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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JiYue, a Chinese EV brand focused on delivering all-electric “robocars” to the masses, has unveiled its latest model, and it’s quite a deviation from its previous EVs—but in the best way. Earlier today, JiYue launched the ROBO X supercar, designed for high-speed racing. By high speed, we mean 0-100 km/h acceleration in under 1.9 seconds. My mouth is watering.
JiYue has only existed since 2021, when parent tech company Baidu announced it was expanding from software development into physical EV production, joining forces with multinational automotive manufacturer Geely.
The new “robotic EV” marque initially launched as JIDU with $300 million in startup capital before garnering an additional $400 million in Series A funding, led by Baidu, in January 2022.
In August 2023, Geely took on a larger role in JIDU alongside a greater financial stake as the brand reimagined itself as JiYue, inheriting the JIDU logo and its flagship model, the 01 ROBOCAR.
The 07 finally launched in China earlier this year with 545 miles of range. With an all-electric SUV and sedan on the market, JiYue has unveiled an exciting new entry in the form of a performance supercar called the ROBO X. Check it out:
JiYue’s new ROBO X EV is available for pre-order now
JiYue showcased its new ROBO X hypercar in front of the crowd at the 2024 Guangzhou Auto Show earlier today. Similar to previous models but with a unique spin, JiYue described the ROBO X as an AI smart-driving supercar that, for the first time, blends artificial intelligence and autonomous driving into a high-performance, race-ready EV.
When we say “high performance,” we mean a quad motor liquid-cooled drive system that can propel the ROBO X from 0 to 100 km/h (0 to 62 mph) in under 1.9 seconds. JiYue called the new ROBO X a “performance beast” with “the perfect balance of excellent aerodynamic performance and high downforce.” JiYue CEO Joe Xia was even bolder in his statements about the ROBO X:
For the next 20 years, the design of supercars will bear the shadow of Robo X. This is the best design in the history of Chinese automobiles today, and it is a landmark presence.
Fighter-style airflow ducts bolster the EV’s aerodynamics, efficiency, and overall posture. Per JiYue, the two-seater ROBO X is expected to deliver a maximum range of over 650 km (404 miles).
The new supercar features falcon-wing doors, a carbon fiber integrated frame, and a professional racing HALO safety system offering 360° of support. The interior features an AI smart cockpit with SIMO real-time feedback to give drivers an immersive racing experience.
Furthermore, JiYue said the vehicle will utilize parent company Baidu’s Apollo self-driving technology, which could make it the first electric supercar to apply pure-vision ADAS technology that enables track-level autonomous driving.
Following today’s unveiling of the ROBO X, JiYue has officially opened up pre-orders in China for RMB 49,999 ($6,915). That said, reservation holders will need to be patient as JiYue shared that it doesn’t expect to begin mass production of the ROBO X until 2027.
What do you think? Will people be talking about the ROBO X for the next 20 years?
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This week on Electrek’s Wheel-E podcast, we discuss the most popular news stories from the world of electric bikes and other nontraditional electric vehicles. This time, that includes the launch of the Lectric XPedition 2.0, Yamaha e-bikes pulling out of North America, LiveWire unveils an electric scooter concept, PNY readying its cargo e-scooters for pilot testing, Royal Enfield’s first electric motorcycle, and more.
The Wheel-E podcast returns every two weeks on Electrek’s YouTube channel, Facebook, Linkedin, and Twitter.
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Here are a few of the articles that we will discuss during the Wheel-E podcast today:
Here’s the live stream for today’s episode starting at 9:30 a.m. ET (or the video after 10:30 a.m. ET):
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Crude oil futures were on pace Friday for loss for the week, as a supply gut and a strong dollar depresses the market.
U.S. crude oil is down more than 2% this week, while Brent has shed nearly 2%.
Here are Friday’s energy prices:
West Texas Intermediate December contract: $68.56 per barrel, down 14 cents, or 0.2%. Year to date, U.S. crude oil has shed about 4%.
Brent January contract: $72.36 per barrel, down 20 cents, or 0.28%. Year to date, the global benchmark has lost nearly 6%.
RBOB Gasoline December contract: $1.99 per gallon, up 0.46%. Year to date, gasoline has fallen more than 1%.
Natural Gas December contract: $2.70 per thousand cubic feet, down 2.98%. Year to date, gas has gained more than 4%.
The International Energy Agency has forecast a surplus of more than 1 million barrels per day in 2025 on robust production in the U.S. OPEC revised down its demand forecast for the fourth consecutive month as demand in China remains soft.
A strong dollar also hangs over the market, as the greenback has surged in the wake of President-elect Donald Trump’s election victory.