BrightDrop, GM’s electric delivery company, projects $1 billion in revenue in 2023

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$10 billion in revenue by the end of the decade

The pandemic has fueled a boom in home delivery, with experts predicting that the number of delivery vehicles in the largest 100 cities around the world will increase by 36 percent over the next decade. More trucks equal more tailpipe pollution, at least 36 percent or 6 million tons,. Getting the carbon emissions out of this segment will go a long way toward improving air quality and fighting climate change.

But the company has a lot of stiff competition. In addition to BrightDrop, Ford, Rivian, and Arrival are all working on their own electric vans for commercial customers. Amazon has said it would buy vans from Rivian and Stellantis, while UPS is interested in Arrival. Ford is likely to iterate on itsBrightDrop says it can see a clean balance sheet on the horizon, confirming that it is set to generate up to $10 billion in revenue and reach 20 percent profit margins by the end of the decade.

 

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Let's hope these don't get into the hands of USPS and catch on fire 💀😂

Can I get 200Kwh delivered?

Suuuuuure they do.

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