UPS (NYSE: UPS) will take delivery of 10 Beta Technologies electric aircraft for use in small and midsize markets, with an option to purchase up to 150 of the planes in all.
The package giant, which already has more than 12,000 alternative fuel and advanced technology vehicles in its global fleet, with an order for 10,000 electric delivery vans from Arrival (NASDAQ: ARVL), will receive the first batch of electric vertical takeoff and landing (eVTOL) aircraft in 2024. The planes are being...