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The first is that Lordstown Motors is about to start production of a fully EV commercial pickup truck that can compete with the as yet to be manufactured Nikola Badger. Lordstown Motors is another interesting story because of two things that have nothing to do with its plans to go public. Workhorse owns a 10% stake in the company that it will retain post-SPAC-IPO later this year. Workhorse also has a strategic partnership with Lordstown Motors. The state ranks as the 5th largest GDP market in the world and could accelerate the move of fleets into EVs by itself. California's recent move to ban internal combustion engine cars is a sign of the times. Importantly, Workhorse Group is the only OEM EV manufacturer of last-mile delivery trucks to receive approvals from both the Environmental Protection Agency (EPA) as well as the California Air Resources Board (CARB), permitting the Company to sell vehicles in all 50 states. Hunt ( NASDAQ:JBHT), Amazon ( NASDAQ:AMZN), United Parcel Service ( NYSE:UPS), and Federal Express ( NYSE:FDX), just to name a few. The list of companies that might be interested in such vehicles are J.B. These vans are built specifically for last-mile deliveries which are the weakest link of any distribution network. Workhorse Group makes the C-Series of delivery vans. Workhorse Group Electrifies Last-Mile Delivery Based on the focus this company has, I’d say they should get ready for a flood of new orders. The consensus for this year is about $22 million, the consensus for next year is about $143 million or up 550%. It’s not much, mind you, but its a start, and the outlook for growth is exponential. Unlike Nikola and so many other early-phase companies, Workhorse Group has two models in production and revenue to boast of. Workhorse Group ( NASDAQ:WKHS) Is emerging as an interesting story not only for its vehicles but for its progress as a manufacturer. With technology improving on a daily basis and new manufacturers springing up left and right the opportunities for investors are virtually endless. Unfortunately for them, that ship may have sailed but it’s not the end of EV. That’s why Nikola ( NASDAQ:NKLA) made such big waves when it announced the deal with GM ( NYSE:GM). The CAGR over the next two decades is estimated in excess of 20%, that’s 20% annually for a sustained period, early investors stand to make billions in cumulative profits. Estimated at only 2.0% of the entire global automobile fleet EV is a growth opportunity that can’t be ignored. The electric vehicle market is heating up and about to boil. Workhorse Group Has Revenue And It’s Growing

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