Workhorse Makes First Delivery Of Its W56 Step Van As Part Of An Ongoing Collaboration With NorCal Transports
Portfolio Pulse from Benzinga Newsdesk
Workhorse Group Inc. (Nasdaq: WKHS) has made the first delivery of its W56 step van in collaboration with NorCal Transports Inc., a last-mile package delivery contractor. This delivery, facilitated by Kingsburg Truck Sales, aims to demonstrate the W56's performance in the last-mile delivery sector. NorCal aims to have 100% of its fleet as alternate fuel vehicles by 2025.
August 02, 2024 | 12:37 pm
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Workhorse Group Inc. has delivered its first W56 step van to NorCal Transports, marking a significant milestone in their collaboration. This delivery is expected to showcase the W56's performance in the last-mile delivery sector.
The delivery of the W56 step van to NorCal Transports is a significant milestone for Workhorse, as it demonstrates the vehicle's real-world performance in the last-mile delivery sector. This could positively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100