Workhorse Partners With RHAELM to Develop Modular AI Data Centers

• Workhorse partnered with UK-based RHAELM to commercialize TerraPod, its modular data center platform.
• RHAELM will pay $10 million for a full-scale manufacturing reference unit built at the Union City, Indiana, facility.
• A nonbinding letter of intent targets a definitive supply agreement by December 31, 2026, including a U.S. right of first refusal.
• The contemplated initial order covers 150 TerraPod systems, subject to a signed supply agreement, platform acceptance, definitive documentation and internal approvals.
• Production could begin in late 2027 or early 2028.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Workhorse Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-068250), on October 29, 2026, and is solely responsible for the information contained therein.