Inside UPS’s Electric Vehicle Strategy
Harvard Business
MARCH 29, 2018
Broadly, the cost of electric batteries has plummeted 80% in just six years , due to innovation and enormous investments in production capacity, largely in China. Last year Tesla announced it would produce an electric long-haul big rig. PepsiCo , Walmart , and UPS promptly committed to buying a few hundred. FedEx got there early in the U.S.,
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