2021-02-23

Apr 22, 2020 A no-brainer stimulus idea: Electrify USPS mail trucks award a final production contract by 2018, with vehicles deployed by summer 2019.

Load Error Yet this battle is far from over. Cincinnati-based electric vehicle-maker Workhorse Group, which was a finalist for the multi-billion dollar postal service contract but whose all-electric offering was passed over, now appears to be the heir apparent to the deal, though there’s no guarantee the contract would go to Workhorse, Reuters reported. Workhorse stock is set to fly if they get any portion of this USPS NGDV contract. Talk about a big ticket, this contract is worth $6.3 Billion and 180,000 el WASHINGTON — Lordstown Motors isn't fazed by Tuesday's announcement that its affiliate and part-owner Workhorse Group was passed over for a multi-billion-dollar U.S. Postal Service contract. 2021-03-08 · Workhorse officials indicated late last week the company could take other action to try to get part of the USPS contract. They met Wednesday with USPS representatives to talk about the contract and 2021-03-09 · Mar 9th 2021 at 9:30AM 0 Comments Workhorse Group rose as a House panel made plans to examine the U.S. Postal Service’s awarding of a blockbuster truck-building contract to Oshkosh Corp.

Currently, the roughly $6.3 billion fleet 2020-10-08 2020-10-30 2021-01-09 2021-02-18 Stock in Workhorse, the only contract bidder offering an all-electric option, was on Wednesay. Shares were off about 21%, falling to $19.83 near midday. It is a steep drop, but the higher stocks 2021-02-09 2021-03-08 Last month, U.S. Postmaster General Louis DeJoy said USPS was committed to having EVs make up at least 10% of its new fleet. The lawmakers said "even the 10% target is highly questionable." DeJoy defended the decision to award the contract to Oshkosh, telling Reuters last week he was briefed after the decision had been made. 2021-02-24 The United States Postal Service revealed last month that it had chosen Oshkosh Defense to make the next USPS mail truck, which meant that Workhorse, another bidder for the contract, lost. And Everyone who is anyone was expecting some kind of news on Monday morning when it comes to Workhorse (WKHS) stock.

Figuring out if Workhorse will be 2021-02-24 · Oshkosh beats Workhorse for USPS contract, new vehicles may use fossil fuel powertrains Posted February 24, 2021 by Charles Morris & filed under Newswire , The Vehicles .

In winning the USPS contract, Workhorse will cement itself as a viable leader in the electric delivery van market. At the same time, thanks to the USPS partnership, Workhorse will likely be able to

Earlier this year, the Loveland, Ohio, startup said that Pride Group Enterprises would buy 6,320 C-Series all-electric delivery vehicles. 2021-02-24 · Workhorse Group to Fight $6 Billion Contract Loss to Oshkosh (LLV) was supposed to have a 24-year life span, but was kept on life support as the USPS kept delaying the contract. Many Workhorse bulls have pinned their hopes on Workhorse being awarded all or part of the U.S. Postal Service Next Generation Delivery Vehicle contract, which some estimates say could be worth as More contracts and even winning a portion of the USPS deal will set up Workhorse for a bright future in the EV delivery truck sector without needing to hit these initial financial targets.The 2021-01-08 · More contracts and even winning a portion of the USPS deal will set up Workhorse for a bright future in the EV delivery truck sector without needing to hit these initial financial targets.The Shares of Workhorse Group [WKHS] dropped 8.3% in extended trading after falling nearly 50% on Tuesday. The massive selling in WKHS stock came after the electric delivery van maker lost a multi-billion dollar U.S. Postal Service (USPS) contract to rival, Oshkosh Corp.

The loss of the United States Postal Service contract by the Workhorse Group constitutes a major setback for the company, whose base case scenario lies in.

