Workhorse Group Inc. reported its Q2 2025 financial results, highlighting significant momentum in fleet orders and deployments. The company secured 36 purchase orders in the second quarter and shipped 32 units. This was driven by real-world fleet performance and positive customer feedback, which in turn led to repeat business and new orders. The W56 vehicles are now in service across an expanding network of FedEx terminals and other partner fleets. The company received approximately $25 million from Motiv's controlling investor on August 15, 2025. This interim funding supports operations, debt repayment, and provides liquidity through the deal close. Workhorse Group also achieved a reduction in operating expenses by $7 million year-over-year through disciplined cost management while maintaining a focus on cash conservation and advancing the product roadmap. In addition, Workhorse completed testing of the W56 140 kWh model, boasting a range of over 100 miles with a full payload. New application options for the W56 have been enabled, including the development and integration of the Utilimaster Aeromaster walk-in van body on the W56 chassis, which is now available for order. The company continues its efforts to convert finished goods inventory into cash, reflecting ongoing financial discipline and strategic progress.