Workhorse Group Granted U.S. Patent #11753078: Land vehicles incorporating impact management systems
Portfolio Pulse from Charles Gross
Workhorse Group has been granted U.S. Patent #11753078 for land vehicles incorporating impact management systems. This could potentially enhance the safety features of their vehicles and make them more appealing to consumers.
September 12, 2023 | 2:08 pm
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POSITIVE IMPACT
The granting of the patent to Workhorse Group could potentially enhance the safety features of their vehicles, which may increase their appeal to consumers and positively impact their sales and stock price.
The granting of a patent is a positive development for a company as it provides them with exclusive rights to a particular invention. In this case, the patent is for a safety feature in land vehicles, which could make Workhorse's vehicles more appealing to consumers. This could potentially lead to increased sales and a positive impact on the company's stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100