Exclusive: GM plans electric van for business users in bid to pre-empt Tesla

DETROIT: General Motors Co is developing an electric van aimed at business users, joining a growing list of carmakers planning EVs for the same segment which includes customers such as Amazon.com Inc and United Parcel Service Inc , five people familiar with the plans told Reuters.

Scott Phillippi, UPS senior director of fleet maintenance and engineering, said the package delivery firm believes electric vans have the potential to disrupt the commercial market. In a statement, GM said it is"committed to an all-electric future and is implementing a multi-segment, scalable EV strategy to get there. At this time, we do not have any announcements to make regarding electric commercial vehicles."

In February, Ford said it would introduce an electric version of its Transit van for model year 2022."The most critical bet we will be making over the next several years will be our commercial vehicles," Ford's chief operating officer, Jim Farley, told Reuters at the time.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

GM, Ford join US companies condemning George Floyd death, racismGeneral Motors Co and Ford Motor Co condemned racial inequality in the United States following the death of George Floyd, an unarmed black man, ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Exclusive: US small business program handed out virus aid to many borrowers twiceA technical snafu in a U.S. government system caused many small businesses to receive loans twice or more under a federal aid program to help ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Exclusive: Huawei hid business operation in Iran after Reuters reported links to CFOChina's Huawei Technologies acted to cover up its relationship with a firm that had tried to sell prohibited U.S. computer gear to Iran, after ... When it comes to Huawei, there's too much communist baggage. Predatory price points underwritten by Beijing destroy free market competition. CCPChina increasingly reviled worldwide. Getting vital supply chains OUT of PRC are increasing priority around the civilized world. Extradite to Guantanamo bay
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »