#Workhorse stock usps contract full

'We are trying mightily to get a look at it. Huffman said lawmakers also have not been able to obtain a copy of the contract. She pointed out that the move to a zero-emissions fleet is complicated by 'the Postal Service’s billions in annual operating losses, which is why we welcome and are interested in any support from Congress.'įrum, the USPS public relations representative, said in an emailed statement that the contract is not publicly available and the Postal Service would not comment on contract details. 'When the US Postal Service selected the supplier for production of its next generation of postal vehicles, we imagined an electric vehicle future, committing $482 million at contract award to prepare for it,' Frum wrote. sets the stage for widespread use of electric vehicles. Kimberly Frum, senior public relations representative for the Postal Service, sent an emailed statement Wednesday that said the contract with Oshkosh Corp. USPS says electric vehicles are a matter of fundingĭeJoy told lawmakers the postal service's ability to include electric vehicles depends on funding. 'They are years from even the most basic capacity to produce EVs,' Huffman said. Huffman said he is 'agnostic' as to who receives the contract but wants to use this 'once-in-a-generation opportunity' to electrify the USPS fleet, and he questioned Oshkosh Corp.'s ability to make electric vehicles. said in the filing it continues to work on electric and low-emissions vehicles and mobile equipment, and this will require additional funds for research and development as well as implementation costs. However, the company also cautioned investors in that filing that it 'may not have the expertise or resources to successfully address these pressures on a cost-effective basis or at all.' aknowledged the importance of green vehicle technology, stating it must continue to develop products that generate zero or reduced greenhouse gas emissions in order to stay competitive. 27 filing with the Securities and Exchange Commission, Oshkosh Corp. Oshkosh has continued to develop and introduce electric solutions in all of its business segments,' the company stated. 'Oshkosh is a global innovator and has been pioneering electric products since the mid-1990s when the Company launched its first electric boom lift. Oshkosh Corp.'s expertise in building electric vehicles has been questioned by critics of the USPS deal, but the company in a statement emailed Friday said it is fully capable of delivering USPS' next-generation electric vehicles. RELATED: Oshkosh Corp challenged by workforce availability due to Wisconsin's COVID-19 spike What's Oshkosh Corp.'s track record? Our contract with the USPS includes zero-emission battery electric vehicles, up to 100% of the contracted units. Oshkosh is prepared to support the Postmaster General’s commitment 'to a majority of the Postal Service’s delivery fleet being electric within ten years,' as stated in the USPS letter to Congress of March 11, 2021.' wrote in a statement emailed Friday, 'The USPS contract with Oshkosh Defense is aligned with and supportive of President Biden’s long-term plan. We have a year to decide what that actual volume is, but we have that 10% was about $500 million, which we don't have, to kick off the sturdy engineering and the plant building for an electric fleet.'Ī representative from Oshkosh Corp. The ten percent was the getting us into position to engage in electrification of our fleet. 'And the decision that we're also facing: we have a 30-year-old fleet and they're catching on fire.

#Workhorse stock usps contract full

'We are very, very excited about having a full fleet, or to the greatest extent we can, electric fleet,' DeJoy said on Thursday. 27 executive order on climate change, which explicitly calls for 'clean and zero-emission vehicles for Federal, State, local, and Tribal government fleets, including vehicles of the United States Postal Service.' Lawmakers who are critical of the deal are saying 10% is not enough. 24 that only 10% of the new trucks may be electric vehicles, citing a lack of funding for a higher percentage. On the day of the contract announcement, Oshkosh Corp. President and Chief Operating Officer John Pfeifer told USA TODAY NETWORK-Wisconsin that any decisions regarding the ratio of electric vehicles is up to the Postal Service.ĭeJoy told the U.S. RELATED: Oshkosh Corporation wins contract to build up to 165,000 'next generation' USPS mail trucks Some lawmakers call for more electric vehicles in the new USPS fleetĬongressional critics of the deal want to require a higher percentage of electric vehicles versus internal-combustion-engine vehicles in the new USPS fleet.

Marcy Kaptur, D-Ohio, to delay the contract until an investigation could be conducted on whether the contract aligns with President Joe Biden's executive order on climate change and no inappropriate political influence came into play in awarding the contract. Lawmakers introduced a resolution this week, sponsored by Rep.