This presentation 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 maintain our listing of our securities on the Nasdaq Capital Market; 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.
Work Ahead.
4
Workhorse: Redefining Last-Mile Delivery
Proven track record with nearly 400 vehicles on the road and 5+ million miles driven in real-life duty cycles and climates
Fully Electric
American OEM
Founded: 2007
NASDAQ: WKHS
Headquarters: Loveland, OH
150 Employees
Assembly Plant:
Union City, IN
HorseFly UAV
Delivery System
C1000 Electric Work Van
USPS Next Generation Delivery Vehicle
Workhorse's Fully Electric Last-Mile Delivery Platform
Last-Mile
Fully electric and ISO-certifiedC-Series delivery vehicle jointly
Delivery
developed with UPS to meet their stringent requirements
Vehicle
Real-Time
Cloud-based,database-drivenproof-of-performance system
Telematics
HorseFly
Proprietary unmanned aerial system designed for the package delivery
Delivery Drone
market
Infrastructure
In partnership with Duke Energy, single-point management and
financing of all behind the meter infrastructure to support depot-wide
and Leasing
electrification and financing for vehicle and batteries
The only U.S.-based electric OEM, selected to develop the United NGDV Program States Postal Service's ("USPS") Next Generation Delivery Vehicle
("NGDV") and complete prototype testing
Work Ahead.
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Workhorse Group Inc. published this content on 13 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 January 2021 18:03:01 UTC
Workhorse Group Inc. is a technology company focused on providing ground-based electric vehicles to the last-mile delivery sector. As an American original equipment manufacturer, the Company designs and builds battery-electric trucks. It also develops cloud-based, real-time telematics performance monitoring systems that are fully integrated with its vehicles and enable fleet operators to optimize energy and route efficiency. All of its vehicles are designed to make the movement of people and goods more efficient and less harmful to the environment. Its products are marketed under the Workhorse brand. All Workhorse last-mile delivery trucks are assembled at its Union City, Indiana production facility. The Workhorse electric trucks include W4CC, W750, and W56. Its Class 4 vehicles are a zero-emission chassis designed to be sold in either a cab chassis version (W4CC) or a step van version (W750) made to haul various cargo and take on both mid and last-mile routes.