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["address_street"]=>
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["title_en"]=>
string(67) "Lordstown Motors (RIDE) Stock Is Diving Today: So What's Happening?"
["snippet_en"]=>
string(300) "Lordstown Motors Corp shares are trading lower by 5.1% to$ 0.98 going into Wednesday 's close amid weakness in EV stocks following mixed fourth-quarter results from Rivian Automotive Inc and worse-than-expected results from Workhorse Group Inc. Rivian also said it sees supply chain issues continuing"
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["url"]=>
string(161) "https://www.nbcconnecticut.com/news/business/money-report/workhorse-group-shares-fall-sharply-after-company-cuts-2022-electric-vehicle-delivery-guidance/2848767/"
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string(74) "Failure to launch: Workhorse Group ousts CEO as production delays escalate"
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string(100) "From a COVID outbreak to supply shortages, Workhouse Group has repeatedly missed production targets."
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634be-us-workhorse-group-inc
Workhorse Group Inc.
Location
Ohio
Founded
2007-02-08
Website
https://workhorse.com
Articles
499 Articles
Category
Motor Vehicle Parts and Accessories
Description
Workhorse is a technology company focused on providing all-electric work trucks and drones to the last-mile delivery sector. As an American original equipment manufacturer, we design and build high performance, battery-electric vehicles including trucks and aircraft. Workhorse also develops cloud-based, real-time telematics performance monitoring systems that are fully integrated with our vehicles and enable fleet operators to optimize energy and route efficiency. All Workhorse vehicles are designed to make the movement of people and goods more efficient and less harmful to the environment.
Lordstown Motors Corp shares are trading lower by 5.1% to$ 0.98 going into Wednesday 's close amid weakness in EV stocks following mixed fourth-quarter results from Rivian Automotive Inc and worse-than-expected results from Workhorse Group Inc. Rivian also said it sees supply chain issues continuing
Workhorse cut its deliveries estimate for the full year, blaming supply-chain issues. But the company said it’s still on track for longer-term milestones.
Kirk Mann of Mitsubishi HC Capital America identified four technologies, including artificial intelligence-based forecasting and warehouse automation, with the most potential to impact supply chain issues during a panel presentation at the recent
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