2021-02-23
Mar 18, 2021 WKHS stock investors pinned all their hope on one major contract that fell through, now it may only hope for a small order win.
Mar 3, 2021 In a statement, the company told News 5 “Lordstown Motors' business plan was never reliant on Workhorse receiving the USPS contract; if they Mar 4, 2021 Ohio-based electric vehicle manufacturer Workhorse Group was passed over for the contract. In a release on Feb. 24, Workhorse said it has Mar 4, 2021 Workhorse Group Inc. faces a tough road to overturn its loss of a $6 billion USPS Selects Oshkosh for EV Contract Over Workhorse (Video) Jan 13, 2020 However, should Workhorse be awarded all or some of the USPS contract, it likely will pave the way to a more certain future for a startup that Aug 14, 2020 for a $6.3 billion U.S. Postal Service contract to produce next-generation mail delivery trucks. VT Hackney Inc. and its partner Workhorse. Aug 13, 2020 The USPS had been aiming to make a decision last year, but had do delay Workhorse, the company that launched electric pickup startup Oct 13, 2020 Workhorse shares are under pressure currently as the award of the USPS NGDV contract has been delayed until the end of 2020.
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2021-03-08 · Why Workhorse Group Stock Jumped 30% Today The company may have gotten more help over the weekend in its fight for a USPS truck contract. Last month, U.S. Postmaster General Louis DeJoy said USPS was committed to having EVs make up at least 10% of its new fleet. The lawmakers said "even the 10% target is highly questionable." DeJoy defended the decision to award the contract to Oshkosh, telling Reuters last week he was briefed after the decision had been made. Life after the USPS contract.
Workhorse Group rose as a House panel made plans to examine the U.S. Postal Service’s awarding of a blockbuster truck-building contract to Oshkosh Corp. and another lawmaker raised questions about Investors in WKHS stock were crushed when the company lost a U.S. Postal Service delivery-truck deal to Oshkosh Corp.
Many Workhorse bulls have pinned their hopes on Workhorse being awarded all or part of the U.S. Postal Service Next Generation Delivery Vehicle contract, which some estimates say could be worth as
It's done. WKHS is out, OSK is in.…Visa mer. 1.
2020-12-22
Amid heightened volatility, the stock was 2021-03-09 2021-02-25 2020-12-03 2021-03-12 2021-03-09 2021-01-26 Workhorse shares lost nearly half their value on Feb. 23 after USPS said it would award Oshkosh Defense, a unit of Oshkosh Corp, the 10-year contract. Workhorse shares … 2021-03-09 2020-07-14 2021-02-24 2020-12-22 2021-02-24 2021-02-23 2021-03-01 2021-03-01 TRUMP NEEDS TO WIN THE STATE OF OHIO TO WIN THE PRESIDENTIAL ELECTION. Ohio is a … 2021-03-08 2021-02-24 usps contract leak?! HUGE WORKHORSE STOCK NEWS AND MOVES!Join my private Discord Channel - https://www.patreon.com/jackspencerinvesting4 FREE STOCKS on Webul 2021-03-08 Workhorse, of course, wants to overturn the award made to truck maker Oshkosh (OSK) or, at least, win part of the yearslong, multibillion-dollar contract. Figuring out if Workhorse will be Shares of Workhorse Group [WKHS] dropped 8.3% in extended trading after falling nearly 50% on Tuesday. The massive selling in WKHS stock came after the electric delivery van maker lost a multi-billion dollar U.S. Postal Service (USPS) contract to rival, Oshkosh Corp. The winner [OSK] finished up 7%.
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Everyone who is anyone was expecting some kind of news on Monday morning when it comes to Workhorse (WKHS) stock. It was widely expected that USPS contract decision will take place on October 13, but Workhorse today announced that it has entered into a note purchase agreement under which it will sell almost $200M aggregate principal amount of its 4.0% Senior Secured Convertible Notes due …
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News • Mar 29, 2021. Hedge fund manager Bill Ackman says capitalism is 'the most powerful potential source' for solving society's problems, touts ESG investing
The USPS has been in talks with companies like Workhorse and Ford since 2018 and has been working closely with them for testing.
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Kaptur and Ryan both represent Mar 4, 2021 CINCINNATI, March 04, 2021 (GLOBE NEWSWIRE) -- Workhorse Group Inc. that it had made an award under the NGDV contract to a competing finalist, the On March 3, 2021 Workhorse met with USPS representatives to .. Mar 3, 2021 In a statement, the company told News 5 “Lordstown Motors' business plan was never reliant on Workhorse receiving the USPS contract; if they Mar 4, 2021 Ohio-based electric vehicle manufacturer Workhorse Group was passed over for the contract. In a release on Feb. 24, Workhorse said it has Mar 4, 2021 Workhorse Group Inc. faces a tough road to overturn its loss of a $6 billion USPS Selects Oshkosh for EV Contract Over Workhorse (Video) Jan 13, 2020 However, should Workhorse be awarded all or some of the USPS contract, it likely will pave the way to a more certain future for a startup that Aug 14, 2020 for a $6.3 billion U.S. Postal Service contract to produce next-generation mail delivery trucks. VT Hackney Inc. and its partner Workhorse.
It changed its name to Workhorse in 2015 after acquiring a former Navistar International Corp. plant in Union City, Indiana. Workhorse would in turn own a minority stake in Lordstown Motors.
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2021-02-18
The contract is worth nearly $6 billion, and Workhorse was long Workhorse Group Inc. wkhs said Thursday that it met with U.S. Postal Service representatives on March 3, to discuss why the electric vehicle maker missed out on a Next Generation Delivery Vehicle Shares of Workhorse Group dropped more than 50% at one point on Tuesday after the company was passed over for a key contract from the U.S. Postal Service. Amid heightened volatility, the stock was Shares of Workhorse Group Inc. kept falling Wednesday, extending the previous session’s near-record plunge, amid disappointment over losing out on the U.S. Postal Service delivery trucks contract The Workhorse Group mail truck prototype. Electric truck manufacturer Workhorse Group said it is exploring ways to challenge losing a U.S. Postal Service contract to build the next-generation mail Cincinnati-based electric vehicle-maker Workhorse Group, which was a finalist for the multi-billion dollar postal service contract but whose all-electric offering was passed over, now appears to be the heir apparent to the deal, though there’s no guarantee the contract would go to Workhorse, Reuters reported. In winning the USPS contract, Workhorse will cement itself as a viable leader in the electric delivery van market.
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Mar 1, 2021 Workhorse lost the USPS contract, resulting in WKHS stock crashing this week, but the company has other customers for its EV delivery vans. Mar 3, 2021 Commercial electric-vehicle maker Workhorse meets with the USPS Wednesday to discuss its contract bid loss to Oshkosh. After a rigorous evaluation process, the Postal Service today awarded contracts to six prime suppliers who together will produce 50 prototype vehicles as part of Mar 1, 2021 The Postal Service said the program would launch “the most dramatic modernization of the USPS fleet in three decades.” Under the terms of the Jan 13, 2021 Except the problem is that Workhorse is a “brainer” as evidenced by the USPS delaying the contract decision to sometime in the second fiscal Aug 6, 2019 He said getting access to the plant could be a “potential game changer” in winning the Postal Service contract potentially worth upwards of $6.3 Feb 8, 2021 According to WKHS bulls, Workhorse Is the only EV (electric vehicle) option for the USPS NGDV contract.