Workhorse C-Series All-Electric Delivery Trucks Achieve Premium Range For Last-Mile Delivery
PR Newswire
CINCINNATI, Sept. 24, 2020
CINCINNATI, Sept. 24, 2020 /PRNewswire/ -- Workhorse Group Inc. (Nasdaq: WKHS) ("Workhorse" or "the Company"), an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last-mile delivery sector, today announced that its C-Series all-electric delivery trucks have achieved an improved and industry-leading range. New data from testing showed that Workhorse's 2020 model year C-1000 Extended Range achieved a maximum of approximately 160 miles per charge under urban situations.
In July, the Company announced that it had been awarded Executive Order: A-445-0003 from the California Air Resources Board ("CARB"), which designates the C-Series trucks as zero-emission vehicles in the state of California. As part of the Executive Order approval process, each vehicle under consideration was required to be tested through the Environmental Protection Agency's ("EPA") prescribed Urban Driving Cycle and Highway Driving Cycle.
"Achieving a 160-mile range has been a goal of ours and the last-mile delivery sector at large for quite some time as it significantly expands the addressable market for our solutions," said Workhorse CEO Duane Hughes. "As the only purpose-built last-mile EV delivery truck with a light-weighting design, we are competitively positioned to be more efficient with a smaller battery pack configuration compared to other EVs and can handle the stop-and-start nature of last-mile delivery more effectively than traditional ICEs. By extending vehicle range and keeping production costs in line with competitors, we have opened up an extended range of possibilities in suburban and rural locations. Additionally and equally important, the related charging and infrastructure costs are now lowered, which will further reduce the total cost of ownership for potential customers." |
