Workhorse Group Inc operates in the Motor vehicles and car bodies sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Workhorse Group Inc with three other
automobile manufacturers in North America:
Electrameccanica Vehicles Corp
of CANADA
(2020
sales of 761,369.01 Canadian Dollars [US$603,780.85 ]
of which 100%
was Custom Built Vehicles),
Nikola Corporation
($95,000.00
), and
GreenPower Motor Company Inc
which is
based in CANADA
(17.98 million Canadian Dollars [US$14.26 million]
).
Sales Analysis.
Sales increased substantially in 2020:
Workhorse Group Inc reported sales of $1.39 million
for the
year ending
December of 2020.
This
represents
an
increase of 269.8%
versus 2019, when the company's sales were $376,562.00 .
Sales of Automotive saw an increase
of
434.9% in 2020, from
$240,280.00 to $1.29 million.
Not all segments of Workhorse Group Inc experienced an increase in sales in 2020:
sales of Other fell 74.1% to $35,362.00 .