Business
Kingsburg Truck Sales Bolsters Workhorse Partnership as Workhorse Sharpens Commercial EV Focus
CINCINNATI, June 12, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (NASDAQ: WKHS) ("Workhorse" or the "Company"), an American technology company focused on
About this update from Workhorse Group, Inc.
[{"type":"text","content":"CINCINNATI, June 12, 2024 (GLOBE NEWSWIRE) -- 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 a strategic collaboration with Kingsburg Truck Sales (“Kingsburg\"), its certified dealer based in Kingsburg, California, as well as the completion of the previously disclosed divestiture of its Aero business. These developments highlight Workhorse's ongoing efforts to address the needs of California's commercial truck and small fleet owners amid the enforcement of California Air Resources Board (CARB) regulations, while also streamlining its business to focus on core strengths. Kingsburg Collaboration to Drive Zero-Emission Truck Adoption An integral part of the collaboration is Kingsburg's commitment to purchase 141 units of the Workhorse W4 CC Class 4 battery-electric cab chassis trucks which are expected to be delivered in 2024. This order, which is subject to significant terms and conditions, including the receipt of California's Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP) vouchers, demonstrates Kingsburg's confidence that Advanced Clean Fleet (ACF) regulations are changing the market for work trucks in California and beyond. By expanding their inventory with a notable number of W4 CC trucks, Kingsburg is well-equipped to serve customers seeking reliable, zero-emission work vehicles that comply with California’s ACF regulations. \"We're thrilled to offer a solution that helps work truck owners in California meet ACF regulations,\" said Jerry Smith, President of Kingsburg Truck Sales. \"We believe in Workhorse and are impressed with their products and support. The Workhorse W4 CC is a practical, reliable electric truck that replaces traditional ICE models without sacrificing performance. With a range of up to 150 miles, compatibility with Level 2 and Level 3 charging, and numerous approved upfit options, the W4 CC is perfect for local delivery routes. It helps our customers stay compliant with ACF rules and lowers their fleet operating costs.\" In December 2022, Kingsburg became Workhorse's first certified electric vehicle (EV) dealer in the state of California. Since then, Kingsburg has played a pivotal role in facilitating multiple purchase orders for Workhors...