![]() Moreover, eTrucks does not seem to be a major company I was not even able to find its website. But of course, 20 trucks is not exactly a high number of vehicles. Reiterating information contained in a press release that Workhorse issued last month, Hughes noted that Ohio-based eTrucks, a resellers of trucks, had ordered 20 of Workhorse’s trucks. The owners of WKHS should be worried about the fact that UPS apparently only acquired 350 of the 1,000 trucks it ordered from Workhorse and does not appear interested in ordering any more at this point. Asked about the shipping company, he said he had “nothing really” to report, adding “it’s really just a function of working directly with UPS in terms of how they’re building out their infrastructure.” Hughes had no news to shares about UPS on the company’s recent conference call.
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