Company behind USPS's all-electric 'Duck' mail trucks says it is prepared to shift to gas
'We'll do what they want us to do.'
wlos.com
Company behind USPS's all-electric 'Duck' trucks says it is prepared to shift to gas
by WKRC
Mon, January 13th 2025 at 6:28 AM
The U.S. Postal Service's next-generation delivery vehicle is displayed at the Kokomo Sorting and Delivery Center in Kokomo, Ind., Thursday, Aug. 29, 2024. (AP Photo/Michael Conroy)
- TOPICS:
USPSOshkosh CorpElectric trucksGas-powered vehiclesDonald TrumpInflation Reduction ActPostmaster GeneralEV contracts
UNDATED (WKRC) - The company behind the United States Postal Service's all-electric "Duck" mail trucks said it is prepared to shift to gas-powered vehicles.
According to Bloomberg, Oshkosh Corp. has confirmed that it will provide USPS with gas-powered trucks if the agency decides to cut back on orders of its electric vehicles under Donald Trump, who will take office on January 20. The outlet reported that President-elect Trump has been a critic of the funding that Oshkosh Corp. has benefited from.
The company's chief executive officer, John Pfeifer, confirmed during an interview at CES in Las Vegas that the company is prepared to provide the agency with gas-powered vehicles if necessary, per Bloomberg.
“We’ll do what they want us to do — supplying either gas or electric,” Pfeifer said, according to the outlet. “A new Congress could come in and repeal, I guess, part of the IRA that hasn’t been spent.”
According to Bloomberg, the Inflation Reduction Act, which was signed by President Joe Biden in 2022, provided $3 billion for the U.S. Postal Service's ten-year transition to an electric fleet. The agency said it plans to add more than 100,000 mail trucks through 2028, with 62% of those vehicles being electric-powered.
When speaking to Bloomberg last month, however, Postmaster General Louis DeJoy said he hadn't heard from the incoming administration about its plans regarding electric vehicles. Sources speaking to Reuters said Trump's team is currently looking into whether it can get out of USPS contracts with both the Ford Motor Company and Oshkosh, per the outlet.
Pfeifer did not mention whether or not he had been contacted by USPS or the incoming administration regarding a possible shift away from EVs, Bloomberg reported.
Citing Citi analyst Kyle Menges, the outlet reported that if the EV component of Oshkosh's contract with USPS were to be reduced to zero, it would possibly mean a 50 cent to 60 cent per share hit to the company's 2026 and 2027 earnings per share.