Workhorse Hit By Financial Setbacks, Intends To Focus On EV Vans

It’s time to pick a single EV and focus on it before it’s too late

Workhorse, the company that was offering electric vans and was developing the electric pickup W-15, as well as some Surefly octocopter, experiences hard times, according to the latest news.

As often is the case with EV startups, Workhorse is thin with cash. Lack of significant revenue, combined with high expenses and too many projects started at once, led the company to the edge of bankruptcy.