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2021-11-05
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Electric-Van Maker Workhorse Is Being Investigated by the Justice Department, Documents Show<blockquote>文件显示，电动货车制造商 Workhorse 正在接受司法部调查</blockquote>
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{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":842901846,"tweetId":"842901846","gmtCreate":1636123032025,"gmtModify":1636123033547,"author":{"id":3585642689958579,"idStr":"3585642689958579","authorId":3585642689958579,"authorIdStr":"3585642689958579","name":"HeroSmurf","avatar":"https://static.tigerbbs.com/6015b234d96461c6ef8db8d919ac3473","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[],"fanSize":23,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"title":"","extraTitle":"","html":"<html><head></head><body><p>Gg</p></body></html>","htmlText":"<html><head></head><body><p>Gg</p></body></html>","text":"Gg","highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/842901846","repostId":1171686550,"repostType":4,"repost":{"id":"1171686550","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1636122608,"share":"https://www.laohunote.com/m/news/1171686550?lang=zh_CN&edition=full","pubTime":"2021-11-05 22:30","market":"us","language":"en","title":"Electric-Van Maker Workhorse Is Being Investigated by the Justice Department, Documents Show<blockquote>文件显示，电动货车制造商 Workhorse 正在接受司法部调查</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1171686550","media":"Tiger Newspress","summary":"Electric-van maker Workhorse stock Dived 9% in morning trading after the report that it was being in","content":"<p>Electric-van maker Workhorse stock Dived 9% in morning trading after the report that it was being investigated by the Justice Department, documents showed,according to The Wall Street Journal.</p><p><blockquote>据《华尔街日报》报道，文件显示，在有报道称该公司正在接受司法部调查后，电动货车制造商 Workhorse 的股价在早盘交易中暴跌 9%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7fdfded4c9a2f3f4ff4082571b111d08\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The Justice Department has opened an investigation into electric-van startup Workhorse Inc.,according to documents reviewed by The Wall Street Journal.</p><p><blockquote>根据《华尔街日报》查阅的文件， 司法部已对电动货车初创公司 Workhorse Inc. 展开调查。</blockquote></p><p> The focus of the inquiry, which is being conducted by the U.S. attorney’s office in Manhattan, wasn’t revealed in the documents.</p><p><blockquote>文件中没有透露调查的重点，调查由曼哈顿的联邦检察官办公室进行。</blockquote></p><p> Spokesmen for the Manhattan U.S. attorney’s office and Workhorse declined to comment on the probe.</p><p><blockquote>曼哈顿联邦检察官办公室和 Workhorse 的发言人拒绝就调查发表评论。</blockquote></p><p> Also investigating Workhorse is the U.S. Securities and Exchange Commission, whose probe into the company was reported by the Journal in September. Workhorse has since said it had notified the SEC of misstatements it had made to safety regulators.</p><p><blockquote>美国证券交易委员会也在调查 Workhorse，《华尔街日报》于 9 月份报道了该委员会对该公司的调查。Workhorse 此后表示，它已将其向安全监管机构做出的虚假陈述通知了美国证券交易委员会。</blockquote></p><p> Shares in Workhorse closed at $7.22 Thursday, down 82% from an all-time high of $41.34 in February. Since late July, the company has installed new executive leadership, withdrawn financial guidance, stopped production and recalled vans that had already been delivered to customers.</p><p><blockquote>Workhorse 股价周四收于 7.22 美元，较 2 月份 41.34 美元的历史高点下跌 82%。自7月下旬以来，该公司任命了新的执行领导层，撤回了财务指导，停止了生产，并召回了已经交付给客户的货车。</blockquote></p><p> Last year, electric-vehicle startups saw an influx of billions of dollars, many through mergers with special-purpose-acquisition companies, or SPACs. Workhorse’s roots as a public company go back to 2010, but its stock price benefited last year from the increased investor interest in EVs. Shares of Workhorse rocketed more than 2,000% between March 2020 and this past February.</p><p><blockquote>去年，电动汽车初创公司获得了数十亿美元的资金流入，其中许多是通过与特殊目的收购公司（SPAC）合并获得的。Workhorse 作为一家上市公司的历史可以追溯到 2010 年，但其股价去年受益于投资者对电动汽车兴趣的增加。2020 年 3 月至今年 2 月期间，Workhorse 的股价飙升了 2,000% 以上。