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Workhorse Announces Merger with Motiv Electric Trucks, Aiming to Lead North American Medium-Duty EV Market
2025-08-19 /
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Author：小编
In pre-market trading on Monday, shares of Workhorse Group (WKHS) dipped 1.8% following the company's announcement of its merger with Motiv Electric Trucks. The strategic union aims to establish Workhorse as a premier Original Equipment Manufacturer (OEM) in the North American market for medium-duty electric trucks. Workhorse, a company specializing in the design, production, sale, and leasing of battery-powered electric vehicles and aircraft, anticipates achieving $20 million in synergies by 2026 as a result of this merger.
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