Workhorse Group Granted 4 U.S. Patents: Land Vehicles Adapted For Use As Electric Delivery Vehicles; Land Vehicles Incorporating Monocoques And Modular Mold Systems For Making The Same; Land Vehicles Incorporating Brake Systems And Methods Therefor; Unmanned Aerial Vehicle Delivery Systems
Portfolio Pulse from Charles Gross
Workhorse Group has been granted three U.S. patents related to its electric delivery vehicles. The patents cover adaptations for electric delivery vehicles, the incorporation of monocoques and modular mold systems, and brake systems for land vehicles. Additionally, a patent for unmanned aerial vehicle delivery systems was also granted.

January 30, 2024 | 1:38 pm
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POSITIVE IMPACT
Workhorse Group's newly granted patents for electric delivery vehicles and related systems may enhance its competitive edge and intellectual property portfolio, potentially leading to increased investor confidence.
The granting of new patents to Workhorse Group is a positive development, as it not only enhances the company's intellectual property but also demonstrates innovation in the electric vehicle space. This could lead to increased investor confidence and potentially open up new business opportunities or partnerships. The patents are directly related to the company's core business, making this news highly relevant and important for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100