Alan Adler
Friday, May 31, 2024
Workhorse on the bubble, or is it worse?
Perpetually troubled electric van maker Workhorse Group may be in worse shape than it appears. Little cash and slack orders are two factors.
Perpetually troubled electric van maker Workhorse Group may be in worse shape than it appears. Little cash and slack orders are two factors.
Workhorse Group claims business progress, but it needs approval for new shares to raise capital to make electric trucks and drones.
How confident is Kodiak Robotics of the safety of its autonomous system? How about cutting a sensor cable while the truck is running?
Workhorse Group is still cleaning up the mistakes of its recent past but is expressing optimism on 2023 production plans.
Facing a year with no revenue, Workhorse Group has turned to Canada’s GreenPower Motor to get Class 4 vans it can sell this year.