DHL buying Ford E-Transit cargo vans showcases the automaker's electric vehicle strategy

Investing Club: DHL buying Ford E-Transit cargo vans showcases the automaker's electric vehicle strategy

Delivery giant DHL and Club holding Ford Motor struck an electric van and software deal that bolsters the automaker's multipronged EV strategy, an approach that's central to why we own the stock. The news DHL will acquire 2,000 Ford E-Transit cargo vans by the end of 2023, the companies announced Monday. The agreement also includes access to Ford Pro's fleet management software and charging programs. Ford Pro is the company's commercial vehicle division.

The badge of a Ford Motor Co. E-Transit electric vehicle during a presentation in Washington, D.C., U.S., on Wednesday, July 28, 2021.

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