UPDATE - Workhorse Partners with Progress Manufacturing Company as Certified Dealer for Specialized Second-Stage Manufacturing
December 10 2024 - 10:59AM
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 Progress Manufacturing Company LLC (PMC) has
joined its growing dealer network. PMC is a second-stage
manufacturer and distributor specializing in equipping commercial
vehicles with highly specialized technology.
As part of this partnership, Progress Manufacturing
has signed a purchase order for a Workhorse W56 step van and W4 CC
cab chassis, which will be used as demonstration units by their
contracted sales team. Both will showcase EnviroCharge’s mobile DC
fast chargers, providing a groundbreaking solution for off-grid
fleet EV charging using clean energy sources.
EnviroCharge, based in Sacramento, California,
delivers mobile and stationary fast charging solutions that are
essential for EV fleets operating in off-grid or remote locations.
These integrations highlight the diverse operational capabilities
of Workhorse vehicles.
“Partnering with PMC to deploy new, enabling
technologies for customer applications aligns perfectly with our
strategies of building a strong, American manufacturing base in
Union City, Indiana, and growing the market for our electric
vehicle platforms by having the largest network of OEM upfit
partners in the industry,” said Ryan Gaul, Workhorse President of
Commercial Vehicles. “This collaboration demonstrates the
adaptability of Workhorse's zero-emission platforms, offering
solutions that elevate fleet performance while addressing unique
operational needs.”
Rob Lykins, Founder and Owner of PMC added,
“Becoming a Workhorse dealer is an exciting milestone for us. We’re
excited to work with Workhorse because their electric vehicles are
as versatile as they are reliable. The W56 and W4 CC provide a
strong foundation for the advanced equipment we integrate, giving
our customers innovative all-electric solutions that redefine
what’s possible in their industries.”
Progress Manufacturing Company, located in Union
City, Indiana, near Workhorse's manufacturing facility, specializes
in upfitting vehicles with purpose-built solutions that extend
beyond traditional upfitting. Their work expands the functionality
of Workhorse’s zero-emission vehicles for industries such as
last-mile delivery, EV fleet operations, and utility applications.
Licensed to sell vehicles nationally, PMC will distribute these
vehicles through an extended dealer network and directly to
customers.
About Progress Manufacturing Company
LLCProgress Manufacturing Company LLC (PMC) is a contract
manufacturer located in Progress Industrial Park in Union City,
Indiana next to the Workhorse Ranch. With over 130,000 square feet
of manufacturing space, PMC has many diverse capabilities including
custom upfitting, assembly, design, distribution, transportation
and special vehicle integration on many truck and chassis
platforms. PMC’s experienced, talented staff and workforce offer
years of experience and ample capacity to support its growing
customer base. For more information, visit www.envirocharge.tech or
call 765-969-0807.
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, including our ability
to timely deliver the W56 step van and W4 CC cab chassis applicable
to the purchase order and conditions to delivery and acceptance
thereof. 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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