Workhorse Group, Inc. is a technology company. The Company is focused on providing solutions to commercial transportation sector. The Company designs and builds high performance electric vehicles and aircraft. As part of its solutions, it also develops cloud-based, real-time telematics performance monitoring systems. The Company is an Original Equipment Manufacturer (OEM) of Class 3-6 commercial-grade, medium-duty trucks. The Company sells its vehicles to fleet customers directly and through its primary distributor, Ryder System, Inc. (Ryder). Its product includes C-series electric delivery truck, and Package Delivery Aircraft such as HorseFly, Certus and USOG. Its C-series vehicles include C650 and C1000. HorseFly is an Unmanned Aerial System (UAS), which is custom-designed, purpose-built system that delivers packages. USOG is a logistics solutions company specializing in unmanned systems and secure transportation and delivery of drone flight missions by land, air or sea.
During the most recent quarter, 4M shares were sold in insider trading.
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