CLN Coils Lamiere Nastri Competitors and Similar CompaniesClear all

Workhorse's competitors and similar companies include Magnax.
Workhorse
Workhorse
Workhorse is a company that specializes in electric delivery drones and trucks.
Magnax
Magnax
Magnax is a company that develops and manufactures yokeless axial flux motors.
Founding Date
Founding Date
2007
Founding Date
2015
Type
Type
Public
Type
Private
Tags
Locations
Locations
Sharonville, US HQ
Mason, US
Union City, US
Wixom, US
Locations
Kortrijk, BE HQ
Employees
Employees
29810% decrease
Employees
25

Financial

Gross profit
Gross profit
($9.6m) (FY, 2025)
Gross profit
€4.5m (FY, 2024)
Net income
Net income
($64.1m) (FY, 2025)
Net income
€2.3m (FY, 2024)

Funding

Total funding raised
Total funding raised
$ 67.4m
Total funding raised
$ 22.6m
For sources of this data, please see the company profile

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Magnax
HQ
Kortrijk, BE
Employees
25

Magnax is a company that develops and manufactures yokeless axial flux motors.

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