![]() ![]() CATL’s LFP packs are also rated for double the lifespan of typical NMC packs. The CSI/CATL LFP battery systems selected by Workhorse are rated at up to 160 Wh/kg, matching today’s Nickel-Manganese-Cobalt (“NMC”) packs. CATL batteries power over 1.2 million electric vehicles, including over 330,000 trucks and buses currently operating in demanding environments and terrains with some of the world’s largest commercial fleets.ĬSI optimizes battery system solutions using CATL’s more than 100 unique pack/cell combinations to match drive system voltages and provide desired energy capacities. Incorporating CSI/CATL battery systems into our vehicles enables us to provide a dual benefit of overall superior performance while supporting greater pay-load capacities.”ĬATL is the largest EV battery manufacturer in the world with over 60 Gigawatt hours (“GWh”) of current production capacity and facilities capable of another 70+GWH capacity underway. “These systems will enable Workhorse to offer our customers a variety of EV driving ranges and with an excellent battery warranty backed by a global, blue-chip enterprise. ![]() “We selected the CSI/CATL battery systems for their proven performance over the last decade in commercial EVs worldwide as well as their high safety level, light weight, and wide range of off-the-shelf battery systems from 40 to over 600kWh,” said Workhorse CEO Duane Hughes. CSI recently completed the validation of a new 120 kilowatt-hour (“kWh”) Lithium-Iron Phosphate battery system in Workhorse’s C-1000 delivery platform and will be providing production quantities starting in May 2021. The CATL battery systems supplied by CSI will power Workhorse’s advanced composite C-650 and C-1000 delivery vans starting in the second quarter of this year. ![]() (“CSI”), the North American distributor of Contemporary Amperex Technology Co., Limited (“CATL”) Commercial Vehicle Battery Systems, to provide battery systems for their best-in-class electric delivery vehicles. (NASDAQ: WKHS ) (“Workhorse ” or “the Company” ), an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last mile delivery sector, announced today that it has entered into a supply agreement with Coulomb Solutions, Inc. One favored combination of this type which also looks to fit in well with our expectations of what’s possible for WKHS stock going forward over the next few months is the October $17/$23 collar combination.CSI/CATL’s lithium battery packs power over 330,000 commercial electric vehiclesĬINCINNATI, (GLOBE NEWSWIRE) - Workhorse Group Inc. The investor’s stock and short call are cashed out automatically for a quicker and maximized profit, while keeping a free bearish long put left in inventory as a side bet. Also a benefit, any potential short contract exercise surprises are fully-hedged by the long stock. This type of position ensures less downside risk and a much larger profit profile if a rally takes hold. To be fair, much of this month’s bullish candlestick reversal can be attributed to some covering of positions from WKHS stock’s bearish short interest, as well as wishful action from bulls on word of legal action by Workhorse against the USPS.Īcknowledging those riskier factors in shares, if investors are willing to take a forward-looking price chart at its bullish face value, my advice would be to use a slightly out-of-the-money collar. And today, with a deep and well-supported bottoming pattern revealing itself on today’s price chart (above), WKHS stock can also be wagered on with increased odds of winning. Given a much-lower $2.0 billion valuation and for the positive reasons expressed above, a meaningful comeback can be entertained. Remember that scant bit of revenue? The thing is WKHS isn’t just a concept, you can kick the tires of its fleet of C650 and C1000 today! The company also has a growing list of customers that’s already building on those sales and sufficient cash to see its way through today’s darkish-looking tunnel. WKHS stock isn’t dead.įor starters, Workhorse has proven EV delivery vehicles on the road. But it’s also far from the end-all, say-all for Workhorse. Yet today, and with short interest in the vicinity of 37% to 40%, are those bears betting on the wrong pony? It’s quite possible.Īs InvestorPlace’s Louis Navellier recently opined, nobody is going to deny the USPS contract would have been a boon. Toss in broader, weak sentiment as Wall Street pivoted away from higher and no-multiple growth stocks during February and it’s little surprise Workhorse’s resident bear following managed to continue making hay into mid-May as shares hit a low of $7.07. With the contract and its estimated 50,000 to 165,000 NGDV’s landing in the lap of Oshkosh (NYSE: OSK), WKHS’ peak market cap was immediately cut by more than half as shares plummeted 47% immediately after the disappointing news broke on Feb. ![]()
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![]() ![]() ![]() According to Aristotle, a tragedy often surrounds a protagonist of high birth who has a fatal flaw, or hamartia. His intimacy with the audience is necessary for the tragedy’s success and critical in Othello’s downfall.Īristotle’s Poetics analyzes and pinpoints the components of Greek tragedy. Iago drives this struggle, manipulating all around him. The catharsis is a complicated achievement, especially in Othello, in which the true struggle surrounds love, will, and loyalty. Tragedies, as examined by Aristotle, end in a moment of catharsis for the audience. The fight for power here is about the domestic, emotional, and personal. Don John is elusive because the true protagonists are Beatrice and Benedick, followed by Claudio and Hero. Richard III is transparent because the play is his story. Each villain is shaped by the genre of their play and the necessities of that particular plot. His inner monologue and manipulations are fully available and he is driven by ambition and politics. Richard is both the protagonist and a malicious villain. This differs from Richard III, a historical play. While he propels the conflict, little more is known of Don John and his state of mind. He is motivated by a jealousy and anger toward his brother that causes him to poison the relationship between Claudio and Hero. He is the illegitimate brother of Don Pedro. In Shakespeare’s comedy Much Ado About Nothing, Don John is an elusive villain. They make way for the protagonists to succeed or fail. This is especially true for the plays of William Shakespeare. 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NPR's Claire Murashima looked into some of higher education's quirkier offerings. ![]() Make a fluffy sheep craft using cotton balls, or leave them off for a simple paper craft.Many high school seniors are figuring out their college plans. This sheep craft is such a cute Easter craft, but it’s also perfect for Sunday School or a farm studies unit at school. You could even cut out little bits of yarn or paint bubble wrap white for some fun texture! Instead of cotton balls, use white poms poms, shredded paper, packing peanuts, or anything else you can think of that will look like fluffy wool. Unfortunately white paper is too flimsy to hold the cotton balls. You need some kind of heavy paper or cardboard to make this craft. If you don’t have white cardstock, you can cut out the body shape on the template and trace it onto a cereal box. You can also use a white crayon, white or lighter coloured gel pens, or even colored pencils, to write on black paper! 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