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Workhorse Partners with Progressive Manufacturing Company for Specialized Second-Stage Manufacturing
Dec 10, 2024•over 1 year ago
Contract Type
partnership
CincinnatiManufacturingAutomotiveDescription
Workhorse Group Inc. has announced a partnership with Progressive Manufacturing Company LLC (PMC), expanding the availability of electric commercial vehicles to specialized fleets. PMC has signed a purchase order for Workhorse’s W56 and W4 CC vehicles and will integrate equipment from EnviroCharge for specialized applications, showcasing the diverse operational capabilities of Workhorse vehicles.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months