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Workhorse and Motive Merge to Form Largest Commercial Electric Vehicle Company
ByAinvest
Saturday, Dec 13, 2025 10:32 am ET1min read
Workhorse and Motiv, two electric vehicle startups, have merged to form a larger company valued at approximately $105 million. The combined company aims to serve the growing medium-duty truck segment with a range of Class 4-6 electric vehicles. The merger is expected to close in Q4 2025 and will bring significant economies of scale and manufacturing capabilities to the combined company.
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