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WORKHORSE GROUP INC.

(WKHS)
  Report
Delayed Nasdaq  -  04:00 2022-11-29 pm EST
2.090 USD    0.00%
11/16B.Riley Lowers GreenPower Motor's Price Target
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11/14Electric vehicle makers burning cash, slammed by sky-high costs
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11/09B. Riley Trims Workhorse Group's Price Target to $5 From $6, Keeps Buy Rating
MT
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Business Summary
Workhorse Group, Inc. is a technology company, which provides solutions to the commercial transportation sector. The Company designs and manufactures all-electric delivery trucks and drone systems, including the technology that optimizes the way these vehicles operate. It is an original equipment manufacturer, and its products are marketed under the Workhorse brand. All Workhorse last-mile delivery trucks are assembled in its Union City, Indiana production facility. Its products offering includes delivery vans, delivery drones and telematics. Its C-Series Vans are all-electric by design, with composite technology, and an approximately 100-mile range. Its delivery drones designed to be fully autonomous, as well as work in tandem with its all-electric delivery vans. This custom-built drone technology helps to deliver safety and efficiency to the doorstep. Its in-house, integrated system has information on approximately 8.5 million miles of tracking approximately 350 vehicles.

Number of employees : 221 people.
Sales per region
20202021Delta
United States1.39100%---
USD in Million
Managers
Name Title Age Since
Richard F. Dauch Chief Executive Officer, President & Director 60 2021
Robert M. Ginnan Chief Financial Officer 57 2022
Joshua Anderson Chief Technology Officer 44 2021
James D. Harrington Secretary & Chief Administrative Officer 60 2021
Matt Glover Investor Relations Contact - -
Pax Lindell Head-Sales - -
Anthony Furey Vice President-Finance 48 2019
Chris Nordh Vice President-Commercial Development - 2021
John W. Graber President-Aerospace 64 2021
Ryan Wesley Gaul President-Commercial Trucks 45 2021
Members of the board
Name Title Age Since
Raymond J. Chess Chairman 63 2015
Gerald B. Budde Independent Director 59 2015
H. Benjamin Samuels Independent Director 53 2015
Harry J. DeMott Independent Director 54 2016
Michael L. Clark Independent Director 49 2018
Jacqueline A. Dedo Independent Director 59 2020
Pamela S. Mader Independent Director 57 2020
William Gerald Quigley Independent Director 61 2022
Austin Scott Miller Independent Director 59 2022
Richard F. Dauch Chief Executive Officer, President & Director 60 2021
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 164,101,244 157,747,630 96.1% 0 0.0% 96.1%
Shareholders
NameEquities%
The Vanguard Group, Inc. 7,650,949 4.67%
SSgA Funds Management, Inc. 6,830,904 4.17%
Invesco Capital Management LLC 4,824,227 2.95%
ARK Investment Management LLC 3,999,408 2.44%
BlackRock Fund Advisors 3,595,543 2.20%
Geode Capital Management LLC 2,573,203 1.57%
Richard F. Dauch 2,205,115 1.35%
Northern Trust Investments, Inc.(Investment Management) 1,449,690 0.89%
Seaport Global Asset Management LLC 1,361,000 0.83%
Susquehanna Financial Group LLLP 1,210,927 0.74%
Company contact information
Workhorse Group, Inc.
100 Commerce Drive
Loveland, OH 45140-7726

Phone : +1.513.360.4704
Web : http://www.workhorse.com
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