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EV maker Workhorse’s stock skids 10% on news of van delivery suspension, recall

EV maker Workhorse's stock skids 10% on news of van delivery suspension, recall

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Electric vehicle company Workhorse Group Inc.’s shares WKHS, slid 10% in premarket trade Wednesday, after the Cincinnati-based company said it is suspending delivering of its C-1000 vehicles and recalling 41 it has already delivered. The company said its new management team has determined that the vehicles require enhancements to increase payload capacity and that further testing and modifications will be required to certify the vehicle under Federal Motor Vehicle Safety Standards.

...read full article on Market Watch

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