Failure to launch: Workhorse Group ousts CEO as production delays escalate
Auto industry veteran Rick Dauch takes over struggling electric truck maker 2 minutes read Lines of Workhorse Group C-Series electric vans sit outside its factory in Union City, Indiana.
Quarter after quarter of missed production targets finally caught up with Workhorse Group CEO Duane Hughes, ousted Thursday at the electric delivery van maker and replaced by auto industry veteran Rick Dauch.
Workhorse (NASDAQ: WKHS) has produced very few composite body electric vans in each of the past few quarters. Supply chain disruptions are the latest setback following a decision to change battery suppliers and a COVID outbreak that affected 36% of the workforce.
Star-studded lineup playing at 40th annual Jacksonville Jazz Festival
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Jacksonville Jazz Festival announces 40th anniversary lineup | Jax Daily Record | Jacksonville Daily Record
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