Oshkosh can make 100% battery-electric delivery trucks for the U.S. Postal Service, likely dashing Workhorse’s hopes of reigniting the competition.
Oshkosh Truck Corp. (NYSE: OSK) can make 100% battery-electric delivery trucks for the U.S. Postal Service, undercutting an assertion by Workhorse Group (NASDAQ: WKHS) that its being passed over for the contract dooms the mail service to remaining a source of planet-warming greenhouse gas emissions.
Not so, Oshkosh President and CEO John Pfeifer told analysts on the company’s fiscal second-quarter earnings call Wednesday.
“We can do 100% electric vehicles from Day One,” Pfeiffer said. “If the U.S. Postal Service came to us tomorrow and said, ‘We’ve got the funding to do 100% electric from 2023,’ we can do it.”
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