“Our partnership with GreenPower is a crucial step in a multi-pronged effort to redefine our product portfolio. “Workhorse is delivering on our commitment to pioneer the transition to zero-emission commercial vehicles by developing and building safe, reliable and versatile electric commercial delivery vehicles,” said Workhorse CEO Rick Dauch. The W750 will feature up to 150 miles of all-electric range, with a payload capacity of 5,000 lbs., as well as standard 60kW DC fast-charging and optional 60 kW wireless-charging capabilities. The finished Class 4 step vans will be available under the Workhorse brand with Workhorse after-sales and support service.
and Canada to sell Class 4 step vans based on the GreenPower-supplied base vehicle. Workhorse will have exclusive rights in the U.S. The agreement includes deposits based on delivery thresholds and also contains a renewal option.
Workhorse will complete the manufacturing process and deliver finished step vans to its customers in the United States and Canada. The chassis are to be used in the production of Workhorse’s new Class 4 W750 step van line, which is slated to enter production in Q3 2022. Under the terms of the agreement, the companies have confirmed a 21-month schedule during which GreenPower will deliver 1,500 EV Star cab and chassis to Workhorse starting in July 2022. (NASDAQ: GP, TSXV: GPV) (“GreenPower”), a leading manufacturer and distributor of zero-emission electric-powered vehicles serving the cargo and delivery, shuttle, transit and school bus markets, today announced the signing of a multi-year supply agreement to facilitate the manufacturing and delivery of medium-duty Class 4 step vans into the North American market. (NASDAQ: WKHS)(“Workhorse”), an American technology company focused on providing sustainable and cost-effective electric vehicles to the last-mile delivery sector, and GreenPower Motor Company Inc. The company generates key revenue from the Automotive Revenue which consists of sales of any of its E-GEN or E-100 platforms.March 1, 2022, Cincinnati, Ohio and Vancouver, Canada - Workhorse Group Inc. E-100, an all-electric, medium-duty truck, is an electric power train. E-GEN is an electric drive, transmission-free system, which has a gasoline/propane or compressed natural gas (CNG) engine that functions as an auxiliary generator. Its powertrain products include E-GEN and E-100. The company's products include trucks comprising powertrain and chassis. It designs, develops, manufactures and sells high-performance, medium-duty trucks with powertrain components under the Workhorse chassis brand. Workhorse Group Inc is a technology company. We believe our vehicles, engineering expertise, innovation and operational structure differentiate us from traditional truck manufacturers. We are also a developer of a cloud-based, real-time telematics performance monitoring system that tracks and displays the performance analytics and location of each Workhorse vehicle. We have recently received an initial order from United Parcel Service for 125 E-GEN trucks and, as a result, we are in the process of implementing operations as an original equipment manufacturer. We are a U.S.-based developer of medium-duty, battery-electric delivery vehicles and unmanned aerial systems (UAS) delivery drones that are fully integrated with Workhorse electric vehicles.
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