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Workhorse announces its flagship C-1000 electric van is dead.

balthazar
in Industry News

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This, almost exactly a year after announcing its stillborn pickup would be killed off. 

Workhorse Group has stated their corporate revamp will include 2 new electric commercial vehicle platforms, but aren't expected until Q3 2023.  In the meantime, they are outsourcing an electric platform from its competition; Canada's GreenPower Motor.  The company expects to deliver just 250 vehicles in 2022, according to CNBC.

Stock closed yesterday at $3.74/share.

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