Workhorse Group Announces Deal With Hitachi to Support Growth Plan
Electric delivery-van maker Workhorse Group (NASDAQ: WKHS) said that it has entered into strategic agreements with two subsidiaries of Japanese electronics giant Hitachi (OTC: HTHIF), Hitachi America and Hitachi Capital America Corporation.
Under the agreements, Hitachi America and other Hitachi Group companies will help Workhorse scale up its production and build out a nationwide dealership network.
Workhorse began production of its electric C-Series delivery vans earlier this year. Image source: Workhorse Group.
Source Fool.com
