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Posts: 162
Workhorse Group stock drops nearly 50% after EV company is passed over for USPS contract -- (link)
Posted by
ty97
Feb 23 '21, 13:43
(No message)
https://www.cnbc.com/2021/02/23/workhorse-group-drops-nearly-50percent-after-ev-company-is-passed-over-for-usps-contract.html
(www.cnbc.com)
Responses:
Contract instead goes to Oshkosh Defense. Anyone know who that is? Do they make EVs? -- nm
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Mop
Feb 23, 13:48
10
Oshkosh Defense will manufacture both zero emission battery electric vehicles (BEV) and
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zunk xometimes
Feb 23, 14:00
2
Sounds shady that the bid went to a company who has no experience building what they’re promising. -- nm
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Mop
Feb 23, 14:02
1
I'm not saying that it's not but the shade could have very well be at earlier stages of the decision process
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JD
Feb 23, 14:23
They build medium duty defense vehicles, I doubt they have much experience wirth EVs and I'll lay money DeJoy has a big stake in the company. -- nm
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❄TWuG 🚀
Feb 23, 13:54
5
Their bid was a joint bid with Ford and is based on the supply of both ICE and EV versions of vehicle based on the Ford Transit van platform -- nm
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JD
Feb 23, 14:09
4
Ford's battery supplier was just sanctioned, so it'll be interesting to see if this new vehicle happens in the proposed timeframe.
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TWuG
Feb 23, 14:25
3
FWIW I don't think the initial deliveries will be EV.
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JD
Feb 23, 14:36
2
"Deploying counter-measures" -- nm
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Reagen
Feb 23, 14:38
1
When I heard Oshkosh Defense, I totally had the image of a mail truck suitable for service in the Detroit portrayed in the Robocop movies -- nm
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JD
Feb 23, 14:40
B'gosh -- nm
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Spawn
Feb 23, 13:49
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