Electric Vehicle Maker Workhorse Secures $200 Million in Financing, Will Add 200 Jobs
LOVELAND, OH—Electric vehicle maker Workhorse has secured $200 million in financing to add jobs, speed up production and expand its product offerings.
The company is in the process of hiring 200 people between its Loveland and Union City, IN, facilities. “We don't want to lose any momentum while we have a head start,” says Workhorse CFO Steve Schrader.