Brief: Workhorse And Greenpower Sign Supply Agreement For Delivery Of 1,500 Greenpower EV Star Cab And Chassis For Workhorse W750 Step Vans

GreenPower Motor

01/03/2022 14:36

March 1 (Reuters) - 
    * WORKHORSE AND GREENPOWER SIGN SUPPLY AGREEMENT FOR
DELIVERY OF
1,500 GREENPOWER EV STAR CAB AND CHASSIS FOR WORKHORSE W750 STEP
VANS
    * WORKHORSE GROUP -  COS HAVE CONFIRMED A 21-MONTH SCHEDULE
DURING
WHICH GREENPOWER WILL DELIVER 1,500 EV STAR CAB & CHASSIS TO
WORKHORSE
    * WORKHORSE GROUP INC - AGREEMENT INCLUDES DEPOSITS BASED ON
DELIVERY THRESHOLDS AND ALSO CONTAINS A RENEWAL OPTION
    * WORKHORSE GROUP INC - WORKHORSE WILL HAVE EXCLUSIVE RIGHTS
IN
U.S. AND CANADA TO SELL CLASS 4 STEP VANS BASED ON
GREENPOWER-SUPPLIED BASE VEHICLE
    * WORKHORSE GROUP INC - FINISHED CLASS 4 STEP VANS WILL BE
AVAILABLE UNDER WORKHORSE BRAND WITH WORKHORSE AFTER-SALES AND
SUPPORT SERVICE

Source text for Eikon:  ID:nGNX7GDN5C 
Further company coverage:  GPV.V 

 ((Reuters.Briefs@thomsonreuters.com;))