Workhorse Group Inc. (NASDAQ: WKHS) Targeting Last-Mile Delivery Sector with Drone-Integrated EVs
Workhorse Group designs and builds high performance battery-electric vehicles, including trucks and aircraft. The company develops cloud-based, real-time telematics performance monitoring systems that are fully integrated with its vehicles and enable fleet operators to optimize energy and route efficiency. In April 2020, the company partnered with UPS to determine how Workhorse’s unmanned aerial systems can assist medical professionals in the fight against the coronavirus. Leaders see the company’s autonomous drones as a valuable solution. Workhorse is now the first and only medium duty battery-electric vehicle original equipment manufacturer to receive approvals from both the Environmental Protection Agency and the California…