Workhorse Group Inc (WKHS)

[uksausage]

pretty sure USPS contract got caught up in all the politics of the last 6 months. It is still taking weeks to deliver mail.

The new administration would need to review the process and I suspect divide they have to give everyone some business just to avoid law suits.


While that is happening WKHS is reinforcing its position by scaling up manufacturing output weekly of the C650 and C1000 eVans. Any USPS contract would include the build out of a production line and associated fabrication machines etc. They have said they can deliver the USPS form their current facilities but as you state RIDE is a fall back option.

remember WKHS is one of the few delivering fleets with vehicles - Rivian is to Amazon as well - not just pilot vehicles they are passed that stage

wish we had an update on the drone delivery though... Robinhooders would love that