## Workhorse News for May 28, 2025
As of today, May 28, 2025, there have been no new press releases or breaking news specifically dated for today about Workhorse Group Inc. However, here are the latest and most relevant updates from May 2025 and recent weeks:
### 1. Workhorse Group Reports First Quarter 2025 Results
– **Content**: Workhorse released its Q1 2025 financial results earlier this month, providing details on company performance. Recent highlights include a total working capital of $8.2 million and $4.6 million in cash. Additionally, in February, Workhorse issued a $35 million convertible note and conducted a 1-for-12.5 reverse stock split to regain compliance with Nasdaq listing requirements.[1][4]
– **Date**: May 5, 2025
### 2. Expansion of National Dealer Network
– **Content**: Workhorse announced the expansion of its national dealer network by adding new locations in Washington (Range Truck Group) and Wisconsin (Ziegler Truck Group), which supports the distribution of their zero-emission vehicles. This move is part of their strategy to enhance market reach for the W56 EV step van and related products.[1][3][5]
– **Date**: May 2025
### 3. Deliveries Begin for Extended Wheelbase W56 Step Vans
– **Content**: Workhorse commenced deliveries of its new 208-inch extended wheelbase W56 step vans. The initial order, placed in 2024, includes 13 vehicles slated for a national uniforms and workplace supplies provider during 2025. The extended van is designed for enhanced range and cargo capacity for last-mile delivery fleets.[4]
### 4. Geotab Telematics Integration on W56
– **Content**: Workhorse has integrated Geotab’s advanced telematics tech into its W56 step van, enabling fleet managers to access comprehensive vehicle data and analytics to streamline operations and improve efficiency. This plug-and-play system is expected to help fleets optimize vehicle usage and charging schedules.[4][5]
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These are the most recent and relevant updates regarding Workhorse Group. There are no new press releases dated today, but the recent developments show ongoing efforts to expand their EV market footprint and improve vehicle offerings[1][4][5].