UPS announced it has begun testing the 'eQuad' delivery service in New York City. The eQuad service leverages a fleet of compact electric four-wheel micro-mobility vehicles that are suited for last-mile delivery. The eQuad bikes have a windshield, an impressive storage compartment on the back side, and look more like a small delivery truck than an e-bike.
According to UPS, the eQuad e-bikes are legally allowed to enter the bike lane in the United States as they meet size and speed guidelines. The eQuad service will alleviate environmental strain caused by delivery trucks as well as reduce traffic congestion in areas that have received the service. The eQuad pilot in New York City boasts a fleet of over 400 e-bikes that are expected to deliver over 35 million packages in one year alone.
Electric Four-Wheel Delivery Vehicles
UPS is Testing its 'eQuad' Last-Mile Delivery Solution
Trend Themes
1. Micro-mobility Delivery - There is an opportunity for companies to create and test more compact and efficient electric four-wheel micro-mobility vehicles for last-mile delivery services.
2. E-bike Delivery Services - E-Bike delivery services like the eQuad are a growing trend that can help reduce traffic congestion and environmental impact in urban areas.
3. Alternative Last-mile Solutions - There is potential for disruptive innovation in developing alternative last-mile delivery solutions that are more environmentally-friendly and cost-effective over traditional delivery trucks.
Industry Implications
1. Logistics and Delivery - The logistics and delivery industry can benefit from developing alternative last-mile delivery solutions such as compact electric four-wheel micro-mobility vehicles.
2. Micro-mobility - Micro-mobility companies can expand their offerings to include last-mile deliveries through electric four-wheel micro-mobility vehicles like the eQuad.
3. Automotive - Automotive companies can explore producing compact electric four-wheel micro-mobility vehicles specifically designed for last-mile deliveries as a potential new market.