📢 𝗝𝗨𝗦𝗧 𝗜𝗡: $Workhorse(WKHS.US) Workhorse to

📢 𝗝𝗨𝗦𝗧 𝗜𝗡: $Workhorse(WKHS.US) Workhorse to Enter Mobile AI Data Center Market With New Containerized Platform

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗪𝗼𝗿𝗸𝗵𝗼𝗿𝘀𝗲 plans to launch a 𝗰𝗼𝗻𝘁𝗮𝗶𝗻𝗲𝗿𝗶𝘇𝗲𝗱 𝗺𝗼𝗯𝗶𝗹𝗲 𝗔𝗜 𝗱𝗮𝘁𝗮 𝗰𝗲𝗻𝘁𝗲𝗿.

➤ Product targets the rapidly growing 𝗺𝗼𝗯𝗶𝗹𝗲 𝗔𝗜 𝗶𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 market.

➤ Initial production and commercial deliveries are targeted for 𝟮𝟬𝟮𝟳.

➤ Manufacturing will leverage Workhorse's 𝗨𝗻𝗶𝗼𝗻 𝗖𝗶𝘁𝘆, 𝗜𝗻𝗱𝗶𝗮𝗻𝗮 facility.

➤ Platform will feature 𝗹𝗶𝗾𝘂𝗶𝗱-𝘁𝗼-𝗹𝗶𝗾𝘂𝗶𝗱 cooling and integrated backup power.

➤ Workhorse plans a 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽-𝗯𝗮𝘀𝗲𝗱 go-to-market strategy.

➤ Company says existing engineering and manufacturing capabilities support the new product.

➤ Grand View Research projects the containerized data center market could reach $𝟰𝟭 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 by 𝟮𝟬𝟯𝟭.

➤ Workhorse continues developing its 𝗺𝗼𝗱𝘂𝗹𝗮𝗿 𝗰𝗵𝗮𝘀𝘀𝗶𝘀 and cab chassis platforms.

👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:

➤ Positions Workhorse to capitalize on accelerating 𝗔𝗜 𝗶𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 and edge computing demand.

➤ Diversifies revenue beyond electric commercial vehicles into higher-growth AI markets.

➤ Could improve manufacturing utilization and long-term operating leverage.

➤ Highlights growing demand for 𝗺𝗼𝗯𝗶𝗹𝗲, 𝗹𝗼𝗰𝗮𝗹𝗶𝘇𝗲𝗱 𝗔𝗜 compute infrastructure.

👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁:

𝗦𝗰𝗼𝘁𝘁 𝗚𝗿𝗶𝗳𝗳𝗶𝘁𝗵, CEO of Workhorse:

“We believe this expansion into a new, growing segment is a strategic step that builds on the broader capabilities we now have as a result of the merger late last year and it supports our expanded company vision to build the ‘new’ Workhorse as an industrial technology company. Workhorse already builds highly reliable mobile platforms: electric medium duty commercial vehicles manufactured at our commercial scale plant in Union City, Indiana. We feel that this is an opportunity to build a competitive advantage and develop a new revenue stream in this exciting new category where we can leverage many of our existing core capabilities to establish a scalable early mover position in the mobile AI data center market.”

“We believe this new product line can provide new sources of revenue and cash flow and increase our operating leverage, helping us more quickly drive down the production costs of our electric trucks for our commercial fleet customers.”