WKHS

Current Climate brings you the latest news about the business of sustainability every Monday. Sign up to get it in your inbox.

The average transaction price for EVs was $56,126 in July, according to Kelley Blue Book. That's a 1.6% increase compared to July 2025.

DETROIT, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (NASDAQ: WKHS) ("Workhorse" or the "Company"), an American Industrial Technology company today reported financial results for the second quarter ended June 30, 2026 and provided an update on its recent announcement about a new product line. “As we complete the final stages of merger integration, Workhorse is transforming from a pure-play manufacturer of electric commercial vehicles into a new, American industrial technology company built to serve critical commercial, government, defense, and infrastructure markets,” said Scott Griffith, CEO of Workhorse.

DETROIT, Aug. 04, 2026 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (NASDAQ: WKHS) (“Workhorse” or the “Company”), an American Industrial Technology company today announced that on August 3, 2026, the Human Resource Management and Compensation Committee of the Company's Board of Directors (the “Committee”) granted 56,250 restricted stock units (RSU) to one new non-executive employee under the Inducement Plan. The award was granted as an inducement material to the non-executive employee entering into employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4).

Henry Green of KraneShares explains why he remains bearish on Rivian (RIVN), pointing to challenges in the U.S. EV market and the expiration of tax credits. He also discusses global EV opportunities, including China, before Tom White outlines a bullish options strategy for Tesla (TSLA).

New product line targets a key segment of the rapidly growing mobile AI computing market Plans to leverage existing engineering, test and validation capabilities and utilize manufacturing operations at Union City, IN plant DETROIT, July 28, 2026 (GLOBE NEWSWIRE) -- Workhorse Group, Inc. (NASDAQ: WKHS) (“Workhorse”) today announced its intent to enter the mobile AI data center category with a new product: a turnkey, compute-ready, containerized mobile AI data center designed to meet the localized mobile AI infrastructure needs of distributed deployment applications worldwide. The new containerized mobile AI data center product line, which is currently in development, is intended to leverage Workhorse's existing engineering, software, testing, agile design and supply-chain capabilities as well as other cost synergies from manufacturing the new mobile AI data center product line at its plant in Indiana.

Noah Hamman sets the stage for Tesla's (TSLA) earnings after Wednesday's closing bell. His biggest point of focus: EV sales, which he believes will show growth thanks to international markets.

DETROIT, July 20, 2026 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (NASDAQ: WKHS) (“Workhorse” or the “Company”), a North American OEM and provider of all-electric trucks, step vans, shuttles and buses, today announced that on July 20, 2026, the Human Resource Management and Compensation Committee of the Company's Board of Directors (the “Committee”) granted 93,750 restricted stock units (“RSUs”) to Jody Davis under the Company's Inducement Equity Award Plan (the “Inducement Plan”) in connection with Mr. Davis's hiring and appointment as Chief Financial Officer. The award was granted as an inducement material to Mr. Davis entering into employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4).

Conference call scheduled for Thursday, August 13, 2026, at 4:30 p.m. Eastern time Conference call scheduled for Thursday, August 13, 2026, at 4:30 p.m. Eastern time

The California-based startup has struggled with sales, quality issues and turnover.