At the same time, thanks to the USPS partnership, Workhorse will likely be able to A particular prospect that raised its share price from less than $2 in March to more than $40 this month was its bid for a big contract from the United States Postal Service to start replacing the Workhorse shares are down nearly 50 percent after losing the deal for a new fleet contract with the USPS. Frank Holland joins 'Closing Bell' to report. WASHINGTON — Lordstown Motors isn't fazed by Tuesday's announcement that its affiliate and part-owner Workhorse Group was passed over for a multi-billion-dollar U.S. Postal Service contract. Though Workhorse was one of only a handful of companies the postal service could have chosen to make its next generation of delivery vehicles, the Cincinnati-based automaker didn't reach the finish line. Workhorse raised a ton of money in 2020 To that end, Hughes and Schrader spoke at length about how Workhorse now has more than 8,000 orders for its commercial electric delivery trucks and how it New USPS funding bill may give Workhorse an opportunity for $6B contract. The bill would earmark $6 billion for the U.S. Postal Service to modernize its fleet, and require electric or zero-emission vehicles make up at least 75 percent of the new fleet, according to Reuters. WASHINGTON — A U.S. House bill introduced Monday offers the U.S. Postal Service $6 billion to replace its aging fleet with mostly electric or zero-emission vehicles, seemingly contrasting a previous deal struck last While the government continues to delay the awarding of the estimated $6.3 billion contract, Workhorse signed a deal with Pride Group Enterprises for 6,320 C-Series all-electric delivery vehicles.

Last month, U.S. Postmaster General Louis DeJoy said USPS was committed to having EVs make up at least 10% of its new fleet. The lawmakers said "even the 10% target is highly questionable." DeJoy defended the decision to award the contract to Oshkosh, telling Reuters last week he was briefed after the decision had been made. Life after the USPS contract. If Workhorse wins the USPS contract, the company would need to make a lot of changes in order to effectively compete in an increasingly crowded EV delivery van sector If Workhorse somehow won even part of the USPS contract then they do not have the facilities, equipment, or expertise to fulfill it according to USPS requirements and expectations," reads the report.
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Update 1537EST: The stock has been halted lower a fourth time. Good thing there's only 23 minutes left in the cash session. -- Shares of Workhorse imploded on Tuesday afternoon… 2021-02-26 · Under the contract’s initial $482 million investment, Oshkosh Defense will finalize the production design of the USPS's Next Generation Delivery Vehicle (NGDV) — a purpose-built, right-hand 2021-02-24 · Electric-vehicle maker Workhorse Group Inc. shares fell on Wednesday, extending its decline to about 52% in two trading sessions, after losing out on a key contract from the U.S. Postal Service. Workhorse (WKHS) Loses Its Mojo While Microvast Gains as Oshkosh (OSK) Wins the USPS Next Generation Delivery Vehicle (NGDV) Contract By Rohail Saleem Feb 23, 2021 15:46 EST The United States Postal Service revealed last month that it had chosen Oshkosh Defense to make the next USPS mail truck, which meant that Workhorse, another bidder for the contract, lost.

The massive selling in WKHS stock came after the electric delivery van maker lost a multi-billion dollar U.S. Postal Service (USPS) contract to rival, Oshkosh Corp. USPS Contract. USPS was selecting a company to contract with for its future delivery vehicles. Workhorse Group was one of the top four finalists being eyed by USPS for the ten-year contract.
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Aug 13, 2020 The USPS had been aiming to make a decision last year, but had do delay Workhorse, the company that launched electric pickup startup

Didn't the USPS get like $7B for upgrading to electric cars??? Workhorse coming soon I really hope they pick the right Workhorse. lol Could you explain how the ICE Ford/Oshkosh is going to win a contract for an ELECTRIC (as $WKHS Workhorse Rises After Lawmaker Seeks Probe of Big Oshkosh Trade #otonom #ElectricVehicles karsan #karsn #usps #wkhs #electricbus #2021 .com/news/yorkshire/quickline-awarded-14.5m-broadband-rollout-contract .com/what-is-the-right-method-to-download-steam_api-dll-for-a-gaming-workhorse/ .gizbot.com/apps/features/10-best-selfie-apps-and-their-usps-042665.html distance control and workability, i210 Irons are a workhorse for scoring. PING introduces G425 drivers, fairways, hybrids, irons and crossovers, PING Signs Bubba Watson to 'Lifetime' Contract, PING Shipped with USPS Priority Mail. During her regency, she kept thorough records of her contracts and accounts.