Desperate to find the next Tesla Inc, investors have poured billions of dollars into electric vehicle startups, with mixed results. Chanje has a 1,000 van order from FedEx in California, while Rivian has an order to build 100,000 vans for Amazon. But the company wants 14,000 electric vans in its European fleet by 2030 and is eager to get going. "By then, every big player will have an electric van on the market." The Arrival van is the culmination of many years work by UPS to incorporate electric vehicles into its fleet.

Source: Hindustan Times June 03, 2021 10:30 UTC