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Message: 1,100 orders from UPS for Workhorse electric delivery vans by UPS.. PR re: Workhorse Group Inc.

Workhorse Group Inc. (NASDAQ: WKHS) can begin ramping up production of its composite-body electric delivery van now that it has met federal safety standards.

Production of the C-Series 1,000- and 650-cubic-foot vans is trickling through assembly at Workhorse's plant in Union City, Indiana. Workhorse has about 1,100 orders pending with United Parcel Service (NYSE: UPS) and others. It expects to build 300-400 trucks this year absent supply chain issues.

Workhorse successfully completed Federal Motor Vehicle Safety Standards (FMVSS) testing for its C650 and C1000. The tests had been delayed by complications related to the COVID-19 pandemic. 

 

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