SPECULATION STOCKS

[kiy]

WKHS (T/$5) Workhorse Group Inc., a technology company, engages in the design, development, manufacture, and sale of electric medium duty trucks and unmanned aerial delivery systems that are integrated with electric vehicles. The company's products are used for commercial step vans in package delivery, product delivery, laundry and uniform service, food service, utility, and special use industries; medium duty buses, including para-transit, shuttle, and school buses; special use vehicles, such as emergency vehicles, wreckers, construction equipment, communications equipment, and military base application vehicles; and recreational vehicles. It also produces chassis with electric, propane, compressed natural gas, and hybrid configurations, as well as gasoline drive systems. The company was formerly known as AMP Holding Inc. and changed its name to Workhorse Group Inc. in April 2015. Workhorse W-15 light duty platform design is an extension of the E-Gen electric technology used in Workhorse medium-duty delivery trucks, and is believed to be the first plug-in range-extended electric pickup built from the ground up by an original equipment manufacturer (OEM) in America. With an expected 80-mile all-electric range using Panasonic 18650 Li-ion batteries, the battery pack will cover the vast majority of miles driven in a day by fleet operators. If needed, the gasoline generator will initiate after battery power has been depleted, allowing additional range to complete the day's tasks. The W-15 will also feature the ability for utility fleets to power equipment directly from the vehicle's batteries, allowing a crew to complete their duties that require electricity without an external power source. With the goal of being the safest pickup truck in America for fleet operators, the W-15's safety features include an extra large crumple zone and lower center of gravity while still providing ground clearance. The W-15 also offers crash mitigation technologies, including automatic braking and lane centering. Once production commences, the W-15 is anticipated to have a $52,500 MSRP.



WKHS