United Parcel Service Inc. (NYSE: UPS) has traded in four wheels for three in on European metropolis as it tests a new electrically supported cargo bike.
In Basel, Switerzerland, the Atlanta-based package shipping giant is experimenting with a battery-supported tricycle that can carry loads weighing up to 331 pounds. UPS wants investigate the economic and ecological viability of the alternative mode of transportation for city-center delivery over a period of four weeks.
“By using cargo bikes…
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