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Brink's Purchases Electric Trucks from Workhorse Group

Aug 2, 2017

Press Release

CINCINNATI, Aug. 1, 2017 /PRNewswire/ -- Workhorse Group Inc. (NASDAQ: WKHS), an American technology company focused on providing electric mobility solutions to the transportation sector, today announced that Brink's has purchased two Workhorse Class 5 E-GEN and E-100 chassis, paired with a Brink's custom logistics body. The E-100 all-electric truck and the E-GEN electric extended-range truck will be deployed in California and Chicago to enhance the Brink's U.S. fleet with cleaner, more economic vehicles.

The Workhorse E-100 all-electric, zero emission truck achieves 37.5 MPGe fuel efficiency, with an average range of 100 miles on a single charge depending on duty cycle. The Workhorse E-GEN battery-electric extended range step van achieves 30 MPGe fuel efficiency, with an average range of 60 miles all-electric plus an additional 60 miles using the integrated BMW range extender, and reduces emissions by 75%. Both vehicles utilize Panasonic Li-Ion battery packs and incorporate Workhorse's proprietary chassis design, powertrain, battery management system and real-time Metron telematics system.

"We are delighted to be working with Brink's on a fleet electrification plan, starting with California and Chicago," said Steve Burns, Workhorse CEO. "Our medium-duty E-100 and E-GEN vehicles save our customers an estimated $150,000 in total cost of ownership savings per truck over a lifetime of use. Workhorse electric trucks lessen impact on the environment, while breaking dependency on petroleum based fuels."

About Workhorse Group Inc. Workhorse is a technology company focused on providing electric mobility solutions to the commercial transportation sector. As an American original equipment manufacturer, we design and build high performance battery-electric vehicles including trucks and aircraft. We also develop cloud-based, real-time telematics performance monitoring systems that are fully integrated with our vehicles and enable fleet operators to optimize energy and route efficiency. All Workhorse vehicles are designed to make the movement of people and goods more efficient and less harmful to the environment.

About The Brink's Company The Brink's Company (NYSE: BCO) is the world's premier provider of secure transportation and cash management services. For more information, please visit The Brink's Company website at www.Brinks.com or call 804-289-9709.

View original content: http://www.prnewswire.com/news-releases/brinks-purchases-electric-trucks-from-workhorse-group-300497011.html


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