UPS has no interest in putting all its advanced-technology eggs in a single basket, “CNET” reports.
UPS announced today that it has entered a Partnership with the LA-based startup Thor Trucks to develop and deploy a medium-duty electric delivery vehicle. The truck is expected to be on the ground later this year, but UPS didn't get more specific than that. Specs are limited, but they sound promising. Thor's electric truck should carry a range of about 100 miles. Thor will both develop and build the batteries. Given the range estimate, it stands to reason that the trucks will focus on last-mile delivery, likely in urban environments.