CLN Coils Lamiere Nastri Competitors and Similar CompaniesClear all
Workhorse's competitors and similar companies include Magnax and Lightning Systems.
 Lightning Systems Lightning Systems is an automotive research and manufacturing company developing zero-emission all-electric powertrains for commercial fleets. | |||
Founding Date | Founding Date 2007 | Founding Date 2015 | Founding Date 2008 |
Type | Type Public | Type Private | Type Private |
Tags | |||
Locations | Locations Sharonville, US HQ Mason, US Union City, US Wixom, US | Locations Kortrijk, BE HQ | Locations Loveland, US HQ |
Employees | Employees 29810% decrease | Employees 25 | Employees 452% decrease |
Financial | |||
Gross profit | Gross profit ($9.6m) (FY, 2025) | Gross profit €4.5m (FY, 2024) | Gross profit N/A |
Net income | Net income ($64.1m) (FY, 2025) | Net income €2.3m (FY, 2024) | Net income N/A |
Funding | |||
Latest funding round | Latest funding round N/A | Latest funding round $ 19.6m (over 5 years ago) | Latest funding round $ 41m (over 6 years ago) |
Total funding raised | Total funding raised $ 67.4m | Total funding raised $ 22.6m | Total funding raised $ 53.7m |
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.
View companyLightning Systems
HQ
Loveland, US
Employees
45↓ 2% decrease
Lightning Systems is an automotive research and manufacturing company developing zero-emission all-electric powertrains for commercial fleets.
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