Workhorse Group Inc. publishes post-merger presentation on USD 23 billion medium-duty electric truck market and 1,100-vehicle fleet scale

Reuters03-09

Workhorse Group Inc. publishes post-merger presentation on USD 23 billion medium-duty electric truck market and 1,100-vehicle fleet scale

Workhorse released a post-merger corporate presentation following its merger with Motiv Electric Trucks, stating the transaction closed in December 2025. The company estimates the medium-duty commercial truck market at USD 23 billion and said it has delivered more than 1,100 vehicles with more than 20 million cumulative miles driven. Workhorse also cited USD 860 million of total historical invested capital and USD 50 million in new debt financing tied to the merger. It said operating data from its Stables by Workhorse FedEx contractor fleet showed 64% lower operating cost versus internal combustion vehicles and reported 95% uptime.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Workhorse Group Inc. published the original content used to generate this news brief on March 09, 2026, and is solely responsible for the information contained therein.

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