Workhorse Group (NASDAQ:WKHS) has successfully completed Federal Motor Vehicle Safety Standards (FMVSS) testing for its C650 and C1000 all-electric delivery vans.
The company claims to be the only American all-electric OEM designing and manufacturing last mile delivery vehicles to complete this testing.
CEO Duane Hughes: “With this late-stage milestone certification now behind us, we remain well-positioned to execute on our production timeline for the remainder of the year.”
Shares (WKHS +16.6%)
Previously: Workhorse rally hits a higher gear after hedge fund nod (June 22)