UPS is eyeing a driverless and electric future for its fleet as it focuses on e-commerce - CNBC
UPS announced Wednesday investments in electric trucks, the testing of self-driving vans and the construction of a new “super hub” as part of its efforts to capitalize on the growth of e-commerce.
UPS, which sees electric vehicles as a key part of its sustainability efforts, will purchase 10,000 electric vehicles from U.K.-based startup Arrival and take a minority stake in the company. The financial details were not disclosed.
The vehicles will be customized for UPS with a modular design that the company says will allow for parts to be standardized and reduce the cost of maintenance. UPS’ fleet currently has more than two dozen different model vehicles. The delivery vans will be deployed in North America and Europe.
UPS announced Wednesday investments in electric trucks, the testing of self-driving vans and the construction of a new “super hub” as part of its efforts to capitalize on the growth of e-commerce.
UPS, which sees electric vehicles as a key part of its sustainability efforts, will purchase 10,000 electric vehicles from U.K.-based startup Arrival and take a minority stake in the company. The financial details were not disclosed.
The vehicles will be customized for UPS with a modular design that the company says will allow for parts to be standardized and reduce the cost of maintenance. UPS’ fleet currently has more than two dozen different model vehicles. The delivery vans will be deployed in North America and Europe.
