Workhorse Group (NASDAQ: WKHS) continued to struggle in ramping production of its composite-body electric delivery vans, delivering just six units in Q1.
But the Cincinnati-based company said it has built 38 of its C-Series vans so far this year, most of those in April. Parts shortages and delivery uncertainty led to a downward revision in trucks Workhorse expects to build this year to 1,000 from 1,800.
“Bottlenecks within the global supply chain and offshore shipping delays of commodity raw...
https://www.freightwaves.com/news/production-ramp-up-pains-continue-as-workhorse-loses-1205m-in-q1