Announcement • Jul 29
Workhorse Group, Inc. Announces Planned Entry Into Mobile AI Data Center Category Workhorse Group, Inc. announced its intent to enter the mobile AI data center category with a new product: a turnkey, compute-ready, containerized mobile AI data center designed to meet the localized mobile AI infrastructure needs of distributed deployment applications worldwide. The new containerized mobile AI data center product line, which is currently in development, is intended to leverage Workhorse’s existing engineering, software, testing, agile design and supply-chain capabilities as well as other cost synergies from manufacturing the new mobile AI data center product line at its plant in Indiana. According to Grand View Research, the market size for “Containerized Data Centers” could reach $41 billion by 2031. Workhorse intends to meet this demand with a new proprietary mobile AI data center infrastructure product. The initial containerized design is expected to feature liquid-to-liquid cooling, isolated server racks, a separate climate-controlled operator zone with two workstations, integrated uninterruptable power supply (UPS) and battery back-up power, a fire suppression system, advanced monitoring for safety and security, and the ability to use multiple sources of external power, among other capabilities needed to operate a mobile AI data center. Workhorse expects to develop a partnership-based go-to-market approach for the new product line via supplier partnerships with final data center developers who would manage the market development and customer relationship aspects of this product line. Workhorse is targeting 2027 for the commencement of initial production and commercial deliveries. Engineering and Technical Synergies: Workhorse believes that its expertise and competencies in areas like power electronics, thermal management, ruggedized enclosures, mobile connectivity, vibration isolation and embedded systems, are also applicable to containerized platforms that can meet the operating demands of mobile AI data center hardware and systems. Manufacturing Synergies: With its flexible, low-cost, low-overhead manufacturing center in Union City, Indiana, Workhorse can accommodate high-mix, low-volume production, custom configurations, and rapid iteration. Moreover, Workhorse’s design-test-validation cycles are purpose-built to be agile and to translate customer requirements and lessons from the field into new features and product improvements in weeks, not model years. Workhorse also has continued the previously announced engineering and design work for its upcoming modular chassis and cab chassis products, with production for those products also expected to begin in late 2027. The company anticipates providing further updates on both its commercial vehicle line of business and its new product line during Workhorse’s Second Quarter earnings call scheduled for August 13, 2026. Announcement • Jul 15
Workhorse Group, Inc. to Report Q2, 2026 Results on Aug 13, 2026 Workhorse Group, Inc. announced that they will report Q2, 2026 results on Aug 13, 2026 Announcement • Jul 14
Workhorse Group Inc. Announces Executive Changes, Effective from July 13, 2026 As previously disclosed by Workhorse Group Inc. (the “Company”) in its definitive proxy statement on Schedule 14A, filed with the Securities and Exchange Commission on October 8, 2025, in connection with the Company’s acquisition of Motiv Power Systems, Inc. (the “Merger”), certain executives of the Company, including Robert M. Ginnan, the Company’s Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer), agreed to terminate their employment with the Company upon the closing of the Merger, or such later date as reasonably required for such executives to successfully transition their duties. In connection with the appointment of Jody Davis, on July 13, 2026, Robert M. Ginnan and the Company agreed that Mr. Ginnan will no longer serve as the Company’s Chief Financial Officer, effective July 13, 2026. On July 13, 2026, the Company announced the appointment Lindsay A. Barnes as its Chief Accounting Officer (Principal Accounting Officer), effective immediately. Ms. Barnes has served as the Company’s Vice President, Corporate Controller since November 2025. Ms. Barnes has more than twenty-six years of experience in the field of accounting. Prior to joining the Company, she has most recently served as Vice President, Controller of Mastronardi Produce Ltd, a commercial produce company, from February 2024 to April 2025. Previously, Ms. Barnes held various positions at La-Z-Boy Incorporated, including Vice President of Strategy, Vice President of Finance and Treasurer, Vice President, Corporate Controller and Chief Accounting Officer from November 2011 until February 2024. Ms. Barnes is a registered certified public accountant and holds a BBA in accounting from Eastern Michigan University. There is currently no change to Ms. Barnes’ compensation as a result of her appointment as Chief Accounting Officer. 
