Hughes added 'with or without the Post Office, we have a business here, and we have to focus on being able to build that business. Company CEO Duane Hughes said in an analyst conference call on Monday. government’s fleet of roughly 650,000 vehicles with electric models.Īsked why USPS was not buying 90% EVs, DeJoy said: 'We don’t have the three or four extra billion in our plan right now that it would take to do it.' Up-and-coming electric vehicle (EV) maker Workhorse Group ( WKHS 1.25) is not taking a recent high-profile defeat lying down.

government to replace its entire fleet with. While the government continues to delay the awarding of the estimated 6.3 billion contract, Workhorse signed a deal with Pride Group Enterprises for 6,320 C-Series all-electric delivery vehicles. The lawmakers, including Gerald Connolly, Jared Huffman, Tim Ryan, and Debbie Dingell, argue that the contract is in defiance of President Joe Biden’s recent executive order that directed the U.S. Some environmentalists criticized the announcement after President Joe Biden in January vowed to replace the U.S. House Democrats are asking USPS to halt the implementation of the contract altogether. WASHINGTON (Reuters) -Electric vehicle company Workhorse Group voluntarily dismissed on Tuesday its legal challenge against a U.S. House panel last week that USPS has only committed to buy 10% electric vehicles in its next-generation delivery fleet.

The contract, which could be worth more than $6 billion in total, allows for delivery of between 50,000 and 165,000 of vehicles over 10 years that will be a mix of combustion-powered and electric vehicles. Workhorse shares rose 7.2% Monday to $17.34 on news of the meeting, but are still down 38% since last week's announcement. EV startup Workhorse has abandoned its lawsuit protesting the United States Postal Service’s decision to let Oshkosh Defense build the next-generation mail truck.

Workhorse contract with usps