U.S. Postal Service plans to up electric delivery vehicle purchases

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(Reuters) – The U.S. Postal Service (USPS) said Wednesday it plans to buy at least 25,000 electric delivery vehicles – more than twice its prior estimate – as it works to replace its aging fleet.

USPS told Reuters it is proposing to purchase at least 25,000 EVs out of its initial order of 50,000 next-generation delivery vehicles from Oshkosh (NYSE:OSK) Defense. That’s up from USPS’ prior plan to buy at least 10,019 EVs, or about 20% of the first order. USPS is also proposing to buy over 34,500 commercial off-the-shelf delivery vehicles over two years.