UPS invests in Arrival and places major electric vehicles order

UPS has made a minority investment in electric vehicles startup Arrival.

It has also announced a commitment to purchase 10,000 EVs from the company, with priority access to buy additional ones. These will be deployed in Europe and North America.

“We continue to build an integrated fleet of electric vehicles, combined with innovative, large-scale fleet charging technology,” says Juan Perez, UPS Chief Information and Engineering Officer.

“As mega-trends like population growth, urban migration, and e-commerce continue to accelerate, we recognise the need to work with partners around the world to solve both road congestion and pollution challenges for our customers and the communities we serve,” he adds.

“Electric vehicles form a cornerstone to our sustainable urban delivery strategies. Taking an active investment role in Arrival enables us to collaborate on the design and production of the world’s most advanced electric delivery vehicles.”

DPD

The move closely follows UK parcel delivery firm DPD’s announcement that it is set to take delivery of 300 new electric Nissan e-NV200 vans by May. Further info on that here.