Electric van maker BrightDrop said that FedEx Express and Walmart have placed orders for a total of 7,000 vehicles, with the FedEx order potentially expanding to include an additional 20,000 units pending the successful conclusion of ongoing negotiations.
The announcement was made Wednesday by General Motors CEO Mary Barra during her CES keynote address. BrightDrop is a GM (NYSE: GM) subsidiary. In a Tuesday press briefing prior to the announcement, FedEx’s Richard Smith, regional president of...