Blue Arc™ Expects to Deliver New Units Beginning Late
2024
NOVI,
Mich., May 2, 2024 /PRNewswire/ -- The Shyft
Group, Inc. (NASDAQ: SHYF), the North American leader in specialty
vehicle manufacturing, assembly, and upfit for the commercial,
retail, and specialty vehicle markets today announced a purchase
order with FedEx for an initial order of 150 Blue Arc™ EV Trucks to
be integrated into the FedEx pickup and delivery fleet in the U.S.
This order reflects the shared commitment of both organizations to
reduce carbon emissions and reduce air pollution through the
adoption of commercial-grade electric vehicles (EVs).
SHYFT GROUP SECURES FEDEX ORDER FOR BLUE
ARC™ EV TRUCKS
FedEx tested the vehicle in real-life conditions, using it on
last-mile delivery routes in Memphis. During the pilot, the Blue Arc truck
operated extended 8-10 hour routes under challenging conditions,
including temperatures ranging from 95 to 105 degrees Fahrenheit,
marking a significant milestone in the vehicle's readiness for
widespread commercial use.
"As we work towards the phased electrification of our entire
global pickup and delivery fleet by 2040, FedEx is eager to
incorporate new and efficient electric vehicle models that meet the
demands of our diverse network," said Pat
Donlon, Vice President of Global Vehicles, FedEx Express.
"We look forward to bringing the Blue Arc into our growing
portfolio of electric vehicles in service around the world."
"Our collaboration with FedEx has been instrumental in refining
our strategy for meeting commercial-grade EV fleet needs," said
John Dunn, President and CEO of the
Shyft Group. "Customer satisfaction is core to our operations and
we look forward to seeing these vehicles on the road for FedEx,
reflecting our mutual commitment to innovation and
sustainability."
The Blue Arc truck, designed for seamless fleet integration,
proved reliable on long routes, efficient in energy use, and able
to regenerate 20-30 kW of power through its regenerative braking
system. Such features underscore the vehicle's readiness for
real-world commercial applications, with drivers highlighting its
ease of maneuverability and overall comfort compared to
conventional gas vehicles.
"Our Work-Driven Design® process is fundamental to our
innovation, ensuring we incorporate direct feedback from those who
use our vehicles daily," Dunn added. "This approach not only
addresses safety and efficiency but also significantly enhances the
overall productivity and satisfaction of drivers and fleet
operators alike."
About The Shyft Group
The Shyft
Group is the North American leader in specialty vehicle
manufacturing, assembly, and upfit for the commercial,
retail, and service specialty vehicle markets. Our customers
include first-to-last mile delivery companies across vocations,
federal, state, and local government entities; the trades; and
utility and infrastructure segments. The Shyft Group
is organized into two core business units: Shyft Fleet
Vehicles and Services™ and Shyft Specialty Vehicles™.
Today, its family of brands include Blue Arc™ EV
Solutions, Utilimaster®, Royal® Truck
Body, DuraMag® and Magnum®, Strobes-R-Us™, Spartan® RV
Chassis, Red Diamond™ Aftermarket Solutions, and Builtmore
Contract Manufacturing™. The Shyft Group and its
go-to-market brands are well known in their respective industries
for quality, durability, and first-to-market innovation. The
Company employs approximately 3,000 employees and contractors
across campuses, and operates facilities in Arizona, California, Florida, Indiana, Maine, Michigan, Missouri, Pennsylvania, Tennessee, Texas, and Saltillo, Mexico. The Company reported sales of
$872 million in 2023. Learn more
at TheShyftGroup.com.
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SOURCE The Shyft Group, Inc.