USPS to Add 66,000 EVs to Fleet During the Next Six Years

In a press release, the United States Postal Service (USPS) stated that it anticipates purchasing around 66,000 BEVs for deliveries, this being among the 106,000 vehicles it plans to purchase from now through 2028. The new vehicles that will be bought as part of this expected plan will start to replace the more than 220,000 fleet vehicles for deliveries that are already aging.

By 2028, the USPS plans to have a minimum of 60,000 Next Generation Delivery Vehicles (NGDV), of which 45,000 will be battery powered. The plan also calls for an additional 21,000 commercial off-the-shelf (COTS) vehicles, and all purchases delivered in 2026 through 2028 are expected to be fully electric based on the market accessibility and viability of the operation.

The USPS continues to assess and buy vehicles within short time frames in order to be more responsive to changes in operating strategies, technological advancements, shifting market conditions and exploring the possibility of attaining 100% electrification for the entire delivery vehicle fleet.

Environmental initiatives have forced the USPS to electrify its fleet in response to a public push to do so. As a result, the agency has prioritized this electrification process in providing its transport as well as the society with more safe, effective vehicles that can replace the current fleet.

Even though the majority of the funds for EVs will still be funded by the postal service administration from its collected revenues, the USPS announced on Tuesday that it anticipates investing $9.6 billion, of which $3 billion are to come from Congress through the Inflation Reduction Act. While making a statement, Postmaster General Louis DeJoy stated that the funding will assist the post office in developing what may end up being one of the biggest fleets of electric vehicles across the country.

DeJoy added that in line with its mission, the USPS has a legal obligation to make mail and package deliveries to 163 million addresses six days a week and to recoup its costs in doing so, and that the agency wants to accomplish the said goals in an environmentally conscious manner.

The main goal of the USPS revitalization effort is to reduce ineffective transport services and enhance service deliveries, which will eventually lead to a significant decrease in air freight and trips covered by trucks. The post office is going to be on the leading edge of the country’s environmental projects, thanks to its steadfast commitment to converting delivery vehicles to electric vehicles.

As large fleets such as that of the USPS electrify, demand will be created for the vehicles made by EV startups such as NIO Inc. (NYSE: NIO).

About Green Car Stocks

Green Car Stocks (GCS) is a specialized communications platform with a focus on electric vehicles (EV), as well as other emerging market opportunities in the green sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled visibility, recognition and brand awareness. GCS is where news, content and information converge.

To receive SMS text alerts from Green Car Stocks, text “Green” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.greencarstocks.com

Please see full terms of use and disclaimers on the Green Car Stocks website applicable to all content provided by GCS, wherever published or re-published: https://www.greencarstocks.com/Disclaimer

Green Car Stocks
Los Angeles, CA
www.greencarstocks.com
415.949.5050 Office
[email protected]

Green Car Stocks is part of the InvestorBrandNetwork.

Archives

Select A Month

Contact us: (512) 354-7000