Workhorse Motiv Merge Boosts EV Market

Workhorse Group Inc. and Motiv Electric Trucks have entered into a definitive agreement to combine, forming a leading manufacturer of medium-duty electric vehicles in North America. This all-stock transaction unites Workhorse’s proven vehicles, manufacturing capabilities, and national dealer network with Motiv’s diverse product portfolio and strong fleet relationships, aiming to deliver high-performing commercial EVs at lower costs in the sizable medium-duty truck market.