Workhorse Group is an innovative transportation company that focuses on developing electric vehicles, primarily for the commercial delivery sector
The company designs and manufactures electric vans and trucks, incorporating advanced technology and sustainable practices to provide efficient and environmentally friendly transportation solutions. In addition to vehicle production, Workhorse is engaged in creating smart, connected solutions that optimize logistics and fleet management, supporting a transition towards cleaner energy and reducing the carbon footprint of the delivery industry. Their commitment to sustainability and innovation positions them as a key player in the evolving electric vehicle market.
PALM BEACH, Fla., Oct. 02, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The Artificial Intelligence (AI) in Drone Technology Market is projected by industry experts to continue to substantially increase in the next several years. They say that enhanced autonomy and intelligence will drive market growth. A recent report from market.us said: “The integration of AI into drone technology will significantly drive the growth of the AI in Drone Technology market. One of the primary factors is the enhanced autonomy that AI brings to drones.” The report said: “AI algorithms enable drones to perform complex tasks independently, such as navigating through challenging environments and avoiding obstacles without human intervention. This capability is crucial in sectors like agriculture, where AI-powered drones can monitor crop monitoring and optimize resource use, leading to higher yields and reduced waste. Moreover, AI improves the intelligence of drones, allowing them to analyze data in real time and make instant decisions. This is particularly beneficial in emergency services, where drones equipped with AI can conduct search and rescue operations efficiently by covering large areas quickly and identifying individuals in need of help through advanced imaging techniques.” It continued: “Additionally, AI’s role in data collection and processing is transformative. Drones can gather vast amounts of data and, using AI, analyze it to provide actionable insights. For example, in infrastructure inspection, AI-powered drones can detect faults such as cracks or corrosion in real time, helping to prevent costly repairs and ensuring safety. Drones equipped with AI can collect and analyze vast amounts of data, providing actionable insights in real time. This trend is particularly valuable in industries like construction, mining, and environmental monitoring, where timely data is critical for decision-making.” Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), Safe Pro Group Inc. NASDAQ: SPAINASDAQSPAI)(NASDAQ: KTOSNASDAQKTOS, Workhorse Group Inc. (NASDAQ: WKHSNASDAQ), Ondas Holdings Inc. (NASDAQ: ONDSONDS).
Workhorse Group is turning a corner with production ramping on its new line of vehicles, Mullen Automotive lags behind and may have a hard time catching up
Palm Beach, FL – October 26, 2022 – FinancialNewsMedia.com News Commentary: As the Electric Vehicle (EV) market grows over the coming years, NOW is the time for new entrants to enter into the manufacturing sector… new business opportunities that evolve as e-mobility grows. The automotive industry comprises a wide range of companies and organizations involved […]
The market is moving higher with "better than expected" inflation news providing the fuel. Here are some stocks we believe you should look at this week
Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Workhorse Group, Inc. (NASDAQWKHS) on behalf of long-term stockholders following a class action complaint that was filed against Workhorse on March 8, 2021. Our investigation concerns whether the board of directors of Workhorse have breached their fiduciary duties to the company.
Palm Beach, FL – August 17, 2021 – FinancialNewsMedia.com News Commentary – Widespread global concerns regarding the negative effect of climate change along with alarming pollution levels recorded in major cities have created a significant demand for electric vehicles (EV). The rise in petrol and diesel prices has added to the demand for fuel-efficient vehicles. This rise in fuel prices is due to depletion of fossil fuel reserves and growth in tendency of companies to gain maximum profit from these oil reserves. All these factors have cumulatively shot up the need for advanced fuel-efficient technologies, leading to a surge in demand for electrically powered vehicles for travel. Increasing global concerns regarding the negative effect of climate change along with alarming pollution levels recorded in the major cities have created a significant demand for electric vehicles. A major factor behind the growth of electric vehicles is the support provided by the various governmental agencies to encourage the sale of these vehicles. This factor has driven the growth of the electric vehicle battery market globally. A report from Allied Market Research said that the global electric vehicle battery market is projected to reach at $84 million by 2025, growing at a CAGR of 17.2% from 2018 to 2025. Active stocks in the markets this week include XPeng Inc. (NYSEXPEV), Spey Resources Corp. (CSE: SPEY) (OTCPK: SPEYF), Tesla, Inc. NASDAQ: TSLANASDAQTSLA)(NYSE: NIONYSENIO, Nikola Corporation (NASDAQ: NKLANASDAQ).
San Diego, CA -- (SBWIRE) -- 06/15/2021 -- Certain directors of Workhorse Group Inc. are under investigation concerning potential breaches of fiduciary duties.
Palm Beach, FL – June 15, 2021 – Today, with the increasing concerns raised over the environmental impact of conventional vehicles, governments around the world are encouraging the adoption of vehicles using alternative sources of fuel. EVs are zero-emission vehicles and are gaining preference for clean public transport across countries. Lithium-ion batteries are the most common battery type used in modern electric vehicles. These batteries have higher energy density compared to lead-acid or nickel-metal hydride batteries. Their compact size makes them preferable in the automotive industry. with the increasing concerns raised over the environmental impact of conventional vehicles, governments around the world are encouraging the adoption of vehicles using alternative sources of fuel. EVs are zero-emission vehicles and are gaining preference for clean public transport across countries. Several national governments offer financial incentives, such as tax exemptions and rebates, subsidies, reduced parking/toll fees for EVs, and free charging, to encourage the adoption of EVs. Thus, globally the requirement of EV battery is gaining fast pace. A report from MarketsAndMarkets said that the global EV battery market is projected to grow at a CAGR of 25.3% from USD 27.3 billion in 2021 to USD 67.2 billion by 2025. Increasing demand of electric vehicles, improvement in battery technology, supporting government policies and regulations, and launch of new plug-in EV models are factors responsible to drive the EV battery market. Active stocks in the markets this week include Millennial Lithium Corp. (OTCQB: MLNLF) (TSX-V: ML), Tesla, Inc. (NASDAQTSLA), NIO Inc. NYSE: NIONYSENIO)(NYSE: CCIVNYSECCIV, Workhorse Group Inc. (NASDAQ: WKHSNASDAQ).
San Diego, CA -- (SBWIRE) -- 05/10/2021 -- A Deadline is coming up on May 7, 2021 in the lawsuit for certain investors in Workhorse Group Inc. (NASDAQWKHS).
