UPS invests in Arrival and orders 10,000 Generation 2 Electric Vehicles
UPS orders hundreds of millions of euros worth of bespoke purpose built electric vehicles from Arrival, accelerating UPS’ transition to a zero emissions fleet. Today’s initial order of 10,000 vehicles will be rolled out over 2020-2024 with the option for a further order of 10,000 Arrival’s technologies create purpose-built electric delivery vehicles that exactly match UPS’s specifications. UPS and Arrival have co-developed the vehicles which include the latest advanced control and safety features Arrival’s Generation 2 Electric Vehicles are a new category of electric vehicles that surpass traditional vehicles in cost, design and efficiency with 50% operational cost savings for fleet owners Arrival has invented a new method of assembly using low capital, low footprint microfactories located to serve local communities and profitable from thousands of units
