Electric transporter: Deutsche Post checks the IPO of the street scooter division

Electric vans of the German Post

The logistics giant is considering an IPO for the electromobility division.

(Photo: AP)

The German postal service checks a report by the news agency Bloomberg According to strategic options for her Electric delivery truck Streetscooter. Considered also an external investor, who is to help with the expansion of the area, and a possible sale of a share in the stock market at a later date, Bloomberg reported, citing persons familiar with the matter.

Initial considerations assess the project with more than a billion euros, after achieving sales of 200 million euros in 2016, say the persons who asked for anonymity, because the talks are confidential. A spokeswoman for German Post in Bonn did not want to comment on “speculation”.

Deutsche Post, which also includes the delivery service DHL, has developed Streetscooter together with renowned research and industry partners, The vehicle is intended primarily for Deutsche Post, but is also sold to third parties.

Street scooter and co .: Post creates board department for e-mobility

As an indication of the larger plans that was Streetscooter project this week in the new division Corporate Incubations brought in. This will be led by Jürgen Gerdes, the long-serving board member for mail, e-commerce and parcels.

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Among the current suppliers of street scooters include Bosch, the world’s largest automotive supplier manufactures the electric drive, and fordwhich supplies the chassis of their popular transit van for the largest version of the model.

It has a range of up to 200 kilometers with fully charged battery and can carry more than 200 packages. Production capacity is doubled to around 20,000 vehicles per year, and vans sold to external customers start at 40,400 euros.

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