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Workhorse Group
Electric Step VanW56~$80K
EV Commercial Vehicles · Founded 2007 · NASDAQ: WKHS

Workhorse

Electric delivery and commercial vehicles for the American last-mile economy. Workhorse builds the W750 step van used by parcel delivery fleets and is developing the W56 medium-duty truck for commercial logistics.

Founded
2007
HQ
Cincinnati
Parent
Independent
CEO
Rick Dauch
Stock · Ref. Only
NASDAQ: WKHS
Status
● Active
⚡ What Changed · March 2026
Brand At A Glance
TypeEV Commercial
Founded1998
HQCincinnati, OH
ParentPublic WKHS
$4.8M
Annual Revenue
FY 2024 (early stage)
~50
Vehicles Delivered
2024 est.
~$120M
Market Cap
NASDAQ: WKHS range
17
Years in Business
Est. 2007
150mi
W750 Range
City delivery optimized
6,000
GVWR W750
lbs payload capacity
Updates Models Reliability History Ownership Recalls Used FAQ Sources
Lineup Intelligence

Workhorse Model Lineup

Current models in production as of 2026. Pricing reflects base MSRP — actual transaction prices vary by region and dealer.

🚐 Electric Delivery Van
W750 Step Van
Commercial pricing
Primary product. Built for UPS-style last-mile delivery. 150-mile city range covers typical delivery routes. Chassis-cab design allows standard body upfitting.
View Guide →
🛻 Electric Medium-Duty Truck
W56 Pickup (Dev)
TBA
In development. Targets the commercial fleet market for agricultural and utility applications. Workhorse's attempt to diversify beyond step vans into light-duty commercial.
View Guide →
Reliability Intelligence

Workhorse Reliability Data

Rankings updated quarterly. Aggregated from industry reliability reports and resale market data.

Brand Reliability Score
Overall Reliability Rating
Editorial estimate based on aggregated industry data. Score = estimated problems per 100 vehicles in first 3 years of ownership.
N/A
Insufficient Data
Insufficient production volume for standardized reliability scoring.
Reliability tiers aggregated from published surveys and owner reports. Rankings updated quarterly. No proprietary dataset licensing claimed. AmericanCarBrands.com is not affiliated with any survey publisher.
Brand Intelligence

History & Background

Workhorse Group was founded in 2007 in Cincinnati, Ohio. Originally focused on hybrid powertrains, the company pivoted fully to electric commercial vehicles. Workhorse became known for losing the USPS Next Generation Delivery Vehicle (NGDV) contract to Oshkosh Defense in 2021 — a loss that significantly impacted its stock and trajectory. The company has since focused on commercial delivery fleet customers.

Corporate Structure

Ownership & Corporate Structure

Workhorse Group is an independent publicly traded company (NASDAQ: WKHS). It does not have a major OEM backer and operates as a small-cap commercial EV specialist. The company has repeatedly required additional financing and faces competition from Rivian, Ford, and Mercedes-Benz in commercial EV delivery.

Parent Company
Independent
Stock / Trading
NASDAQ: WKHS
Founded
2007
Headquarters
Cincinnati
Insurance Intelligence

Workhorse Group Insurance

Workhorse vehicles are commercial fleet delivery vehicles — insurance is a commercial fleet policy negotiated by the operator, not standard personal auto insurance. Commercial EV fleet insurance rates depend on operator size, route type, and cargo.

⚠️ Always obtain quotes from commercial insurance specialists for fleet/commercial vehicles. Personal auto insurance does not apply. NHTSA Recalls ↗

Insurance Intelligence

Insurance Notes

Workhorse vehicles are commercial fleet only — contact a commercial transportation insurance specialist for fleet coverage quotes.

ⓘ Commercial fleet vehicles require commercial insurance — not personal auto coverage. Contact a commercial transportation insurer for fleet rates.
NHTSA Recalls ↗

Common Questions

Workhorse FAQ

Frequently asked questions about Workhorse. Independent editorial answers — not sponsored.

What happened with Workhorse and the USPS contract? +
Workhorse was one of the finalists for the USPS Next Generation Delivery Vehicle contract worth potentially $6B+ over the contract period. The USPS awarded the contract to Oshkosh Defense in 2021. Workhorse filed a protest but was ultimately unsuccessful.
Does Workhorse still make vehicles? +
Yes, but at low volumes. The W750 step van is in limited production for commercial customers. Workhorse is actively seeking fleet orders to scale production.
Is Workhorse a good investment? +
AmericanCarBrands.com is not a financial advisor. Workhorse is a high-risk early-stage EV company with limited revenue, significant cash burn, and competition from much larger players. Consult a licensed financial professional before making investment decisions.
⚠ Safety & Recalls

Workhorse Group Recalls & Safety Notices

⚠ Always verify recalls on your specific VIN at NHTSA.gov/recalls — this section is editorial context only.
🔍 Workhorse Group Recall Overview & Context +

Workhorse Group makes commercial electric delivery vehicles. NHTSA recall data is limited due to low production volumes. The USPS contract controversy (lost to Oshkosh) significantly affected the company.

ⓘ Editorial summary only. Not a substitute for official NHTSA VIN lookup. Check your VIN at NHTSA ↗

📋 How to Check Workhorse Group Recalls by VIN +
  1. Go to nhtsa.gov/recalls
  2. Enter your 17-digit VIN (found on dashboard, door jamb, or title)
  3. Review all open recalls — note which have been remediated
  4. Contact an authorized Workhorse Group dealer to complete any open recalls at no cost
ⓘ Recall repairs are always free at authorized dealers, regardless of vehicle age, mileage, or ownership status.
📱 OTA vs Dealer Recall Repair — What’s the Difference? +
📱 OTA Update
Software-only fix pushed wirelessly. No dealer visit required. Common on Tesla, GM (Super Cruise), Ford (Sync), and newer models.
🔧 Dealer Repair
Physical parts replacement or mechanical repair required. Must schedule dealer appointment. Always free under recall.

ⓘ NHTSA determines recall remedy type. OTA-resolved recalls still appear in NHTSA history — check that your vehicle's remedy has been applied.

ⓘ Editorial recall context only. Not affiliated with Workhorse Group or NHTSA. Always verify at nhtsa.gov/recalls. Disclaimer →

💰 Used Market Intelligence

Buying a Used Workhorse Group

Independent editorial guide. Not affiliated with Workhorse Group, dealers, or any resale platform. Not purchasing advice.

5-Year Depreciation Est.
Commercial fleet depreciation patterns; limited consumer data
Editorial estimate — verify with market tools
Best Used Sweet Spot
Fleet buyers only — verify service/parts availability in your region.
🔍 Used Workhorse Group Market Notes

Workhorse commercial vehicles have a B2B secondary market. Consumer used market is minimal. Fleet buyers dominate. Company has faced ongoing financial pressures.

Used Buying Checklist
Run VIN at NHTSA.gov/recalls
Pull Carfax or AutoCheck history
Verify all recalls completed
Inspect for accident/flood damage
Confirm CPO/warranty status
Get independent pre-purchase inspection
Check for outstanding liens
Test all electronics/ADAS features

ⓘ Editorial guide only. Not purchasing, legal, or financial advice. Always conduct independent due diligence. Disclaimer →

Sources & Citations

About This Page — AmericanCarBrands.com independent editorial research. Updated March 2026. Not affiliated with Workhorse. Not financial or purchasing advice.

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