President-elect Donald Trump‘s transition crew is reportedly contemplating canceling the U.S. Postal Service’s (USPS) contracts aimed toward electrifying its supply fleet.
What Happened: The transfer could possibly be unveiled within the beginning days of Trump’s new administration, Reuters reported, citing a number of sources acquainted with the matter.
The transition crew is reviewing the way it can undo the postal service’s a number of, costly contracts together with with Ford Motor Co F and Oshkosh OSK for battery electrical supply vans, the report mentioned. Breaking the contracts can be legally difficult, Reuters famous, given the federal company has its governing board.
Benzinga has reached out to USPS, Ford, and Oshkosh for remark however is but to obtain a response.
Why It Matters: The U.S. Congress gave the USPS $3 billion in 2023 to purchase EVs and charging infrastructure. The federal company is planning to purchase round 66,000 electrical automobiles by 2028.
Trump, throughout his election marketing campaign, had mentioned that he would roll again the Biden administration’s push in direction of electrification.
Reuters beforehand reported that his transition crew can also be planning to kill $7500 in client tax credit score on the acquisition of electrical automobiles.
Check out extra of Benzinga’s Future Of Mobility protection by following this hyperlink.
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Photo courtesy: USPS
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