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Bullboard - Stock Discussion Forum Exro Technologies Inc T.EXRO

Alternate Symbol(s):  EXROF | T.EXRO.WT | T.EXRO.WT.A

Exro Technologies Inc. is a clean technology company. The Company is engaged in developing power control electronics that expand the capabilities of electric motors and batteries. Its technologies include e-mobility (Coil Driver) and stationary energy storage (Cell Driver). The Coil Drive technology is an adaptive traction inverter that replaces the standard 3-phase inverter in electric... see more

TSX:EXRO - Post Discussion

Exro Technologies Inc > US Postal Service Commits to Buy 66,000 EVs — finally
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Post by JohnnyUtah44 on Dec 22, 2022 8:42am

US Postal Service Commits to Buy 66,000 EVs — finally

..............Dec 21, 2022 from Canary.....After experiencing heavy pushback for not going electric more swiftly, the agency then made a series of seemingly reluctant announcements over the past year unveiling plans to procure increasingly larger proportions of electric vehicles and smaller proportions of gas-powered ones. 

The USPS also announced a new goal of acquiring only electric delivery vehicles after 2026, with plans to develop tens of thousands of charging stations over the next five years.

With this week’s news, the Postal Service is now committed to significantly decarbonizing its aging fleet of over 230,000 vehicles. It plans on buying 60,000 next-generation delivery vehicles” from Oshkosh, a defense contractor, of which 45,000 will be electric. The agency will also purchase 46,000 vehicles from commercial automakers, of which 21,000 will be electric, according to The Washington Post. That’s a procurement total of 66,000 electric delivery vehicles, which will make USPS, which already has the largest vehicle fleet in the nation, into the operator of the largest electric vehicle fleet in the nation. 
Comment by Pandora on Dec 22, 2022 10:33am
A seemingly "reluctant" decision? Being forced into it?? So the largest fleet in the nation will live by the sword or die by the sword. How many years will it take to determine how smart this reluctant decision is?
Comment by Wriggles on Dec 22, 2022 1:02pm
Oshkosh is also the OEM for the JLTV.  It was awarded a half-billion dollar contract last week for additional vehicles.  The $7B JLTV recompete contract has now been slipped to early next year.  Oshkosh is the frontrunner, and built a hybrid prototype of the JLTV last January, likely to be incorporated in its bid.  Maybe a  stretch...but I still consider the Allison ...more  
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