://workhorse.com/purchasing-contracts/.
About Workhorse Group Inc.Workhorse is a
technology company focused on providing ground-based electric
vehicles to the last-mile delivery sector. As an American original
equipment manufacturer, we design and build high performance,
battery-electric trucks. 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 StatementsThe discussions in
this press release contain 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 press release, the words “anticipate,” “expect,” “plan,”
“believe,” “seek,” “estimate,” and similar expressions are intended
to identify forward-looking statements and relate to future
periods. These are statements that involve substantial risks and
uncertainties. Forward-looking statements are statements that are
not historical facts and 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:Tom Colton and Greg
BradburyGateway Group949-574-3860WKHS@gateway-grp.com
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