GM said the mid-sized EV410, intended to include grocery, telecommunications and other service providers, will be built in the second half of 2023 at the company’s CAMI assembly plant in Canada.
see photosGM claims the EV600 will save fleet managers $7,000 annually compared to a similar diesel vehicle
General Motors Co. said Tuesday that its Brightdrop electric commercial vehicle business will add a second delivery van to its lineup in 2023 and has agreed to supply that vehicle to Verizon Communications Inc. GM said the mid-sized EV410, aimed at a segment that includes grocery, telecommunications and other service providers that requires smaller vehicles, will begin manufacturing in the second half of 2023 at the company’s CAMI assembly plant in Canada. Will go The Ingersoll, Ontario, plant will begin manufacturing the larger EV600 van in November 2022.
“We’re seeing incredible demand for these things,” Brightdrop chief executive Travis Katz said in an interview. “There is a supply crunch in the market right now, clearly.” Katz, who joins GM from venture capital firm Redpoint Ventures, said EVs now make more sense financially for commercial customers who are focused on the total cost of vehicle ownership. GM claims the EV600 will save fleet managers $7,000 annually compared to a similar diesel-powered vehicle.
The commercial EV business is lucrative because governments in China and Europe are pushing companies to reduce CO2 emissions, and companies such as FedEx Corp, Amazon.com Inc and United Parcel Service Inc have moved their large distribution fleets to EVs. has promised.
GM increased its planned spending on electric and autonomous vehicles by nearly 30% to $35 billion and accelerated plans for two US battery cell plants
Beyond that, EV leader Tesla Inc. hasn’t cracked the market, and it races to introduce its EV delivery vans to companies such as GM, Ford Motor Co., Stellantis NV, Daimler AG and startups Rivian, Arrival and Electric Last Mile Solutions. has become.
In June, GM increased its planned spending on electric and autonomous vehicles by about 30% to $35 billion and accelerated plans for two US battery cell plants.
GM forecasts that the US market for parcel and food delivery vehicles will exceed $850 billion by 2025, and Katz pointed out that Verizon is one of the largest US fleet operators. GM did not disclose the size of the Verizon order.
The Detroit company is using supplier Kuka AG to build the initial EV600 van. Katz said GM was able to develop that vehicle in 20 months, its fastest timeline.
GM forecasts that the US market for parcel and food delivery vehicles will exceed $850 billion by 2025
To make way for the EV600, GM plans to end production of the Chevrolet Equinox SUV at CAMI next April.
In January, GM CEO Mary Barra announced the company’s foray into the growing electric delivery vehicle. GM said the first 500 units of the EV600 will be shipped to FedEx by the end of the year, with deliveries to other customers beginning in early 2022.
Barra has previously said that GM will introduce two new commercial vehicles beyond the EV600, including a medium-duty truck and a full-size van. Katz declined to say which model comes after the EV410.
Both new EV vans will use a version of GM’s Altium battery system and offer a driving range of 250 miles (400 km) between charges. GM has not disclosed the price of either of the vans.
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