Workhorse Group Expands California Presence, Adding Western Truck Exchange as its Latest Certified Dealer - Seite 2
About Western Truck Exchange
Established in 1922, Western Truck Exchange is a fourth-generation family-owned and operated dealer in Los Angeles, CA. WTE focuses on truck
sales, truck parts, truck repairs, truck rentals, and truck bodies. With over 100 trucks for sale on hand at any given time, more than 20 skilled truck technicians, and over $150 million truck
parts in inventory, doing business with Western Truck Exchange is quick, easy, and professional every time. WTE is a factory direct OEM distributor for International, GMC, and Mitsubishi Fuso
Trucks as well as Caterpillar Engines, Cummins Engines, and Allison Automatic Transmissions. For additional information visit WestTruck.com.
About Workhorse Group Inc.
Workhorse is a technology company focused on providing ground and air-based electric vehicles to the last-mile delivery sector. As an American original equipment manufacturer, we design and build
high performance, battery-electric trucks and drones. 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.
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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”
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performance of our products, our ability to introduce new product offerings and increase revenue from existing products, expected expenses including those related to selling and marketing, product
development and general and administrative, our beliefs regarding the health and growth of the market for our products, anticipated increase in our customer base, expansion of our products
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Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ
materially from the forward-looking statements contained in this press release. Factors that could cause actual results to differ materially include, but are not limited to: our ability to develop
and manufacture our new product portfolio, including the W4 CC, W750, W56 and WNext surface vehicle platforms and the WA4-100 (Horsefly) and WA4-200 (HALO) small Uncrewed Aerial Systems our ability
to attract and retain customers for our existing and new products; risks associated with obtaining orders and executing upon such orders; supply chain disruptions, including constraints on steel,
semiconductors and other material inputs and resulting cost increases impacting our company, our customers, our suppliers or the industry; our ability to capitalize on opportunities to deliver
products to meet customer requirements; our limited operations and need to expand and enhance elements of our production process to fulfill product orders; our inability to raise additional capital
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for our products; our ability to control our expenses; potential competition, including without limitation shifts in technology; volatility in and deterioration of national and international
capital markets and economic conditions; global and local business conditions; acts of war (including without limitation the conflict in Ukraine) and/or terrorism; the prices being charged by our
competitors; our inability to retain key members of our management team; our inability to satisfy our customer warranty claims; the outcome of any regulatory or legal proceedings; and other risks
and uncertainties and other factors discussed from time to time in our filings with the Securities and Exchange Commission ("SEC"), including under the “Risk Factors” section of our filings with
the SEC. Forward-looking statements 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
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