WorkHorse Stock Updates Now Is The Time To Mulitply Your Money WKHS

4 years ago
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https://octopusmoneymultipliers.com/2020/08/09/workhorse-stock-updates-now-is-the-time-to-mulitply-your-money-wkhs/

April 2020: Expanded the Company’s HorseFly™ patent portfolio by filing a provisional application, which is intended to protect the Unmanned Aerial System (UAS) and several of the UAS’s key components and capabilities, including the ground control station, winch deliveries and aircraft structure.
March 2020: Showcased the Company’s new C650 all-electric step van at the NTEA Work Truck Show in Indianapolis.
February 2020: Awarded ISO 9001:2015 certification for the Company’s quality management system and received a U.S. Environmental Protection Agency (EPA) Certificate of Conformity for each C-Series all-electric delivery truck, the latter providing Workhorse vehicles the right and authority to operate on U.S. roads and highways.

SUPER key Factors On Why WorkHorse Can Multiply Our Money:

They Just got $110 Million CASH:

This financing gives us almost $110 million of cash to support our accelerated production efforts and working capital needs. With the first two C-Series trucks officially sent to Ryder Systems earlier this week, production and delivery are now underway. While the majority of our annual targeted deliveries will be in the fourth quarter, the certifications from the EPA and the California Air Resources Board expand our early technology leadership position as the only fully permitted, last-mile EV OEM with outstanding sales orders currently building vehicles for commercial use across the country.—Workhorse CEO Duane Hughes

USPS Pending Contract for $6 Billion Dollars:

Then Sec. 50002 gets more specific about how the $6 billion for vehicles must be used:

Requires the Postal Service to use any of the authorized funds to purchase electric or zero-emission vehicles to replace its current right-hand-drive vehicles to the maximum extent practicable. However, at least 75 percent of the new fleet must be such vehicles. The section would also require that the fleet of medium and heavy-duty trucks consist of at least 50 percent of electric vehicles by 2030 and that any vehicle purchased after 2040 be electric or zero-emission.

“The section would require the Postal Service to provide at least one charging station at each publicly accessible facility it owns or leases by 2026 and ensure that it has adequate charging facilities to keep its fleet operating.”

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