$WKHS Bullish development for Workhorse

Workhorse Group is meanwhile among the bidders for a lucrative contract to make plug-in mail trucks for the U.S. Postal Service. The two companies share intellectual property related to electric-drive systems, Burns said.
If Workhorse wins the postal contract, the Lordstown plant could eventually build those vehicles, but it isn’t guaranteed, he said. Lordstown Motors does have an agreement to transfer 6,000 existing pre-orders for Workhorse’s electric truck prototype called the W-15 to Lordstown Motors for production.
If he raises the cash to get Endurance into production, Burns said he would work with the UAW and look to hire staff who didn’t accept the automaker’s offer to transfer to one of its other facilities. He wants experienced vehicle assemblers to build the trucks.