Workhorse (WKHS) unveils new all-electric step van, a 1,000 cubic foot cargo box on wheels
Long-running commercial EV developer Workhorse has reemerged after a couple years’ hiatus from the public eye with a new electric step van called the W56. The new 1,000+ cubic foot cargo box made its official debut during NTEA’s Work Truck Week in Indianapolis, Indiana, this morning. Check it out.
Workhorse Group Inc. ($WKHS) may not be a name you’ve heard in a while, but it’s more than likely one that you recognize as an early player in EV technology. The company’s history dates back to chassis manufacturing in the late 1990s.
In 2013, AMP EVs took over the Workhorse chassis brand to focus on electric vehicle manufacturing. Following the official name change to Workhorse Group, the company introduced an all-electric pickup truck called the W-15 back in 2016. By 2019, Workhorse was in talks with GM to acquire its production facility in Lordstown, Ohio.
Following a 10% stake in a new EV start-up you may have heard of called Lordstown Motors, Workhorse shared design details of its W-15 pickup under a licensing agreement that enabled what would become the Lordstown Endurance – an EV vehicle and maker with its own list of issues.
In 2021, Workhorse faced major controversy following investigations by both the US Department of Justice and the SEC pertaining to traded securities in the company. The reports stated that Executives at the company sold $60 million worth of company stock after learning its bid to supply EVs to the revamped USPS fleet was in trouble.
The order was eventually awarded to Oshkosh Defense. Workhorse originally filed a formal complaint with the US Court of Federal Claims, protesting the awarded contract to Oshkosh, but dropped the complaint in September 2021. At the time, current CEO Rick Dauch had recently been appointed and wanted to focus on other business opportunities. A week later, Dauch halted Workhorse’s limited electric van production indefinitely, citing a lack of confidence in their reliability.
The press room at Workhorse Group has been eerily quiet since then, but we’ve learned that in the past 18 months, Dauch and his revamped team have been working on launching a new era for the dubious brand, beginning with a new all-electric step van called the W56.
Workhorse’s new van demonstrates “EV caliber to come”
Workhorse unveiled the W56 step van in front of a crowd at the Indian Convention Center this morning. The company shared that by leveraging its previous designs and millions of miles of service on roads, it was able to design the W56 as its first purpose-built chassis platform erected from the ground up at its factory in Union City, Indiana. CEO Rick Dauch was there and spoke to the work that went into the new Class 5/6 step van:
The W56 marks the first official vehicle designed and produced under our revamped team and is the culmination of many hours of hard work combined with process enhancements implemented over the past 18 months. This vehicle incorporates the extensive on-road learnings of our legacy vehicles and improves upon those models with a new custom-designed chassis, demonstrating the caliber of trucks that we will produce for years to come. As we complete the final steps in our transition from a technology start-up to a pioneering commercial EV OEM, we look forward to starting production and making initial deliveries later this year.
Workhorse shared that the new zero-emissions delivery van was designed to meet the demands of various jobs using commercial vehicles, stating it will come available in a number of configurations to support those various business applications. The W56 features a cargo box with over 1,000 cubic feet of space and a payload capacity of up to about 10,000 pounds.
As a local work/delivery van, the Workhorse W56 will offer up to 150 miles of range on a single charge; it was also designed with last-mile delivery drivers in mind. The electric van features a lowered step-in and wider cabin door for easier movement in and out of the ergonomically designed cabin.
Production of the W56 step van is expected to begin in Q3 of this year, but Workhorse shared that customer demonstration EVs should be ready to deploy in the coming weeks.
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More than 100,000 home batteries across California stepped up as a virtual power plant last week in a scheduled test event, and the results were impressive, according to new analysis from The Brattle Group.
Sunrun was the largest aggregator, Tesla was the largest OEM, and most of the batteries were enrolled
in California’s Demand-Side Grid Support (DSGS) program.
Sunrun’s distributed battery fleet delivered more than two-thirds of the energy during a scheduled two-hour grid support test on July 29. In total, the event pumped an average of 535 megawatts (MW) onto the grid – enough to power over half of San Francisco.
