Reports Q4 revenue $3.447M, consensus $12.3M. "This past year was critical for Workhorse, as we took decisive actions to position the Company for the next phase of growth and value creation," said Workhorse CEO Rick Dauch. "During the fourth quarter we executed on our commercial vehicle product roadmaps, advanced our Aero business and Stables & Stalls initiative, completed building out our talented leadership team, resolved key legacy issues and strengthened our financial position. Looking ahead, we have developed a clear and executable product roadmap and are encouraged by the progress we are making. We are on track to ramp up production and deliveries across our W4 CC, W750 and W56 products in 2023. We’re confident in our corporate trajectory and remain well-positioned to win in the commercial EV market with safe, reliable and durable products that create value for our customers, communities, and shareholders."
Published first on TheFly
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