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WorkHorse Electric Vehicles For UPS

Workhorse puts electric pickup development on hold - electrive.com

With the W-15 the US manufacturer Workhorse wanted to launch an electric pickup with a range extender. As the company has now confirmed to electrive, the pickup project was discontinued several months ago.

The W-15 was offered at prices starting at 52,500 dollars, and according to the company there were already over 6,000 pre-orders. The W-15 should be able to drive up to 130 kilometers with the power from the battery, the range extender should increase the soft range by up to 500 kilometers with one tank filling. The W-15 was designed for craftsmen and other professional users: A 7.2 kW socket was to be used to power electrical machines on remote construction sites, for example, using the current from the drive battery.

But this is not going to happen. When asked by electrive, a spokesman confirmed that the W-15 was “no longer an active project for Workhorse”. “We had a change in management about a year ago and the decision was made to continue our core business with vans and last-mile delivery systems,” the spokesman continued.

The change in leadership mentioned above concerns Steve Burns. The manager has not only founded Workhorse, but in the meantime also launched Lordstown Motors. Workhorse, which now wants to build its vans for UPS, among other things, has experienced financial problems. But Burns has stuck to the electric pickup project with Lordstown – and took his previous knowledge with him. As Daniel Zito, Vice President Business Development at Workhorse, confirmed to electrive, the company has licensed the technology from the W-15 program to Lordstown Motors Corporation.

According to American reports, Lordstown has also taken the pre-orders from Workhorse. The acquisition of the technology also explains how Lordstown is able to achieve the relatively short time span between the announcement of the project and the targeted start of production in November or December this year. However, the W-15 will not only be redesigned, but the technology will also be rebuilt: The Endurance will be a pure E-pickup with four E-motors and a total output of 450 kW. The range extender has been cancelled without replacement.

By the way, Workhorse also has an interest in Lordstown bringing the Endurance to the market – firstly because of the license fees, and secondly because Workhorse has a ten per cent share in Lordstown.

According to a US report Lordstown Motors has already transferred 12.2 million dollars to Workhorse last year. According to the report, Lordstown pays Workhorse a license fee of one per cent of the gross sales price for the first 200,000 vehicles sold. For the first 6,000 vehicles – the transferred pre-orders – Workhorse also receives a commission of four per cent of the gross sales price.

My apologies if this has been posted elsewhere (please delete/move if I should be posting in another thread), but Workhorse obviously did not get the USPS bid (it went to Oshkosh...who is only committing to producing ~10% of the fleet as EVs, which is odd).

Anyway, Workhorse released its earnings report this week for Q1 - Workhorse Group Reports First Quarter 2021 Results

Though we are certainly making steady progress in improving our vehicle manufacturing throughput, we are adjusting our 2021 production estimate to 1,000 units.

Sales for the first quarter of 2021 were recorded at approximately $521,000 compared to approximately $84,000 in the first quarter of 2020. The increase in sales was primarily related to an increase in trucks delivered. There were a total of six trucks delivered in the first quarter.

They delivered a whopping six trucks and are guiding for 1,000 total in 2021. The lack of the USPS contract seems to have nearly killed their entire business.

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