(USPS) So in any scenario, Workhorse loses, and the $1.8B bubble eventually will deflate. Postal Service advanced mail truck contract, said the team has broken up. Postal Service for its Next Generation Delivery Vehicle, which could be for as many as 180,000 vehicles, the analyst said. Many Workhorse bulls are counting on the potential US Postal Service contract to be the panacea that cures all ills. Postal Service (USPS) contract. As stated in the preamble, the entire EV sphere has been on a tear lately, racking up significant gains in the process. Then there is the $6.3 billion United States Postal Service contract that is up for grabs in 2020.

3 billion contract with USPS, said Workhorse CEO Duane Hughes. Workhorse is already selling their vehicles to major companies including UPS, DHL, and FedEx and they're looking to secure a contract with USPS. The contract calls for 180,000 trucks to be delivered over five to seven years at a price between $25,000 and $35,000 each, which means it could be worth as much as $6.3 billion to the winner. Bequemer Schnitt und vorgewaschenes robustes Canvas. As a refresher, the USPS is Another major factor is the upcoming listing of Lordstown Motors. Currently priced at $17.43, WKHS sports a rich market cap of $1.8B with no real revenues, solely based on aggressive future expectations. Read more at Car and Driver.

Workhorse submitted a proposal for what could be a $6 billion contract for electric vehicles by: Stan Boney Posted: May 18, 2020 / 10:46 PM EDT / Updated: May 18, 2020 / 10:46 PM EDT

One of the five finalists is a truck from a partnership between commercial truck specialist VT Hackney and Workhorse. First, investors appear to be banking on the probability that Workhorse will become a part of a $6 billion U.S. Workhorse will get a cut of any sales of that truck and 1 percent of any equity raise that the startup, called Lordstown Motors, is able to secure. Bears doubt that Workhorse can ever become a profitable vehicle producer to the extent that it would justify today's valuation. Will Workhorse stock double or triple? Ohio is a swing state, and Trump wants to get re-elected. A number of factors are responsible for the current lofty valuation of Workhorse shares. Further, Workhorse Group is well cut out for the massive USPS contract. First, investors appear to be banking on the probability that Workhorse will become a part of a $6 billion U.S. As a refresher, Lordstown Motors This comes on the heel of a string of positive announcements lately.

All the secrets of why Trump might give the contract to Workhorse to win votes. Will Workhorse win the $6 billion USPS deal?

Postal Service (USPS) contract. Workhorse is well-positioned for the potential contract from the U.S. It would seem unlikely that the USPS will allocate 100% of the contract to Workhorse. The US Postal Service is getting ready for a … Commenting on the implications of this designation, Workhorse CEO, Duane Hughes, Similarly, on the 23rd of July, Workhorse announced that it landed an initial purchase order of 20 all-electric C-1000 delivery vehicles from trucking company eTrucks, thereby, allowing the company to expand its order book and sales reach.Some posts on Wccftech.com may contain affiliate links. Stock quotes data provided for free by

Workhorse Group Inc., the small Ohio company paired with VT Hackney to compete for the multi-billion-dollar U.S. 100% Upvoted. The bulls see this as a further impetus for Workhorse to be awarded the USPS contract.

We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com The competitive bidding process for the USPS contract would lead to substantial losses for Workhorse to win the contract. Rawlings WHWB2 Royal Bag Wheeled Deluxe Workhorse Gear 083321118982. The risks seem too high. For instance, Tesla (However, on a more granular level, two factors seem to have produced the vast quantum of alpha for Workhorse stock. As a consequence, consumers speculate that old mail trucks may become widely available for sale. Workhorse said will pay VT Hackney $7 million for certain intellectual property and engineering assets and that the companies are no longer working together. For instance, on the 28th of July, Workhorse announced that its C-Series all-electric delivery trucks have been deemed eligible for the Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project program by the California Air Resources Board (CARB). © 2020 NewAge ADS, LLC. All rights reserved.


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