</blockquote></p><p> Workhorse is the third electric-vehicle company known to have come under scrutiny from both federal prosecutors and securities regulators in the past 14 months.</p><p><blockquote>Workhorse 是过去 14 个月内第三家受到联邦检察官和证券监管机构审查的电动汽车公司。</blockquote></p><p> This July, the Justice Department and the SEC filed securities-fraud charges against Trevor Milton, founder and former executive chairman of hydrogen-truck startup Nikola Corp.On Thursday,Nikola said it was putting aside $125 million ahead of a potential settlement with the SEC.</p><p><blockquote>今年 7 月，司法部和美国证券交易委员会对氢卡车初创公司 Nikola Corp 的创始人兼前执行主席特雷弗·米尔顿 (Trevor Milton) 提出证券欺诈指控。周四， 尼古拉表示， 在与美国证券交易委员会达成潜在和解之前， 它将预留 1.25 亿美元。</blockquote></p><p> Nikola is “looking forward to resolving the outstanding issues relating to our founder and bringing that chapter to a close and maintaining our focus on delivering trucks to our customers,” Chief Executive Mark Russell said. Nikola said in a regulatory filing Thursday that it is committed to cooperating fully with the SEC and Justice Department investigations, which are ongoing.</p><p><blockquote>首席执行官马克-拉塞尔（Mark Russell）说，尼古拉 “期待解决与我们创始人有关的悬而未决的问题，为这一篇章画上句号，并继续专注于向客户交付卡车”。尼古拉在周四提交的一份监管文件中表示，它致力于全力配合美国证券交易委员会和司法部正在进行的调查。</blockquote></p><p> A spokesman for Mr. Milton declined to comment.After he was charged in July, a spokesman for Mr. Milton’s lawyers said he was innocent and had been wrongly accused following a faulty investigation.</p><p><blockquote>米尔顿的发言人拒绝置评。米尔顿先生的律师发言人在 7 月份被指控后表示，他是无辜的，是在调查失误后被错误指控的。</blockquote></p><p> Earlier this year,the SEC and the Justice Department opened probes into Lordstown Motors Corp., a company in which Workhorse was an early investor.</p><p><blockquote>今年早些时候， 美国证券交易委员会和司法部对洛兹敦汽车公司展开调查， Workhorse 是该公司的早期投资者。</blockquote></p><p> Lordstown Motors has said it is committed to cooperating with any investigations.</p><p><blockquote>洛兹敦汽车公司表示，它致力于配合任何调查。</blockquote></p><p> Both Workhorse and Lordstown have been targeted by short sellers who say they are skeptical of the companies’ products and prospects for future business.</p><p><blockquote>Workhorse 和 Lordstown 都成为了卖空者的目标，他们表示对这两家公司的产品和未来业务前景持怀疑态度。</blockquote></p><p> Based in Loveland, Ohio, Workhorse manufactures electric delivery vans that it aims to sell to commercial-fleet operators like United Parcel Service Inc.Workhorse had been a bidder on a new contract to make mail delivery trucks for the U.S. Postal Service, but lost the bid in February. The company challenged that decision in court but has since withdrawn its complaint.</p><p><blockquote>Workhorse 总部位于俄亥俄州洛弗兰，生产电动送货车，旨在出售给联合包裹服务公司 (United Parcel Service Inc.) 等商业车队运营商。Workhorse 曾是为美国邮政局制造邮件送货卡车的新合同的投标人，但在二月份失败了投标。该公司在法庭上对这一决定提出质疑，但后来撤回了投诉。</blockquote></p><p> On July 29, Workhorse said it was hiring Richard Dauch as chief executive and pulling its financial guidance for investors. Mr. Dauch had most recently served in the same role at Delphi Technologies PLC and oversaw its sale to BorgWarner Inc. Former Workhorse CEO Duane Hughes left the company by mutual agreement.</p><p><blockquote>7 月 29 日，Workhorse 表示将聘请 Richard Dauch 担任首席执行官，并撤回对投资者的财务指导。Dauch 先生最近曾在 Delphi Technologies PLC 担任相同职务，并监督该公司向博格华纳公司的出售。前 Workhorse 首席执行官杜安·休斯 (Duane Hughes) 经双方同意离开了公司。</blockquote></p><p> A few weeks later, Mr. Dauch opened an earnings call saying the company was revising designs for its flagship C-1000 vans in response to customer feedback that said they lacked payload capacity.</p><p><blockquote>几周后，Dauch 先生在财报看涨期权上表示，该公司正在修改其旗舰 C-1000 货车的设计，以回应客户反馈称它们缺乏有效载荷能力。</blockquote></p><p> On Sept. 22, Workhorse said it was suspending deliveries of the C-1000 and recalling 41 that had already been delivered to customers. The company said that the vehicles needed more testing to comply with federal safety standards and that earlier statements related to their compliance made to federal regulators couldn’t be relied on.</p><p><blockquote>9 月 22 日，Workhorse 表示将暂停交付 C-1000，并召回已交付给客户的 41 架。该公司表示，这些车辆需要更多的测试才能符合联邦安全标准，而之前向联邦监管机构所作的有关车辆合规性的声明也不可信。