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Progressive Manufacturing Company Partners With Workhorse Group to Enhance Electric Commercial Vehicle Offerings

Progressive Manufacturing Company Partners With Workhorse Group to Enhance Electric Commercial Vehicle Offerings

漸進製造公司與Workhorse集團合作,提升電動商用車產品。
Quiver Quantitative ·  2024/12/10 21:43

Progressive Manufacturing Company becomes a Workhorse dealer, enhancing access to electric commercial vehicles with integrated EnviroCharge technology.

漸進製造公司成爲Workhorse經銷商,增強了對集成EnviroCharge技術的電動商業車輛的訪問。

Quiver AI Summary

Quiver AI 概要

Progressive Manufacturing Company (PMC) has partnered with Workhorse Group Inc. to become a dealer of their electric commercial vehicles, enhancing the options available for specialized fleets. PMC has placed a purchase order for Workhorse's W56 step van and W4 CC cab chassis, which will serve as demonstration models showcasing the integration of EnviroCharge's mobile DC fast chargers for off-grid fleet EV charging. This collaboration aims to leverage Workhorse's zero-emission platforms to meet the unique needs of various industries, including last-mile delivery and utility services. The partnership reflects PMC's commitment to innovative, purpose-built vehicle solutions and strengthens Workhorse's network of OEM upfit partners.

漸進製造公司(PMC)已與Workhorse Group Inc.建立合作關係,成爲其電動商業車輛的經銷商,從而增強了專用車隊的選擇。PMC已經下單購買Workhorse的W56步道車和W4 CC駕駛室底盤,這將作爲展示模型,展示EnviroCharge的移動直流快充電樁與離網車隊電動汽車充電的整合。這一合作旨在利用Workhorse的零排放平台,以滿足各種行業的獨特需求,包括最後一公里配送和公用事業服務。合作伙伴關係反映了PMC對創新、專用車輛解決方案的承諾,並增強了Workhorse的OEM改裝合作伙伴網絡。

Potential Positives

潛在的積極因素

  • Progressive Manufacturing Company (PMC) has joined the Workhorse dealer network, increasing the distribution of electric commercial vehicles to specialized fleets.
  • The partnership enables the integration of innovative technologies such as EnviroCharge's mobile DC fast chargers, enhancing the functionality of Workhorse vehicles for off-grid and remote applications.
  • PMC has placed a purchase order for Workhorse's W56 and W4 CC models to be used as demonstration units, showcasing their capabilities to potential customers.
  • The collaboration supports the expansion of the zero-emission vehicle market, aligning with Workhorse's strategy to strengthen American manufacturing and increase its OEM upfit partner network.
  • 漸進製造公司(PMC)已加入Workhorse經銷商網絡,增加了電動商業車輛對專用車隊的分銷。
  • 該合作使得創新技術的整合成爲可能,如EnviroCharge的移動直流快充電樁,增強了Workhorse車輛在離網和偏遠應用中的功能性。
  • PMC已經下單購買Workhorse的W56和W4 CC車型,作爲展示單元,向潛在客戶展示其能力。
  • 該合作支持零排放車輛市場的擴展,與Workhorse加強美國製造和增加其OEM改裝合作伙伴網絡的策略相一致。

Potential Negatives

潛在負面因素

  • The press release includes forward-looking statements that indicate substantial risks and uncertainties regarding the timely delivery of the vehicles, which could impact the company's credibility and operational timelines.
  • The mention of a need for integration of specialized equipment from EnviroCharge raises concerns about the dependency on third-party technology, which may affect the effectiveness and reliability of Workhorse's vehicles.
  • Workhorse's focus on expanding its dealer network highlights a potential need for increased distribution capabilities, suggesting current limitations in reaching broader markets.
  • 新聞稿包含前瞻性聲明,指明瞭關於及時交付車輛的重大風險和不確定性,這可能會影響公司的信譽和運營時間表。
  • 提到對EnviroCharge專業設備整合的需求引發了對依賴第三方技術的擔憂,這可能影響Workhorse車輛的有效性和可靠性。
  • Workhorse專注於擴大經銷商網絡,突顯了增加分銷能力的潛在需求,暗示在進入更廣泛市場方面存在當前的侷限性。

FAQ

常見問題

What is the significance of PMC becoming a Workhorse dealer?

PMC成爲Workhorse經銷商的意義是什麼?

