Workhorse Group Inc. (NASDAQ: WKHS) hopes to borrow money to scale production of its composite-body electric trucks even as growing interest in its patented truck-based Horsefly drone could accelerate its business plan.
The Cincinnati-based last-mile delivery company said Wednesday it conducted 54 Horsefly test missions with United Parcel Service (NYSE: UPS) and the Virginia Center for Innovative Technology in late April.
“Interest has ballooned due to the COVID-19 virus, the individual state...
https://www.freightwaves.com/news/workhorse-looks-to-scale-electric-truck-production-with-video