The event, run between 7 and 9 pm, was coordinated by the California Energy Commission, CAISO (California Independent System Operator), and utilities to prepare for stress on the grid during August and September heat waves. And it worked.
Sunrun alone averaged over 360 MW during the two-hour window. The batteries kicked in right when electricity demand typically spikes in the evening, acting just like a traditional power plant, but from people’s homes.
Brattle’s analysis found that the battery output made a visible dent in statewide grid load, when the power is needed most. “Performance was consistent across the event, without major fluctuations or any attrition,” said Ryan Hledik, a principal at The Brattle Group. He called it “dependable, planning-grade performance at scale.”
Residential batteries, Hledik explained, don’t just help shave off demand during critical hours; they can reduce the need for new power plants entirely. “They can serve CAISO’s net peak, reduce the need to invest in new generation capacity, and relieve strain on the system associated with the evening load ramp,” he said.
This isn’t a one-off. Sunrun’s fleet already helped drop peak demand earlier this summer, delivering 325 MW during a similar event on June 24. The company compensates customers up to $150 per battery per season for participating.
Sunrun CEO Mary Powell summed it up: “Distributed home batteries are a powerful and flexible resource that reliably delivers power to the grid at a moment’s notice, benefiting all households by preventing blackouts, alleviating peak demand, and reducing extreme price spikes.”
Read more: The US’s largest virtual power plant now runs on 75,000 home batteries
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Hyundai’s new Elexio electric SUV, which is built in China, could be sold in overseas markets. The CEO of Hyundai Australia calls it “a promising vehicle” that could help the company regain market share from Tesla, BYD, and others.
Will Hyundai’s new Elexio SUV be sold overseas?
The Elexio SUV is the first dedicated electric vehicle from Hyundai’s joint venture with BAIC in China, Beijing Hyundai.
After unveiling it for the first time in May, Hyundai is preparing to launch the new Elexio in China in the next few weeks.
According to a new report, Hyundai’s new electric SUV could be sold in overseas markets, including Australia. Don Romano, the CEO of Hyundai Australia, told journalists (via EV Central) last week during the launch event for the new IONIQ 9 that the company has done a “terrible job” with its EVs so far.
“And the only explanation for that is that we haven’t put enough focus into it,” he explained. However, Romano promises the automaker will do better.
Hyundai plans to boost marketing and support its dealership network, which only began selling IONIQ EV models a little over a year ago.
In what mostly went under the radar, Romano also suggested the new Elexio SUV could arrive in Australia. “It’s under evaluation now,” he said, adding, “it’s definitely a promising vehicle.”
Despite this, it may have a few hurdles to clear. Hyundai’s Australian boss explained, “I still have work to do to ensure that it’s the right vehicle in the right segment at the right price for our market. And I have not reached that level yet.”
Romano told journalists that a final decision needs to be made “in the next 60 to 90 days,” and to check back in three months when he will have a definitive answer.
Hyundai Australia is also looking to launch the IONIQ 2, a smaller, more affordable EV to sit between the Inster EV and Kona Electric.
Romano said, “It’s a potential opportunity,” but didn’t provide any details. He said, at this point, he’s just glad Hyundai is producing it. “Now I just need to get the details and find out, will it fit into our overall product plan and create enough demand to where it becomes a viable option for us? So my initial thought is absolutely. Yep.” Hyundai Australia’s boss told journalists.
The new EVs would help Hyundai, which has been struggling to keep pace in the transition to electric, compete in Australia and other overseas markets.
As of June 2025, Hyundai has sold only 853 EVs in Australia. In comparison, Tesla has sold 14,146 electric vehicles, and BYD has sold over 8,300. Even Kia is selling more EVs in Australia, with 4,402 units sold in the first six months of the year.
Measuring 4,615 mm in length, 1,875 mm in width, and 1,673 mm in height, Hyundai’s electric SUV is slightly smaller than the Tesla Model Y.
It recently underwent three consecutive crash tests among several other global evaluations, consistently outperforming benchmarks. Based on Hyundai’s E-GMP platform that powers nearly all Hyundai and Kia EVs, the Elexio has a CLTC driving range of up to 435 miles (700 km)
Hyundai is set to launch it in China in the third quarter of 2025. Prices have yet to be announced, but it’s expected to start at around 140,000 yuan ($19,500).