PMC's dealership expands access to electric commercial vehicles, showcasing innovative applications for specialized fleets.

PMC的經銷商擴大了對新能源車的訪問,展示了專用車隊的創新應用。

Which Workhorse vehicles did PMC purchase?

PMC購買了哪些Workhorse車輛?

PMC signed a purchase order for the Workhorse W56 step van and W4 CC cab chassis for demonstration purposes.

PMC簽署了一個訂單,用於演示的Workhorse W56步行貨車和W4 CC駕駛室底盤。

What technology will be integrated with Workhorse vehicles?

將與Workhorse車輛集成什麼技術?

EnviroCharge's mobile DC fast chargers will be integrated, supporting off-grid EV fleet charging using clean energy.

EnviroCharge的移動直流快充設備將被集成,支持使用清潔能源進行離網新能源車車隊充電。

Where is Progressive Manufacturing Company located?

Progressive Manufacturing Company位於哪裏?

PMC is located in Union City, Indiana, near Workhorse's manufacturing facility, enhancing collaboration and distribution.

PMC位於印第安納州的聯合城市,靠近Workhorse的製造設施,增強了合作與分銷。

How does PMC enhance Workhorse's vehicle offerings?

PMC如何增強Workhorse的車輛產品?

PMC specializes in custom upfitting, extending the functionality of Workhorse's zero-emission vehicles for various industries.

PMC 專注於定製改裝,擴展 Workhorse 零排放車輛在各個行業的功能。

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

免責聲明:這是由GlobeNewswire分發的新聞稿的人工智能生成摘要。用於總結這份稿件的模型可能會出錯。請在這裏查看完整發布。


$WKHS Hedge Fund Activity

$WKHS 對沖基金活動

We have seen 2 institutional investors add shares of $WKHS stock to their portfolio, and 4 decrease their positions in their most recent quarter.

我們看到有 2 家機構投資者在最近一個季度增加了 $WKHS 的股份,4 家減少了他們的持倉。

Here are some of the largest recent moves:

以下是最近的一些重大變動:

  • ETHIC INC. added 15,268 shares (+inf%) to their portfolio in Q3 2024
  • IFP ADVISORS, INC removed 475 shares (-10.8%) from their portfolio in Q2 2024
  • GILLILAND JETER WEALTH MANAGEMENT LLC added 100 shares (+inf%) to their portfolio in Q3 2024
  • BENJAMIN F. EDWARDS & COMPANY, INC. removed 25 shares (-100.0%) from their portfolio in Q2 2024
  • CIBC PRIVATE WEALTH GROUP, LLC removed 24 shares (-100.0%) from their portfolio in Q2 2024
  • FINANCIAL GRAVITY ASSET MANAGEMENT, INC. removed 9 shares (-100.0%) from their portfolio in Q2 2024
  • ALPHAMARK ADVISORS, LLC added 0 shares (+0.0%) to their portfolio in Q3 2024
  • ETHIC INC. 在 2024 年第三季度增加了 15,268 股(+inf%)到他們的投資組合。
  • IFP ADVISORS, INC 在 2024 年第二季度從他們的投資組合中移除了 475 股(-10.8%)。
  • GILLILAND JETER 資產管理有限責任公司在 2024 年第三季度增加了 100 股(+inf%)到他們的投資組合。
  • 本傑明F. 埃德華茲公司在2024年第二季度從其投資組合中減持了25股(-100.0%)
  • 加拿大帝國商業銀行私人財富集團在2024年第二季度從其投資組合中減持了24股(-100.0%)
  • 金融重力資產管理公司在2024年第二季度從其投資組合中減持了9股(-100.0%)
  • 阿爾法馬克顧問公司在2024年第三季度向其投資組合中增加了0股(+0.0%)

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

要跟蹤對沖基金的股票投資組合,請查看Quiver Quantitative的機構持有情況儀表。

Full Release

完整發布




Progressive Manufacturing Company (PMC) has become a Workhorse dealer, expanding the availability of electric commercial vehicles to specialized fleets.



漸進製造公司 (PMC) 已成爲Workhorse經銷商,擴大了電動商用車在專業車隊中的可用性。




The partnership enables integration of equipment from EnviroCharge for specialized applications.



該合作關係使EnviroCharge的設備能夠集成到專業應用中。




PMC has signed a purchase order for Workhorse's W56 and W4 CC vehicles which will become demo models.



