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GM re-absorbs electric delivery company BrightDrop.
BrightDrop, which makes electric delivery vans, fleet management software, and a bunch of other commercial products, spun out of General Motors in early 2021. But now it’s getting spun back in (?) the main company, with GM citing “efficiencies” as the main reason. GM says production of the Zevo electric van will resume in spring 2024.
The news comes as GM and much of the rest of the auto industry has pulled back on some of its more ambitious EV plans in an effort to rein in costs and address softening customer demand.
Electric Delivery Startup BrightDrop Becomes Part of General Motors
[pressroom.gm.com]
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