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WorkHorse 2nd Quarter Earnings Call Information WKHS New Info
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Today's Video:
https://octopusmoneymultipliers.com/2020/08/10/workhorse-2nd-quarter-earnings-information-wkhs/
should workhorse be lucky enough to win some of the contract if not the whole thing – meet any capacity level – we will look at the capitol it would take to automate systems and we would look at other areas where we could do sub building and sub contracting. Lordstown is a great example of that, where we could take a large portion of that facility. And possibly do it for a lower cost than what we could do it for.
Clearly we have been evaluating that and that is part of our long term strategy. Shares components from other suppliers.
The 6 protypes we delivered to the USPS ALL had hub motors!!
Hub Motor technology from LORDSTOWN Endurance!
Partnership with Duke is above and beyond infrastructure – they can oporate within our channel partner world and side by side with our channel partner
We can’t talk to other things right now as they aren’t publically available
Workhorse Group forms alliance with Duke Energy to support faster adoption and scaling of fleet electrification
08 April 2019
Workhorse Group Inc. and Duke Energy entered into an alliance to offer fleet electrification (eFleet) solutions to existing and future Workhorse customers, including the development of the EV infrastructure requirements for its current and future blue chip customers including both commercial and government fleets.
Potential offerings include single-point management and financing of all the Behind the Meter (BTM) infrastructure necessary to support depot-wide electrification, vehicle financing/battery management programs, solar and energy storage and other distributed energy resources.
Workhorse believes these eFleet solutions will help reduce the overall costs of fleet electrification and accelerate the adoption of electric vehicles into commercial and government fleets. By creating this alliance, Workhorse and Duke Energy will work to reduce the risk and complexity of placing significant orders for Workhorse vehicles and the scaling up of related EV infrastructure.
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