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Workhorse Group Completes Merger with Motiv Electric Trucks

Story Highlights
  • Workhorse Group completed its merger with Motiv Electric Trucks on December 15, 2025.
  • The merger enhances Workhorse’s capabilities and market position with $50 million in financing.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Workhorse Group Completes Merger with Motiv Electric Trucks

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Workhorse Group ( (WKHS) ) just unveiled an announcement.

On December 15, 2025, Workhorse Group Inc. completed its merger with Motiv Electric Trucks, positioning itself as a leading North American manufacturer of medium-duty electric trucks and buses. The merger provides Workhorse with scalable manufacturing capabilities and a robust go-to-market strategy, supported by a $50 million debt financing capacity. This strategic move is expected to enhance Workhorse’s market share and profitability by leveraging its advanced products and commercial relationships with major truck fleets, ultimately driving growth and value creation for shareholders and customers.

The most recent analyst rating on (WKHS) stock is a Sell with a $7.00 price target. To see the full list of analyst forecasts on Workhorse Group stock, see the WKHS Stock Forecast page.

Spark’s Take on WKHS Stock

According to Spark, TipRanks’ AI Analyst, WKHS is a Underperform.

Workhorse Group’s overall stock score is low due to significant financial challenges, bearish technical indicators, and concerning valuation metrics. While the proposed merger with Motiv Electric Trucks offers potential strategic benefits, the company’s current financial instability and operational inefficiencies weigh heavily on its stock performance.

To see Spark’s full report on WKHS stock, click here.

More about Workhorse Group

Workhorse Group Inc., headquartered in the Detroit area with manufacturing in Indiana, is a manufacturer of zero-emission commercial vehicles. The company focuses on building software-first, electric medium-duty trucks that are powerful, cost-efficient, reliable, safe, and comfortable, all with zero tailpipe emissions. Workhorse aims to help customers lower operating costs, improve fleet performance, enhance driver experience, and maximize uptime while meeting financial, sustainability, and compliance goals.

Average Trading Volume: 243,482

Technical Sentiment Signal: Strong Sell

Current Market Cap: $14.13M

See more data about WKHS stock on TipRanks’ Stock Analysis page.

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