1/12, 3:50 PM (Source: TeleTrader)
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GM to build electric vehicles for FedEx

General Motors launched on Tuesday the new virtual assistant company called BrightDrop in order to offer an "ecosystem of electric first-to-last-mile products for logistics companies."

According to the statement, the first of these products will deliver in the year 2021 in the form of 500 FedEx delivery vehicles.

GM CEO Mary Barra stated: "BrightDrop offers a smarter way to deliver goods and services. We are building on our significant expertise in electrification, mobility applications, telematics and fleet management, with a new one-stop-shop solution for commercial customers to move goods in a better, more sustainable way."

Breaking the News / TF