Workhorse Group Expands California Presence, Adding Western Truck Exchange as its Latest Certified Dealer

CINCINNATI, Aug. 02, 2023 (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 it has engaged Western Truck Exchange (“WTE”) as its latest certified electric vehicle (“EV”) dealer, expanding its existing California presence to the Los Angeles metropolitan area.

Announced earlier this year, Workhorse’s Certified Dealer Program is an initiative to develop an official network of verified dealers that have passed the protocols necessary to safely repair and maintain the electric components of the Company’s vehicles. Workhorse has established a comprehensive training program that provides dealers with both hands-on and online training, including technical sales training. The program will enable dealers to safely assist customers with vehicle maintenance in addition to providing strategies for vehicle deployment into their fleets. To ensure high quality vehicle maintenance, Workhorse certified dealers have also made investments in EV charging infrastructure, tooling, and building out spare parts inventory.

WTE, a fourth-generation, family-owned business, is partnering with Workhorse to sell, service, and upfit its vehicles, including the W4 CC and W750 models. Located in Los Angeles, WTE occupies a significant end market opportunity in one of the most EV-friendly states in the U.S. Through 100+ years of experience, WTE has become a trusted partner to customers looking for trucks, repairs, and more.

“We are continuing to build a strong foundation for both our dealers and end customers through the expansion of our Certified Dealer Program,” said Workhorse CEO Rick Dauch. “Partnering with WTE allows us to grow our dealer network through a trusted operator in the critical California end market, which has some of the most favorable government incentives in the country. As we increase our manufacturing throughput in the coming months, we look forward to bringing more W4 CC and W750 models off the line for WTE to market and sell to its expansive customer base.”

Western Truck Exchange President Dan Holtzman added: “As fleet operators across California shift to electric alternatives, we appreciate the opportunity to partner with Workhorse at the forefront of the EV transition. Workhorse trucks provide a compelling zero emission option for commercial vehicle operators, and we look forward to offering these vehicles to new purchasers as well as our longstanding customers who have relied on us to provide best-in-class vehicles and service for three generations.”