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Time’s ticking for snagging a great EV lease deal. With the 25% tariff on imported EVs already in place and the federal tax credit disappearing on September 30, automakers are rolling out serious deals. If you’re thinking about going electric, now’s the moment. Here are some of the best August EV lease deals our friends at CarsDirect found.
2025 Honda Prologue lease from $159/month
Honda’s throwing down a wild lease deal on the 2025 Prologue if you’re in the right state. For a limited time, you can drive off in the all-electric SUV for the equivalent of just $200/month, but there’s a twist. Instead of monthly payments, Honda’s offering a rare One Pay Lease: you drop $4,800 upfront for a 24-month lease. That’s it. No monthly bills, and you save nearly 2% compared to standard rates.
If paying all at once isn’t in the cards, there’s still an option to pay $159/month for 24 months with $1,099 due at signing. Either way, the Prologue ranks among the cheapest new electric SUVs to lease right now.
There are some strings, though. These ultra-low prices are only available in California and other CARB states, and they include a $3,500 loyalty or conquest bonus, so you’ll need to be coming from a Honda lease or ready to ditch another brand.
These deals rely on the EV lease loophole to pass through the $7,500 tax credit. Once that disappears on September 30, expect prices to jump. At that point, buying might make more sense than leasing.
Click here to find a local dealer that may have the Honda Prologue in stock. –trusted affiliate link
2025 Volkswagen ID.4 lease from $129/month
Volkswagen just slashed the ID.4 lease – and it’s a big one. Right now, you can lease the 2025 ID.4 Pro RWD for just $129/month for 24 months with 10,000 miles a year. That works out to an effective cost of only $233/month, making it $264 less than it was before.
This isn’t just a good deal – it’s practically interest-free. The previous lease rate hovered around 1%, but now it’s basically 0%. On top of that, VW is stacking up to $9,250 in lease cash depending on which trim you pick. Even the base Pro RWD gets $7,500 in incentives. This deal only runs through August 31.
Click here to find a local dealer that may have the Volkswagen ID.4 in stock. –trusted affiliate link
2025 Hyundai IONIQ 5 lease from $149/month
Hyundai just dropped one of the best EV lease deals of the summer. The refreshed 2025 Hyundai IONIQ 5 SE Standard Range is going for $149/month for 36 months (10,000 miles a year) with $3,999 due at signing. That brings the effective monthly cost to just $260 – a nearly $100 drop from July’s offer. This deal is available through September 2.
If you’ve got little wiggle room in your budget, the SE Long Range might be worth the upgrade at $189/month with the same upfront cost – only $40 more a month for a lot more range.
Click here to find a local dealer that may have the Hyundai IONIQ 5 in stock. –trusted affiliate link
2025 Hyundai IONIQ 6 lease from $169/month
The 2025 Hyundai IONIQ 6 SE Standard Range is going for $169/month for 24 months (12,000 miles a year) with $3,999 due at signing. That pencils out to an effective cost of $336/month, and with the current lease cash, it’s a solid bargain.
Hyundai is offering up to $11,750 in lease cash on the IONIQ 6, plus an extra $1,000 Inventory Coupon if you lease a car that’s been sitting on the lot for 180+ days. That’s even more than July’s offer.
These offers are good through September 2, so if sleek, efficient, and affordable is your vibe, the IONIQ 6 is a solid choice.
Click here to find a local dealer that may have the Hyundai IONIQ 6 in stock. –trusted affiliate link
2025 Subaru Solterra lease from $279/month
The 2025 Subaru Solterra just became one of the most affordable EVs to lease. It’s going for $279/month for 36 months with just $279 due at signing. That brings the effective monthly cost to just $287, an incredible deal for an all-electric SUV with an MSRP pushing $40,000.
To put it in perspective: the 2025 Honda CR-V Hybrid has an effective monthly cost of $486. So yeah, the Solterra wins this round. This offer’s available through September 2.
Click here to find a local dealer that may have the Subaru Solterra in stock. –trusted affiliate link
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