</blockquote></p><p> Last month, the company disclosed that the chief financial officer, chief operating officer and general counsel who had been at the company with Mr. Hughes had left or would leave the company.</p><p><blockquote>上个月，该公司披露，曾与休斯先生一起在公司工作的首席财务官、首席运营官和总法律顾问已经离开或将离开公司。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Electric-Van Maker Workhorse Is Being Investigated by the Justice Department, Documents Show<blockquote>文件显示，电动货车制造商 Workhorse 正在接受司法部调查</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElectric-Van Maker Workhorse Is Being Investigated by the Justice Department, Documents Show<blockquote>文件显示，电动货车制造商 Workhorse 正在接受司法部调查</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-05 22:30</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Electric-van maker Workhorse stock Dived 9% in morning trading after the report that it was being investigated by the Justice Department, documents showed,according to The Wall Street Journal.</p><p><blockquote>据《华尔街日报》报道，文件显示，在有报道称该公司正在接受司法部调查后，电动货车制造商 Workhorse 的股价在早盘交易中暴跌 9%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7fdfded4c9a2f3f4ff4082571b111d08\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The Justice Department has opened an investigation into electric-van startup Workhorse Inc.,according to documents reviewed by The Wall Street Journal.</p><p><blockquote>根据《华尔街日报》查阅的文件， 司法部已对电动货车初创公司 Workhorse Inc. 展开调查。</blockquote></p><p> The focus of the inquiry, which is being conducted by the U.S. attorney’s office in Manhattan, wasn’t revealed in the documents.</p><p><blockquote>文件中没有透露调查的重点，调查由曼哈顿的联邦检察官办公室进行。</blockquote></p><p> Spokesmen for the Manhattan U.S. attorney’s office and Workhorse declined to comment on the probe.</p><p><blockquote>曼哈顿联邦检察官办公室和 Workhorse 的发言人拒绝就调查发表评论。</blockquote></p><p> Also investigating Workhorse is the U.S. Securities and Exchange Commission, whose probe into the company was reported by the Journal in September. Workhorse has since said it had notified the SEC of misstatements it had made to safety regulators.</p><p><blockquote>美国证券交易委员会也在调查 Workhorse，《华尔街日报》于 9 月份报道了该委员会对该公司的调查。Workhorse 此后表示，它已将其向安全监管机构做出的虚假陈述通知了美国证券交易委员会。</blockquote></p><p> Shares in Workhorse closed at $7.22 Thursday, down 82% from an all-time high of $41.34 in February. Since late July, the company has installed new executive leadership, withdrawn financial guidance, stopped production and recalled vans that had already been delivered to customers.</p><p><blockquote>Workhorse 股价周四收于 7.22 美元，较 2 月份 41.34 美元的历史高点下跌 82%。自7月下旬以来，该公司任命了新的执行领导层，撤回了财务指导，停止了生产，并召回了已经交付给客户的货车。</blockquote></p><p> Last year, electric-vehicle startups saw an influx of billions of dollars, many through mergers with special-purpose-acquisition companies, or SPACs. Workhorse’s roots as a public company go back to 2010, but its stock price benefited last year from the increased investor interest in EVs. Shares of Workhorse rocketed more than 2,000% between March 2020 and this past February.</p><p><blockquote>去年，电动汽车初创公司获得了数十亿美元的资金流入，其中许多是通过与特殊目的收购公司（SPAC）合并获得的。Workhorse 作为一家上市公司的历史可以追溯到 2010 年，但其股价去年受益于投资者对电动汽车兴趣的增加。2020 年 3 月至今年 2 月期间，Workhorse 的股价飙升了 2,000% 以上。</blockquote></p><p> Workhorse is the third electric-vehicle company known to have come under scrutiny from both federal prosecutors and securities regulators in the past 14 months.</p><p><blockquote>Workhorse 是过去 14 个月内第三家受到联邦检察官和证券监管机构审查的电动汽车公司。</blockquote></p><p> This July, the Justice Department and the SEC filed securities-fraud charges against Trevor Milton, founder and former executive chairman of hydrogen-truck startup Nikola Corp.On Thursday,Nikola said it was putting aside $125 million ahead of a potential settlement with the SEC.</p><p><blockquote>今年 7 月，司法部和美国证券交易委员会对氢卡车初创公司 Nikola Corp 的创始人兼前执行主席特雷弗·米尔顿 (Trevor Milton) 提出证券欺诈指控。周四， 尼古拉表示， 在与美国证券交易委员会达成潜在和解之前， 它将预留 1.25 亿美元。</blockquote></p><p> Nikola is “looking forward to resolving the outstanding issues relating to our founder and bringing that chapter to a close and maintaining our focus on delivering trucks to our customers,” Chief Executive Mark Russell said. Nikola said in a regulatory filing Thursday that it is committed to cooperating fully with the SEC and Justice Department investigations, which are ongoing.