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plant News. Oct 13, 2020 Mar 29, 2021 the USPS awarded a contract to Oshkosh Corp to build a mix of gasoline- powered and electric vehicles instead of choosing Workhorse  Mar 18, 2021 WKHS stock investors pinned all their hope on one major contract that fell through, now it may only hope for a small order win. Mar 1, 2021 Workhorse lost the USPS contract, resulting in WKHS stock crashing this week, but the company has other customers for its EV delivery vans. Mar 3, 2021 Commercial electric-vehicle maker Workhorse meets with the USPS Wednesday to discuss its contract bid loss to Oshkosh. After a rigorous evaluation process, the Postal Service today awarded contracts to six prime suppliers who together will produce 50 prototype vehicles as part of  Mar 1, 2021 The Postal Service said the program would launch “the most dramatic modernization of the USPS fleet in three decades.” Under the terms of the  Jan 13, 2021 Except the problem is that Workhorse is a “brainer” as evidenced by the USPS delaying the contract decision to sometime in the second fiscal  Aug 6, 2019 He said getting access to the plant could be a “potential game changer” in winning the Postal Service contract potentially worth upwards of $6.3  Feb 8, 2021 According to WKHS bulls, Workhorse Is the only EV (electric vehicle) option for the USPS NGDV contract. They assume that the other two bidders,  Mar 4, 2021 The Loveland, Ohio-based Workhorse was stunned last week when the Postal Service awarded a 10-year contract initially worth $482 million to  Mar 9, 2021 Last month, the USPS rejected a bid from Workhorse Group for an all-electric delivery fleet.

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Amid heightened volatility, the stock was 2021-03-09 2021-02-25 2020-12-03 2021-03-12 2021-03-09 2021-01-26 Workhorse shares lost nearly half their value on Feb. 23 after USPS said it would award Oshkosh Defense, a unit of Oshkosh Corp, the 10-year contract. Workhorse shares … 2021-03-09 2020-07-14 2021-02-24 2020-12-22 2021-02-24 2021-02-23 2021-03-01 2021-03-01 TRUMP NEEDS TO WIN THE STATE OF OHIO TO WIN THE PRESIDENTIAL ELECTION. Ohio is a … 2021-03-08 2021-02-24 usps contract leak?! HUGE WORKHORSE STOCK NEWS AND MOVES!Join my private Discord Channel - https://www.patreon.com/jackspencerinvesting4 FREE STOCKS on Webul 2021-03-08 Workhorse, of course, wants to overturn the award made to truck maker Oshkosh (OSK) or, at least, win part of the yearslong, multibillion-dollar contract. Figuring out if Workhorse will be 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.

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Arbetshästbeståndet faller kraftigt i USA: s premarknad idag efter att USPS (United När vi kom tillbaka till Workhorse-aktien var USPS-kontraktet ett viktigt  Missing out on the USPS contract had sent Workhorse's stock plunging 47.5% on Feb. 23 to $16.46, and the stock has lost another 9.4% since  The Ratings Game: Workhorse stock falls again as shock USPS contract loss prompts a downgrade, price target cut · 24 februari, 2021 0  United States Postal Service Postmaster General Louis DeJoy talar under en utredning om husövervakning och reformkommitté om  PING i2100 Irons – Pure Precision: Built for precision, distance control and workability, i210 Irons are a workhorse for scoring. PING Signs Bubba Watson to 'Lifetime' Contract, PING signs Sahith Theegala Shipped with USPS Priority Mail.

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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. Workhorse had been vying for the contract and was considered to be a likely contender to get at least part of it. Workhorse officials said Wednesday it has requested additional information from the However, on February 23, 2021, while the market was open, the USPS issued a press release entitled: U.S. Postal Service Awards Contract to Launch Multi-Billion-Dollar Modernization of Postal As InvestorPlace contributor Sarah Smith reported, on Feb. 23, 2021, Workhorse shares plunged nearly 50% because the United States Postal Service (USPS) awarded its fleet electrification contract Workhorse Group, Inc. (WKHS) Misled Shareholders About Its Ability to Obtain a Delivery Vehicle Contract With the USPS.

Burns told the Detroit News last week that he’s looking to raise $300 million to back the effort. Tom Colton, an outside spokesman representing Workhorse, said its plans for Lordstown aren’t contingent on winning the Postal Service contract. News • Mar 29, 2021. Hedge fund manager Bill Ackman says capitalism is 'the most powerful potential source' for solving society's problems, touts ESG investing 2021-02-24 · Workhorse, a small truck maker said he was shocked that the company wasn’t given part of the contract.
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Workhorse would in turn own a minority stake in Lordstown Motors. Burns told the Detroit News last week that he’s looking to raise $300 million to back the effort.

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.
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WKHS Shares Tumbles Almost 50%, Workhorse Group Loses USPS

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. It was widely expected that USPS contract decision will take place on October 13, but Workhorse today announced that it has entered into a note purchase agreement under which it will sell almost $200M aggregate principal amount of its 4.0% Senior Secured Convertible Notes due … 2021-02-24 2021-02-23 2021-02-24 2021-02-24 2021-02-23 News • Mar 29, 2021.


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After deliberating about a long-overdue modernization of its vehicle fleet for nearly a decade, the US Postal Service has awarded a 10-year contract to Wisconsin-based Oshkosh Defense to manufacture a new generation of postal 2021-03-01 · The Workhorse Group mail truck prototype. Electric truck manufacturer Workhorse Group said it is exploring ways to challenge losing a U.S. Postal Service contract to build the next-generation mail Deal Slippage from Workhorse Group Caused Gall in Shares The loss of the United States Postal Service contract by the Workhorse Group constitutes a major setback for the company, whose base case If Workhorse got the whole USPS contract, I think it could move the stock a lot. Probably the same if they got quite a large piece of the contract. But if they don’t get the contract, the stock could plummet for sure. But just to give some perspective, the USPS contract is valued at $6 billion and would result in the construction of 165,000 2021-03-01 · Workhorse CEO Duane Hughes said the EV startup will meet with the United States Postal Service on March 3rd after it lost the bid to build the new-generation mail truck.