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.

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Source Fool.com