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Stock impact report

UPS/GreenBiz Study Identifies Motivators And Barriers To Electric Fleets

United Parcel Service, Inc. (UPS) 
Last united parcel service, inc. earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.ups.com
Company Research Source: GlobeNewswire
ATLANTA, Oct. 11, 2018 (GLOBE NEWSWIRE) -- Fleet owners are drawn to sustainability benefits and lower ownership costs Infrastructure and vehicle availability remain challenges Attaining environmental benefits and lower cost of ownership are driving more commercial fleets to electrify, according to a UPS (NYSE: UPS) and GreenBiz study released today. In the “Curve Ahead: The Future of Fleet Electrification” report, industry leaders identify the main motivations and barriers to electrification, as well as strategies to move the commercial electric vehicle market from niche to mainstream. The top motivation to go electric for 83 percent of large businesses surveyed is sustainability and environmental goals. A lower total cost of ownership – factoring in both direct and indirect costs and savings over the life of the vehicle – is the second biggest driver, cited by 64 percent of respondents. In addition to the fuel savings, electric vehicles (EVs) typically require less maintenanc Show less Read more
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