PMC已經簽署了Workhorse的W56和W4 CC車輛的採購訂單,這些車輛將成爲演示模型。



CINCINNATI, Dec. 10, 2024 (GLOBE NEWSWIRE) --



Workhorse Group Inc.




(Nasdaq:




WKHS




) ("Workhorse" or "the Company"),

an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced that Progressive Manufacturing Company LLC (PMC) has joined its growing dealer network. PMC is a second-stage manufacturer and distributor specializing in equipping commercial vehicles with highly specialized technology.


辛辛那提,2024年12月10日(環球新聞資訊) --



Workhorse Group Inc.




(納斯達克:




WKHS




)(「Workhorse」或「公司」),

一家專注於開創零排放商業車輛轉型的美國科技公司,今天宣佈Progressive Manufacturing Company LLC(PMC)已加入其不斷壯大的經銷商網絡。PMC是一家第二階段的製造商和分銷商,專門爲商業車輛配備高度專業化的技術。



As part of this partnership, Progressive Manufacturing has signed a purchase order for a Workhorse W56 step van and W4 CC cab chassis, which will be used as demonstration units by their contracted sales team. Both will showcase EnviroCharge's mobile DC fast chargers, providing a groundbreaking solution for off-grid fleet EV charging using clean energy sources.


作爲此合作的一部分,Progressive Manufacturing已簽署了一份購買訂單,採購一臺Workhorse W56步進廂貨車和一臺W4 CC駕駛室底盤,這將被其合同銷售團隊用作演示單位。兩者將展示EnviroCharge的移動直流快充充電器,爲使用清潔能源的離網車隊新能源車充電提供了開創性解決方案。



EnviroCharge, based in Sacramento, California, delivers mobile and stationary fast charging solutions that are essential for EV fleets operating in off-grid or remote locations. These integrations highlight the diverse operational capabilities of Workhorse vehicles.


EnviroCharge總部位於加州薩克拉門託,提供移動和固定的快速充電解決方案,這對於在離網或偏遠地區運營的新能源車車隊至關重要。這些集成突顯了Workhorse車輛多樣的操作能力。



"Partnering with PMC to deploy new, enabling technologies for customer applications aligns perfectly with our strategies of building a strong, American manufacturing base in Union City, Indiana, and growing the market for our electric vehicle platforms by having the largest network of OEM upfit partners in the industry," said Ryan Gaul, Workhorse President of Commercial Vehicles. "This collaboration demonstrates the adaptability of Workhorse's zero-emission platforms, offering solutions that elevate fleet performance while addressing unique operational needs."


「與PMC合作部署新的、使能的技術以滿足客戶應用,與我們在印第安納州聯合市建立強大的美國製造基地的戰略完全一致,並通過擁有行業內最大的OEm改裝合作伙伴網絡來擴大我們電動車平台的市場,」Workhorse商用車總裁Ryan Gaul說。「這一合作展示了Workhorse零排放平台的適應性,提供了提升車隊性能的解決方案,同時滿足獨特的操作需求。」



Rob Lykins, Founder and Owner of PMC added, "Becoming a Workhorse dealer is an exciting milestone for us. We're excited to work with Workhorse because their electric vehicles are as versatile as they are reliable. The W56 and W4 CC provide a strong foundation for the advanced equipment we integrate, giving our customers innovative all-electric solutions that redefine what's possible in their industries."


PMC創始人兼所有者Rob Lykins補充道:「成爲Workhorse的經銷商對我們來說是一個令人興奮的里程碑。我們很高興能夠與Workhorse合作,因爲他們的電動車既多功能又可靠。W56和W4 CC爲我們整合的先進設備提供了堅實的基礎,爲我們的客戶提供了重新定義其行業可能性的創新全電動解決方案。」



Progressive Manufacturing Company, located in Union City, Indiana, near Workhorse's manufacturing facility, specializes in upfitting vehicles with purpose-built solutions that extend beyond traditional upfitting. Their work expands the functionality of Workhorse's zero-emission vehicles for industries such as last-mile delivery, EV fleet operations, and utility applications. Licensed to sell vehicles nationally, PMC will distribute these vehicles through an extended dealer network and directly to customers.


