Spruce Power Holdings Corp (SPRU)

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future partner?


Just 10 percent of the new Postal Service fleet will be electric
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Though the gas trucks are supposed to be convertible

https://www.theverge.com/2021/2/25/22300281/usps-new-mail-truck-ev-electric-workhorse-biden-dejoy

Only 10 percent of the United States Postal Service’s new fleet of mail trucks will be battery-powered despite President Biden’s desire to convert the entire government fleet, USPS head Louis DeJoy revealed in Congressional testimony on Wednesday. The other 90 percent will be gas-powered, though the trucks — which are being built by defense contractor Oshkosh — are supposedly designed to be converted into electric vehicles down the road.

When DeJoy was asked why it wasn’t the other way around, he said he was willing to talk to the Biden administration but that the USPS doesn’t “have the 3 or 4 extra billion [dollars] in our plan right now that it would take to do it.” The USPS mail vehicles make up about a third of the entire government fleet. The White House did not immediately respond to a request for comment.

The USPS announced the new-generation mail truck on Tuesday following a yearslong bidding process. It’s paying Oshkosh nearly $500 million to get the vehicles into production by 2023, and the defense contractor is promising to build anywhere between 50,000 and 165,000 of them over the next ten years. They will replace the current mail trucks that have been in service for more than two decades, which were built by defense contractor Grumman.