New GM Electric-Truck Business Targets Delivery Market

General Motors Co. is launching a brand new electric-truck enterprise geared towards supply companies, the most recent within the firm’s efforts to commercialize new battery know-how it’s creating in-house.

The Detroit auto maker stated Tuesday it will start making electrical supply vehicles and pallets as a part of a brand new division, known as BrightDrop, that seeks to capitalize on the now-booming marketplace for e-commerce and residential supply.

GM’s BrightDrop plans to roll out a brand new electrical truck designed particularly for industrial functions later this yr, known as the EV600, that can supply a 250-mile vary on a single cost. The transfer pits GM in opposition to rival Ford Motor Co. , which not too long ago launched its personal electrical Transit supply van, in addition to electric-vehicle startups reminiscent of Rivian, which is making plug-in vans for Inc.

FedEx Corp. is anticipated to be GM’s first buyer for the EV600 with the package-delivery agency agreeing to buy 500 new electrical vehicles for supply later this yr, GM stated.

BrightDrop additionally plans to debut a brand new electrical pallet—a small four-wheeled dolly used to ferry packages round warehouses and from vehicles to entrance doorways—within the subsequent few months.

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