All market data delayed 20 minutes. Workhorse and partner VT Hackney are among five finalists for the $6.3 billion contract. Its straightforward-looking proposal features Volvo interior components suggesting a potential tie-up with the Chinese-owned brand.Commercial truck specialist VT Hackney has teamed up with electric vehicle outfit Workhorse on a battery-powered prototype that could potentially spawn a plug-in hybrid using technology Indian automaker Mahindra last year opened a manufacturing facility in Michigan to build Turkey's Karsan previously tried and failed to win the contract to build Oshkosh and Ford are working together on the only production-based model in the final five. Five vehicles are in the running, at least three of which are collaborations. New U.S. All market data delayed 20 minutes.Gary Gastelu is FoxNews.com's Automotive Editor covering the car industry and racing. Workhorse is well-positioned for the potential contract from the U.S. Postal Service for its Next Generation Delivery Vehicle, which could be for as many as 180,000 vehicles, the analyst said. Workhorse spokesman Tom Colton told the Business Courier that if it lands the USPS contract, the vehicles would not necessarily be built in Lordstown. Based on a high-roof Ford Transit van, which can be had with a diesel engine and will be available with all-wheel-drive starting next year, the entry has been modified with the required sliding doors and plenty of protective body cladding.This material may not be published, broadcast, rewritten, or redistributed. Postal Service for its Next Generation Delivery Vehicle, which could be for as many as 180,000 vehicles, the analyst said. The search to replace the iconic but outdated Grumman LLV truck, which went out of production in 1994, ©2020 FOX News Network, LLC. The company could achieve C-Series production of 150 units in 2020 and 2,000 units in 2021, with EBITDA profitability by the end of 2021, Irwin said.Workhorse is well-positioned for the potential contract from the U.S. The contract calls for 180,000 trucks to be delivered over five to seven years at a price between $25,000 and $35,000 each, which means it could be worth as much as $6.3 billion to the winner. ©2020 FOX News Network, LLC. All rights reserved. The postal service has finished prototype testing . Share your opinion and gain insight from other stock traders and investors. Shares of Workhorse were up 2.25% at $2.50 at the time of publication Tuesday.Thank you for subscribing! What that means is that there is no more activity with the bidders. This material may not be published, broadcast, rewritten,
This means that as soon as the USPS makes a final decision award(s) can be made. The Grumman LLV was built from 1987 to 1994 and was originally expected to stay in service for 24 years. But it has not announced a winner. Details largely remain confidential, but they have been spotted making the rounds, so here's a look at what may be pulling up in front of your home soon.The South Bend, Ind., company behind the Humvee has a long relationship with the federal government and the production capability to get the job done. (USPS) Find the latest Workhorse Group, Inc. (WKHS) stock discussion in Yahoo Finance's forum.
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