位於印第安納州聯合市、靠近Workhorse製造設施的Progressive Manufacturing Company,專注於爲車輛提供超越傳統改裝的用途解決方案。他們的工作擴展了Workhorse零排放車輛在最後一公里配送、電動車車隊運營和公用事業應用等行業的功能。PMC獲得了全國銷售車輛的許可證,將通過擴展的經銷商網絡和直接向客戶分銷這些車輛。




About Progress Manufacturing Company LLC

Progress Manufacturing Company LLC (PMC) is a contract manufacturer located in Progress Industrial Park in Union City, Indiana next to the Workhorse Ranch. With over 130,000 square feet of manufacturing space, PMC has many diverse capabilities including custom upfitting, assembly, design, distribution, transportation and special vehicle integration on many truck and chassis platforms. PMC's experienced, talented staff and workforce offer years of experience and ample capacity to support its growing customer base. For more information, visit





or call 765-969-0807.



關於Progress Manufacturing Company LLC

進展製造公司(PMC)是一家位於印第安納州聯合市進展工業園區的合同製造商,毗鄰Workhorse牧場。 PMC擁有超過130,000平方英尺的製造空間,具有多種多樣的能力,包括定製改裝、組裝、設計、分銷、運輸和多種卡車及底盤平台的特種車輛集成。 PMC經驗豐富的人才和員工提供多年的經驗,並具備充足的能力以支持其日益增長的客戶群。欲了解更多信息,請訪問



或撥打765-969-0807。




About Workhorse Group Inc.

Workhorse is a technology company focused on providing ground-based electric vehicles to the last-mile delivery sector. As an American original equipment manufacturer, we design and build high performance, battery-electric trucks. Workhorse also develops cloud-based, real-time telematics performance monitoring systems that are fully integrated with our vehicles and enable fleet operators to optimize energy and route efficiency. All Workhorse vehicles are designed to make the movement of people and goods more efficient and less harmful to the environment. For additional information visit


workhorse.com


.



關於Workhorse集團公司。

Workhorse是一家專注於向最後一公里運輸行業提供地面新能源汽車的科技公司。作爲一家美國原始設備製造商,我們設計並製造高性能的電池電動卡車。Workhorse還開發了基於雲的實時遙測性能監控系統,這些系統與我們的車輛完全集成,使車隊運營商能夠優化能源和路線效率。所有Workhorse車輛的設計旨在使人和貨物的移動更加高效,並對環境造成更小的危害。有關更多信息,請訪問


workhorse.com


.




Forward-Looking Statements


The discussions in this press release contain forward-looking statements reflecting our current expectations that involve risks and uncertainties. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "expect," "plan," "believe," "seek," "estimate," and similar expressions are intended to identify forward-looking statements and relate to future periods. These are statements that involve substantial risks and uncertainties, including our ability to timely deliver the W56 step van and W4 CC cab chassis applicable to the purchase order and conditions to delivery and acceptance thereof. Forward-looking statements are statements that are not historical facts and speak only as of the date hereof. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations with regard thereto or any change in events, conditions, or circumstances on which any such statement is based, except as required by law.



前瞻性聲明


本新聞稿中的討論包含前瞻性陳述,反映了我們當前的期望,這些期望涉及風險和不確定性。這些陳述是根據1995年《美國私人證券訴訟改革法》的"安全港"條款作出的。在本新聞稿中使用的詞語如"預期"、"期待"、"計劃"、"相信"、"尋求"、"估計"和類似表達意在指代前瞻性陳述,並與未來時間段相關。這些陳述涉及重大風險和不確定性,包括我們按時交付W56步伐貨車和W4 CC駕駛室底盤以適應訂單的能力以及交付和接受的條件。前瞻性陳述是指非歷史事實的陳述,僅在本日期時有效。我們明確拒絕任何義務或承擔以公開發布任何前瞻性陳述的更新或修訂的責任,以反映我們在此方面的期望變化或任何此類聲明所依據的事件、條件或情況的變化,除非法律要求。




Media Contact:

Aaron Palash / Greg Klassen
Joele Frank, Wilkinson Brimmer Katcher
212-355-4449



媒體聯繫人:

亞倫·帕拉什 / 格雷格·克拉森
喬爾·弗蘭克,威爾金森·布里默·凱徹
212-355-4449




Investor Relations Contact:

Tom Colton and Greg Bradbury
Gateway Group
949-574-3860


WKHS@gateway-grp.com




投資者關係聯繫:

湯姆·科爾頓和格雷格·布拉德伯裏
Gateway Group
949-574-3860


WKHS@gateway-grp.com




声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息
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