Workhorse Group and Motiv Electric Trucks Complete Merger, Creating a Leading North American Medium-Duty Electric Truck OEM

Positioned to create value by offering broader portfolio of high performing commercial EVs at lower unit costs, targeting ~23Bmediumdutymarket1Strengthenedfinancialprofilewithaccessupto23B medium-duty market1 Strengthened financial profile with access up to 50 million in new debt financing Combined company to be called Workhorse and trade on Nasdaq under “WKHS” Scott Griffith, Workhorse CEO, issues letter to shareholders highlighting strategic vision and go-forward priorities  WIXOM, Mich., Dec. 15, 2025 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Work ...