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12Jan2016

UPS (UPS) Purchases 125 Hybrid-Electric Delivery Trucks

UPS (NYSE: UPS) announced it has purchased 125 new technology hybrid electric delivery trucks, as part of a broader program to deploy electric-powered vehicles with greater range and performance.

The new trucks will deliver significant fuel economy equivalency gains – up to four times the fuel economy of a gasoline powered vehicle, compared to a 10 to 15% improvement with previous hybrid designs. They will be deployed in Arizona, Texas, Nevada, Mississippi, Alabama, Georgia and Florida the first half of 2016.

The trucks were purchased under UPS’s commitment to utilize advanced technologies to reduce the environmental impact of its fleet. While the new electric vehicles will cost UPS slightly more than a similar truck with a conventional engine, the company’s sustainability commitment influenced the purchase decision. The vehicles are being manufactured by Workhorse Group, Inc., a Cincinnati-based company which manufactures electric drive systems for commercial trucks and can equip them with electric engines.

Read more: UPS (UPS) Purchases 125 Hybrid-Electric Delivery Trucks

  • 12 Jan, 2016
  • Double H Author
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