Business
Workhorse W56 Eligible for California HVIP Vouchers of $85,000 and Higher; Dealers Submit Voucher Requests as Company Showcases Step Van at FedEx Forward Summit
CINCINNATI, Sept. 10, 2025 (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 that its W56 step van is eligible for $85,000 in base incentives per vehicle through California’s Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP), which reopened yesterday for voucher request submissions. Workhorse Certified Dealer Kingsbu
About this update from Workhorse Group, Inc.
[{"type":"image","alt":"Workhorse Group, Inc.","displaySize":"","headline":null,"caption":"Workhorse Group, Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":130,"url":"https://media.zenfs.com/en/globenewswire.com/bfd1cd3219bc9fba56e55fe26d83cf11"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/5ZCth47MiEWrUk8GD2o_Iw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE4MjtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/bfd1cd3219bc9fba56e55fe26d83cf11","width":300,"height":130}},"lazy":false},{"type":"text","content":"CINCINNATI, Sept. 10, 2025 (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 that its W56 step van is eligible for $85,000 in base incentives per vehicle through California’s Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP), which reopened yesterday for voucher request submissions.","length":485,"tagName":"p"},{"type":"text","content":"Workhorse Certified Dealer Kingsburg Truck Sales is submitting an initial set of more than 20 HVIP voucher requests this week on behalf of customers who placed orders through the dealership ahead of the program’s reopening. With voucher allocations expected in the fourth quarter of 2025, Workhorse anticipates a growing backlog as demand builds for its flagship W56 electric step van.","length":385,"tagName":"p"},{"type":"text","content":"“At Workhorse, our goal is simple: build electric trucks that fleets can put to work right away,” said Rick Dauch, CEO of Workhorse. “With HVIP incentives, California fleets with up to 50 trucks can lower the cost of a W56 by at least $85,000—and possibly more depending on where it’s deployed. We’re already seeing the W56 prove itself on real delivery routes, and these incentives help accelerate that momentum.”","length":414,"tagName":"p"},{"type":"text","content":"In addition to HVIP reopening, Workhorse is showcasing the W56 this week at the FedEx Forward Service Provider Summit in Orlando, Florida, marking its third year participating in the event. The vehicle on display represents the same W56 step vans already in service with FedEx Express and multiple FedEx Independent Service Providers (ISPs) in California and other states nationwide, ...