Disclaimer. After nearly 40 years managing money for some of the largest life offices and investment managers in the world, I think I have something to offer. These days I'm retired, and I can't by law give you advice. While I do make mistakes, I try hard to do my analysis thoroughly, and to make sure my data are correct (old habits die hard!) Also, don't ask me why I called it "Volewica". It's too late, now.

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Friday, May 11, 2018

Cute? That's all they care about?

From Business Insider:

It’s great to hear that US delivery service UPS is on-board with the EV revolution.

It’s ordered 35 new delivery trucks from UK technology firm ARRIVAL. They’ll be trialled in the UK and France first, and operate with a total of zero exhaust emissions.

They’ll have a battery range of 250km and a host of extra tech including Advanced Driver Assistance Systems (ADAS) to manage safety and driver fatigue.

All of which is very laudable. And it isn’t even UPS’s first foray into EVs. It’s ordered 125 of those Tesla semitrailers which it hopes will be built next year, and overall to date has invested nearly a billion dollars in some 1000 EVs and hybrid vehicles.

So what’s new here?


UPS' new electric trucks
Source: Business Insider

They save money, they produce zero emissions, the driver has excellent vision in all directions, and they're cute.  What more could you ask for?

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