Financial StrategyThe company's strategic capital injection and aggressive cost-cutting measures, including a workforce reduction, are set to improve liquidity and extend the company's financial runway.
Operational ExpansionWorkhorse's expansion of its dealer network and new partnerships with trucking service companies indicate a strong commitment to market penetration and customer reach.
Product DemandThe increased focus by California on zero-emission vehicles is anticipated to boost demand for the company's W56 model in the medium term.