When Deutsche Post AG couldnt find a zero-emission delivery van that met its needs, it bought a startup and developed one. Now Europes largest postal service may start selling those vehicles dubbed StreetScooters to others, showing the potential for disruption in the rapidly changing auto market.
For now, Deutsche Post is in an enviable position, saying it breaks even on the venture after just 2,500 units. That stands in contrast to carmakers from Tesla Inc. to General Motors Co., which lose money on electric cars despite government incentives.
The mail company plans to churn out 10,000 e-vans annually starting this year, which would make the StreetScooter the No. 1 electrified light commercial vehicle in Europe, overtaking Renaults Kangoo, according to Ian Fletcher, an analyst at research company IHS Markit. The company can boost output to 15,000.
Talks with potential customers from numerous industries in Germany and abroad are underway, with one client looking to buy a very, very large number of StreetScooters, said management board member Juergen Gerdes. Deutsche Post will provide more details by early May, but early indications are the company has plans beyond mail delivery.
The mail company plans to electrify its global fleet of 92,000 vans and has already started switching away from diesel. It will roughly double its German StreetScooter fleet to about 4,000 by year end, Gerdes said. As battery capabilities improve, the postal company wants to deploy the van in rural areas as well. It can travel some 50 miles on a charge, about half that of a Renault Kangoo van.
When purchasing and operating costs are taken into account, Deutsche Post has come out ahead on the StreetScooters, said Chief Executive Officer Frank Appel. Overall, maintenance costs for e-vehicles are about 35 percent less than for cars with internal-combustion engines, the German IFA automotive industry institute estimated.
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