The Shyft Group Secures Initial Pre-Order for Blue Arc™ All-Electric Delivery Walk-In Vans
Blue Arc EV Solutions, a brand of The Shyft Group (NASDAQ: SHYF), has announced a significant response from fleet customers, resulting in an initial pre-order of 2,000 units from Randy Marion Automotive Group. This marks the debut of their all-electric Class 3 delivery walk-in vans. With production set to begin in mid-2023 post-government approvals, pre-orders will be available online starting September. The Class 3 to 5 vehicles boast a 150-mile range and are designed for efficiency in last-mile delivery.
- Initial pre-order of 2,000 all-electric delivery vans secured from Randy Marion Automotive Group.
- Production expected to begin in mid-2023, indicating strong demand and growth potential.
- Vehicles designed with a 150-mile range, supporting efficient last-mile delivery.
- Strong customer interest reflects confidence in Shyft's EV technology.
- None.
Strong fleet customer response to Blue Arc design prompts Randy Marion Dealer Group
to place initial 2,000-unit pre-order
Advance order registration through Randy Marion to begin in September
Delivery expected to start mid-2023
NOVI, Mich., Sept. 13, 2022 (GLOBE NEWSWIRE) -- Blue Arc™ EV Solutions, a new go-to-market brand of The Shyft Group (NASDAQ: SHYF), made its debut in March with the industry-first commercial grade purpose-built EV chassis; a fully reimagined from the ground up all-electric Class 3 delivery walk-in van; and a fully portable, remote-controlled charging station, the Power Cube™. Today, Shyft announced the first pre-order for its all-electric Class 3, 4 and 5 walk-in delivery vans from Randy Marion Automotive Group, one of the largest dealer groups in the Carolinas.
“I am extremely proud of the work the Shyft team has done positioning Blue Arc EV Solutions to meet customer needs,” said Shyft CEO Daryl Adams. “From the beginning just 14 short months ago, we’ve been confident in our EV commercial vehicle design because we have served last-mile delivery customers for nearly 50 years. We’ve hit all of our critical development milestones and most recently we’ve validated that our range will meet our customers’ expectations and this shows not only do we know what they need, we are delivering it.”
With Shyft’s existing coast-to-coast manufacturing and service infrastructure, it is primed to deliver EV solutions at scale. Following receipt of government approvals by this winter, Shyft expects to finalize a multi-year purchase order with Randy Marion for the pre-ordered walk-in vans, begin production in the Midwest and start delivery to Randy Marion in mid-2023. Fleet customers will be able to pre-order online or at the dealerships starting in September.
“Our long history working with Shyft through its Utilimaster brand and the overwhelmingly positive response to the Blue Arc Class 3 all-electric delivery walk-in van give us great confidence in the entire Blue Arc line-up, the Class 3 and 4, as well as the Class 5 that is in development now,” said Brad Sigmon, VP of Sales at Randy Marion Automotive Group. “The commercial grade features from Shyft, engineered with first-hand knowledge of last mile delivery, are a true differentiator versus the other EV options.”
Leveraging a scalable design, the full Blue Arc EV portfolio is available in Class 3 – 5 walk-in van configurations with body length options from 12 to 22 feet. Designed for high-frequency, last-mile delivery fleets, these vehicles are powered by lithium-ion battery packs that can deliver 150-mile range at
Using insights from Shyft’s Work-Driven Design™ process, these electric vans feature a spacious cargo area and offer a choice of vocational packages specifically designed for functionality. The use of lightweight aluminum and composite body design provide higher durability against scratches and dents while supporting modular repair. The delivery van also features an integrated solar roof package for power of auxiliary systems like heating and air conditioning, which make it a viable option for extreme weather locations.
With a strong focus on the end user, Blue Arc integrates the latest in proven vehicle and driver safety technology such as 360°cameras, large in-dash HD camera displays, and proximity sensors as well as keyless and automated entry. Designed with the driver’s comfort and productivity in mind, the delivery van is easy to drive and offers ease of entry/exit for last-mile deliveries with multi-stop routes.
“It’s incredible, but not a surprise with our team, that one year ago we were just opening our new Innovation Center in Plymouth to work on our EV solutions, and now we are making that vision a reality for our customers with pre-orders for not only the Class 3 and 4, but also the Class 5 electric vehicle,” said Eric Fisher, senior vice president and general manager, Shyft Innovations. “I am very pleased to work with such an outstanding dealer group like Randy Marion. They know the market well and quickly saw our EV designs will deliver the speed, efficiency, and positive impact to our customers’ bottom line needed to make this a success for all.”
The Shyft Group
The Shyft Group is the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets. Our customers include first-to-last mile delivery companies across vocations, federal, state, and local government entities; the trades; and utility and infrastructure segments. The Shyft Group is organized into two core business units: Shyft Fleet Vehicles & Services™ and Shyft Specialty Vehicles™. Today, its family of brands include Blue Arc™ EV Solutions, Utilimaster®, Royal Truck Body™, DuraMag® and Magnum®, Strobes-R-Us™, Spartan RV Chassis™, Builtmore Contract Manufacturing™, and corresponding aftermarket provisions. The Shyft Group and its go-to-market brands are well known in their respective industries for quality, durability, and first-to-market innovation. The Company employs approximately 3,800 employees and contractors across campuses, and operates facilities in Michigan, Indiana, Maine, Pennsylvania, South Carolina, Florida, Missouri, California, Arizona, Texas, and Saltillo, Mexico. The Company reported sales of
CONTACTS
Media:
Carrie Wright
Chief Marketing & Communications Officer
Carrie.Wright@theshyftgroup.com
313.495.2904
Scott Worden
Senior Director
Lambert & Co.
sworden@lambert.com
248.825.9343
Investors:
Randy Wilson
Vice President, Investor Relations and Treasury
The Shyft Group
Randy.Wilson@theshyftgroup.com
248-727-3755
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2629322b-66d9-4e8a-bb8f-4a05743e8c1c
FAQ
What is the significance of the 2,000-unit pre-order for SHYF?
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What is the range of Blue Arc's all-electric delivery vans?
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