Longtime auto provide government Richard Dauch would be the subsequent CEO of electrical car firm Workhorse Group.

Dauch, who begins in his new job Monday, replaces Duane Hughes, who was within the function 2 1/2 years, based on a information launch.

Dauch beforehand served as CEO of Delphi Applied sciences PLC, a suburban Detroit powertrain firm that was spun off from Delphi Automotive PLC together with Aptiv PLC in 2017. He guided Delphi Applied sciences via an acquisition by BorgWarner Inc. that closed in October. Following the $3.2 billion deal, Dauch served as an adviser at BorgWarner for half a 12 months.

He steps into the highest function at Loveland, Ohio-based Workhorse shortly after the corporate filed a authorized problem towards america Postal Service for its multibillion-dollar cope with Oshkosh Protection to fabricate EVs for the federal company’s fleet. Workhorse, which makes all-electric supply vans, had been aiming to land enterprise from the USPS.

Dauch spent 13 years in numerous senior roles at Detroit-based American Axle & Manufacturing Inc., based by his late father Dick Dauch. From there, he served as president and CEO at Acument World Applied sciences for two 1/2 years earlier than serving the identical function for Accuride Corp.

“He’s a powerful government with greater than 25 years of business expertise, together with 12 years serving in CEO roles with personal and publicly traded firms,” Ray Chess, Non-executive Chairman of Workhorse’s board of administrators, mentioned within the launch. “Rick’s confirmed group management capabilities, business experience, buyer focus and profitable operational observe file make him ideally suited to guide Workhorse into its subsequent part of operational ramp-up and progress throughout this dynamic business shift to electrical final mile supply companies.”

Workhorse put its first electrical van on the street at first of the 12 months with plans to fabricate 2,000 by the top of 2021. Nonetheless, it dialed that again to only 1,000 vans, with a backlog of about 8,000, based on the corporate. Its shares plummeted by practically half in February after the USPS awarded Oshkosk the EV contract.

Workhorse shares rose 4.25 % to $11.74 in noon buying and selling on Thursday.

“That is an thrilling time to be part of and lead the Workhorse group as we proceed to ramp up operations, combine our provide base and refine final mile supply options to satisfy the wants of our increasing buyer base,” Dauch mentioned within the launch.