UPS invests in Arrival and orders Generation 2 Electric Vehicles
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UPS have announced an order of 10,000 purpose built electric vehicles from UK based Arrival. The initial 10,000 vehicles will be rolled out in the UK, Europe and North America from 2020 to 2024 worth hundreds of millions of euros each year. UPS have the option to purchase a further order of 10,000 vehicles during this period. UPS venture capital arm also announced an investment in Arrival of an undisclosed amount.
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