Workhorse Group Expands California Presence, Adding Western Truck Exchange As Its Latest Certified Dealer
Portfolio Pulse from Happy Mohamed
Workhorse Group Inc. (WKHS) has expanded its presence in California by adding Western Truck Exchange (WTE) as its latest certified electric vehicle dealer. This move is part of Workhorse's Certified Dealer Program, an initiative to develop a network of verified dealers that can safely repair and maintain the electric components of the company's vehicles. WTE will sell, service, and upfit Workhorse's vehicles, including the W4 CC and W750 models.
August 04, 2023 | 11:12 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Workhorse's partnership with Western Truck Exchange could potentially increase its sales and service reach in California, one of the most EV-friendly states in the U.S. This could have a positive impact on the company's revenues and stock price in the short term.
The partnership with Western Truck Exchange, a trusted operator in the California end market, could potentially increase Workhorse's sales and service reach in the state. This could lead to increased revenues and a potential rise in the company's stock price in the short term. California is one of the most EV-friendly states in the U.S., which could further boost the potential impact of this partnership.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100