Workhorse Receives IRS Approval For Commercial Clean Vehicle Credit
Portfolio Pulse from Bill Haddad
Workhorse Group Inc. (WKHS) has received approval from the Internal Revenue Service (IRS) for a commercial clean vehicle credit. This could potentially boost the company's sales as it makes their electric vehicles more affordable to customers.
September 12, 2023 | 8:06 pm
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Workhorse Group's IRS approval for a commercial clean vehicle credit could potentially increase the company's sales by making their electric vehicles more affordable.
The IRS approval for a commercial clean vehicle credit makes Workhorse's electric vehicles more affordable, which could potentially increase the demand for their products and boost their sales. This is likely to have a positive impact on the company's stock price in the short term.
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