If Translated into Sales, the Letters of Intent Are Worth $113 Million
Workhorse said today that now has letters of intent for 2,150 of its developmental W-15 plug-in electric pickup trucks. Given the projected MSRP of $52,500 per vehicle, the LoIs are potentially worth nearly $113 million.
This item was initially published with news of a letter of intent
for 500 Workhorse W-15 PHEVs on February 27
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