Search Results Found For: "usps"

Is Workhorse still in the game? Lawmakers investigate Oshkosh trades, introduce bill to fund US Postal Service electrification

EV advocates (and investors in WKHS stock) were shocked and disappointed by the US Postal Service’s recent decision to award a 10-year contract to Wisconsin-based Oshkosh Defense to manufacture a new generation of postal delivery vehicles. The Workhorse Group, which specializes in EVs designed for last-mile delivery, and counts UPS and FedEx Express among its… Read more »

FedEx to electrify its delivery fleet by 2040

FedEx has announced a goal to achieve carbon-neutral operations by 2040. The delivery giant will invest $2 billion in vehicle electrification, sustainable energy and carbon sequestration. By 2040, FedEx says its entire parcel pickup and delivery (PUD) fleet will consist of electric vehicles. The goal will be met through phased programs to replace existing vehicles—by… Read more »

President Biden announces plan to update federal vehicle fleet with US-made EVs

President Joe Biden has announced that he will replace the entire US federal fleet with US-made electric vehicles. “The federal government also owns an enormous fleet of vehicles, which we’re going to replace with clean electric vehicles made right here in America, by American workers,” said the 46th president. The administration has not announced a… Read more »

Motiv Power Systems delivers 9 electric trucks to Sacramento Community Resource Project

Motiv Power Systems has delivered 9 electric box trucks to Sacramento’s non-profit Community Resource Project (CRP). The e-trucks will be used to provide home energy audits, weatherization and HVAC services to low-income residents in an area where air quality is some of the worst in the country. Motiv’s all-electric chassis and software platform is designed… Read more »

GM finalizes sale of Lordstown plant to Workhorse-affiliated EV builder

Well, what do you know! It appears the historic Lordstown deal is going to happen after all. Lordstown Motors (LMC) has formally announced its acquisition of the former GM manufacturing complex in Lordstown, Ohio. LMC, a spin-off of Workhorse Group (NASDAQ: WKHS), plans to begin production of an electric pickup at the Lordstown plant starting… Read more »

Motiv secures $60 million to scale EPIC electric chassis, establish Detroit plant

Motiv Power Systems, maker of the EPIC all-electric chassis for buses and trucks, has secured $60 million in equity funding, led by investors GMAG Holdings and Winnebago. The funds will support the overall growth of Motiv, which includes opening a new engineering and manufacturing facility in Detroit and facilitating further growth in the large-fleet customer… Read more »

No, Workhorse hasn’t yet secured funding to buy GM’s Lordstown plant, but the deal is moving forward

For some time, Charged has followed the story of Workhorse Group, a Cincinnati-based company that has built a prototype electric pickup, has sold electric trucks to UPS and FedEx, and is in the running for a major contract to supply delivery trucks to the US Postal Service. Along with other observers of the EV scene,… Read more »

Is Workhorse’s deal to buy Lordstown plant from GM to build electric pickup too good to be true?

News travels by strange paths these days. The world first learned of a tentative deal for electric truck maker Workhorse to buy GM’s idled Lordstown, Ohio plant via a self-congratulatory tweet by the President of the US. If the deal goes through, it could be a win-win-win-win: Workhorse might receive a windfall like the one… Read more »

Fleet electrification? What’s that? Amazon orders 20,000 fossil-powered vans

Delivery trucks are ideal candidates for electrification, and they deliver long-term cost savings as well as cleaner air and quieter operation. Major fleets around the world, including FedEx and USPS, are testing them. A few operators have already passed the pilot stage, and placed substantial orders: Deutsche Post designed and built its own electric delivery… Read more »