United Grows Its Electric Battery Portfolio With Investment In Electric Power Systems
Portfolio Pulse from Benzinga Newsdesk
United Airlines is expanding its electric battery portfolio with an investment in Electric Power Systems (EPS). The technology from EPS could be used in United's future decarbonizing investments. United is considering the use of EPS modules in its current ground operations and is also considering an all-electric flight academy in the future.
July 21, 2023 | 12:04 pm
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POSITIVE IMPACT
United Airlines' investment in Electric Power Systems could potentially enhance its decarbonizing efforts and improve its ground operations. This could lead to cost savings and a more sustainable business model in the long run.
United Airlines' investment in EPS shows its commitment to sustainability and decarbonization. The use of EPS technology in its ground operations could lead to cost savings and efficiency improvements. Additionally, the potential development of an all-electric flight academy could position United as a leader in sustainable aviation, potentially attracting more customers and investors.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100