The US Postal Service will spend nearly $10 billion for new electric vehicles in a push to make its mail delivery fleet more environmentally friendly.
The agency will purchase 66,000 electric vehicles for its mail delivery fleet by 2028, according to a statement Tuesday. That represents about a quarter of USPS’s current level, and the postal service will continue exploring the potential to make its entire fleet electric.
The agency will buy 60,000 vehicles from defense contractor Oshkosh Corp., of which some 45,000 will be electric, according to the Washington Post, which earlier reported on the development. Shares of Oshkosh rose as much as 2.7% Tuesday, the most in five weeks.