Workhorse Group (WKHS) announced that Progressive Manufacturing Company, PMC, has joined its growing dealer network. PMC is a second-stage manufacturer and distributor specializing in equipping commercial vehicles with highly specialized technology. As part of this partnership, Progressive Manufacturing has signed a purchase order for a Workhorse W56 step van and W4 CC cab chassis, which will be used as demonstration units by their contracted sales team. Both will showcase EnviroCharge’s mobile DC fast chargers, providing a groundbreaking solution for off-grid fleet EV charging using clean energy sources.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WKHS:
- Workhorse Group’s independent accounting firm declines reappointment
- Workhorse Group files to sell $2M of senior secured convertible notes due 2025
- Workhorse Group price target lowered to $1 from $1.25 at Roth MKM
- Workhorse Group’s Financial Struggles Threaten Operations Amid Capital Shortage
- Workhorse Group price target raised to $1.25 from 25c at TD Cowen