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Workhorse Group Inc (Workhorse) is a technology company that designs, develops, manufactures, and sells high-performance, battery-electric vehicles, such as trucks, fleets, and aircraft. Workhorse's major products include the E-GEN and E-100 powertrain systems, which are integral to their medium-duty trucks. The company markets its products under the brand names Motiv and Workhorse. Its products are utilized by fleet operators across the automotive and logistics industries. The company operates through its manufacturing and engineering facilities located in Indiana and Michigan, the US. Workhorse is headquartered in Sharonville, Ohio, the US.
Headquarters
United States of America
Address
Suite 160E, 3600 Park 42 Drive, Sharonville, Ohio, 45241
Website
workhorse.com
Telephone
1 888 6465205
No of Employees
148
Industry
Automotive
Ticker Symbol & Exchange
WKHS (NASD)
Revenue (2024)
$21.2M
220.6%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
37%
(2024 vs 2023)
Market Cap*
$34.3M
Net Profit Margin (2024)
XYZ
80.4%
(2024 vs 2023)
* As of and is in US$
Products and Services
| Products | Brands |
|---|---|
| Medium-Duty Electric Trucks and Buses | Workhorse |
| Vehicle Components | Motiv |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In May, the company partnered with InCharge Energy to deliver an integrated one-stop shop support for customers across North America. |
| 2026 | Contracts/Agreements | In March, the company secured a purchase order from Purolator to deliver 100 fully-electric step vans. |
| 2026 | New Products/Services | In March, the company launched a new W56 Step Van model with a 140 kWh battery. |
Competitor Comparison
| Key Parameters | Workhorse Group Inc | Xos, Inc. | Phoenix Motor Inc | Hyliion Holdings Corp | Canoo Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Sharonville | Los Angeles | Ontario | Cedar Park | Torrance |
| State/Province | Ohio | California | California | Texas | California |
| No. of Employees | 148 | 99 | 159 | 113 | 651 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Matthew O’Leary | Chairman | Executive Board | - | - |
| Scott Griffith | Director; Chief Executive Officer | Executive Board | - | - |
| Jody Davis | Chief Financial Officer | Senior Management | 2026 | - |
| James Griffin | Chief Revenue Officer | Senior Management | - | - |
| Scott Zion | Chief Product and Engineering Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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