The Shyft Group Expands Electric Vehicle Production for Parcel Delivery
NOVI, Mich., Aug. 18, 2020 /PRNewswire/ --The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft" or the"Company"), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, today announced its go-to-market Utilimaster brand is producing its first production order of electric vehicles (EV) for two leading parcel delivery companies on its new flexible body assembly line.
- NOVI, Mich., Aug. 18, 2020 /PRNewswire/ --The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft" or the"Company"), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, today announced its go-to-market Utilimaster brand is producing its first production order of electric vehicles (EV) for two leading parcel delivery companies on its new flexible body assembly line.
- The vehicles are built upon Shyft's traditional walk-in van chassis platform, which has been converted to use an all-electric powertrain.
- Production of the electric delivery vehicles is expected to begin in 2021 with a dedicated EV chassis assembly line that can produce up to 5,000 units per year on a single shift.
- "Under our Utilimaster brand, Shyft has more than 800 purpose-built alternative fuel fleet vehicles on the road, including those powered by an electric drive system," said Adams.