</p><p><blockquote>首席执行官马克-拉塞尔（Mark Russell）说，尼古拉 “期待解决与我们创始人有关的悬而未决的问题，为这一篇章画上句号，并继续专注于向客户交付卡车”。尼古拉在周四提交的一份监管文件中表示，它致力于全力配合美国证券交易委员会和司法部正在进行的调查。</blockquote></p><p> A spokesman for Mr. Milton declined to comment.After he was charged in July, a spokesman for Mr. Milton’s lawyers said he was innocent and had been wrongly accused following a faulty investigation.</p><p><blockquote>米尔顿的发言人拒绝置评。米尔顿先生的律师发言人在 7 月份被指控后表示，他是无辜的，是在调查失误后被错误指控的。</blockquote></p><p> Earlier this year,the SEC and the Justice Department opened probes into Lordstown Motors Corp., a company in which Workhorse was an early investor.</p><p><blockquote>今年早些时候， 美国证券交易委员会和司法部对洛兹敦汽车公司展开调查， Workhorse 是该公司的早期投资者。</blockquote></p><p> Lordstown Motors has said it is committed to cooperating with any investigations.</p><p><blockquote>洛兹敦汽车公司表示，它致力于配合任何调查。</blockquote></p><p> Both Workhorse and Lordstown have been targeted by short sellers who say they are skeptical of the companies’ products and prospects for future business.</p><p><blockquote>Workhorse 和 Lordstown 都成为了卖空者的目标，他们表示对这两家公司的产品和未来业务前景持怀疑态度。</blockquote></p><p> Based in Loveland, Ohio, Workhorse manufactures electric delivery vans that it aims to sell to commercial-fleet operators like United Parcel Service Inc.Workhorse had been a bidder on a new contract to make mail delivery trucks for the U.S. Postal Service, but lost the bid in February. The company challenged that decision in court but has since withdrawn its complaint.</p><p><blockquote>Workhorse 总部位于俄亥俄州洛弗兰，生产电动送货车，旨在出售给联合包裹服务公司 (United Parcel Service Inc.) 等商业车队运营商。Workhorse 曾是为美国邮政局制造邮件送货卡车的新合同的投标人，但在二月份失败了投标。该公司在法庭上对这一决定提出质疑，但后来撤回了投诉。</blockquote></p><p> On July 29, Workhorse said it was hiring Richard Dauch as chief executive and pulling its financial guidance for investors. Mr. Dauch had most recently served in the same role at Delphi Technologies PLC and oversaw its sale to BorgWarner Inc. Former Workhorse CEO Duane Hughes left the company by mutual agreement.</p><p><blockquote>7 月 29 日，Workhorse 表示将聘请 Richard Dauch 担任首席执行官，并撤回对投资者的财务指导。Dauch 先生最近曾在 Delphi Technologies PLC 担任相同职务，并监督该公司向博格华纳公司的出售。前 Workhorse 首席执行官杜安·休斯 (Duane Hughes) 经双方同意离开了公司。</blockquote></p><p> A few weeks later, Mr. Dauch opened an earnings call saying the company was revising designs for its flagship C-1000 vans in response to customer feedback that said they lacked payload capacity.</p><p><blockquote>几周后，Dauch 先生在财报看涨期权上表示，该公司正在修改其旗舰 C-1000 货车的设计，以回应客户反馈称它们缺乏有效载荷能力。</blockquote></p><p> On Sept. 22, Workhorse said it was suspending deliveries of the C-1000 and recalling 41 that had already been delivered to customers. The company said that the vehicles needed more testing to comply with federal safety standards and that earlier statements related to their compliance made to federal regulators couldn’t be relied on.</p><p><blockquote>9 月 22 日，Workhorse 表示将暂停交付 C-1000，并召回已交付给客户的 41 架。该公司表示，这些车辆需要更多的测试才能符合联邦安全标准，而之前向联邦监管机构所作的有关车辆合规性的声明也不可信。</blockquote></p><p> Last month, the company disclosed that the chief financial officer, chief operating officer and general counsel who had been at the company with Mr. Hughes had left or would leave the company.</p><p><blockquote>上个月，该公司披露，曾与休斯先生一起在公司工作的首席财务官、首席运营官和总法律顾问已经离开或将离开公司。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WKHS":"Workhorse Group, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171686550","content_text":"Electric-van maker Workhorse stock Dived 9% in morning trading after the report that it was being investigated by the Justice Department, documents showed,according to The Wall Street Journal.\n\nThe Justice Department has opened an investigation into electric-van startup Workhorse Inc.,according to documents reviewed by The Wall Street Journal.\nThe focus of the inquiry, which is being conducted by the U.S. attorney’s office in Manhattan, wasn’t revealed in the documents.\nSpokesmen for the Manhattan U.S. attorney’s office and Workhorse declined to comment on the probe.\nAlso investigating Workhorse is the U.S. Securities and Exchange Commission, whose probe into the company was reported by the Journal in September. Workhorse has since said it had notified the SEC of misstatements it had made to safety regulators.\nShares in Workhorse closed at $7.22 Thursday, down 82% from an all-time high of $41.34 in February. Since late July, the company has installed new executive leadership, withdrawn financial guidance, stopped production and recalled vans that had already been delivered to customers.\nLast year, electric-vehicle startups saw an influx of billions of dollars, many through mergers with special-purpose-acquisition companies, or SPACs. Workhorse’s roots as a public company go back to 2010, but its stock price benefited last year from the increased investor interest in EVs. Shares of Workhorse rocketed more than 2,000% between March 2020 and this past February.\nWorkhorse is the third electric-vehicle company known to have come under scrutiny from both federal prosecutors and securities regulators in the past 14 months.\nThis July, the Justice Department and the SEC filed securities-fraud charges against Trevor Milton, founder and former executive chairman of hydrogen-truck startup Nikola Corp.On Thursday,Nikola said it was putting aside $125 million ahead of a potential settlement with the SEC.\nNikola is “looking forward to resolving the outstanding issues relating to our founder and bringing that chapter to a close and maintaining our focus on delivering trucks to our customers,” Chief Executive Mark Russell said. Nikola said in a regulatory filing Thursday that it is committed to cooperating fully with the SEC and Justice Department investigations, which are ongoing.\nA spokesman for Mr. Milton declined to comment.After he was charged in July, a spokesman for Mr. Milton’s lawyers said he was innocent and had been wrongly accused following a faulty investigation.\nEarlier this year,the SEC and the Justice Department opened probes into Lordstown Motors Corp., a company in which Workhorse was an early investor.\nLordstown Motors has said it is committed to cooperating with any investigations.\nBoth Workhorse and Lordstown have been targeted by short sellers who say they are skeptical of the companies’ products and prospects for future business.\nBased in Loveland, Ohio, Workhorse manufactures electric delivery vans that it aims to sell to commercial-fleet operators like United Parcel Service Inc.Workhorse had been a bidder on a new contract to make mail delivery trucks for the U.S. Postal Service, but lost the bid in February. The company challenged that decision in court but has since withdrawn its complaint.\nOn July 29, Workhorse said it was hiring Richard Dauch as chief executive and pulling its financial guidance for investors. Mr. Dauch had most recently served in the same role at Delphi Technologies PLC and oversaw its sale to BorgWarner Inc. Former Workhorse CEO Duane Hughes left the company by mutual agreement.\nA few weeks later, Mr. Dauch opened an earnings call saying the company was revising designs for its flagship C-1000 vans in response to customer feedback that said they lacked payload capacity.\nOn Sept. 22, Workhorse said it was suspending deliveries of the C-1000 and recalling 41 that had already been delivered to customers. The company said that the vehicles needed more testing to comply with federal safety standards and that earlier statements related to their compliance made to federal regulators couldn’t be relied on.\nLast month, the company disclosed that the chief financial officer, chief operating officer and general counsel who had been at the company with Mr. Hughes had left or would leave the company.","news_type":1,"symbols_score_info":{"WKHS":0.9}},"isVote":1,"tweetType":1,"viewCount":1103,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"subscribersOnly":false,"subscribersOnlyAccessible":false,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/842901846"}
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