Model 1 Moves The Commercial Vehicles Market Forward With Ford E-Transit; Lands Unprecedented Contract With The California Vanpool Authority
Portfolio Pulse from Happy Mohamed
Model 1 Commercial Vehicles has signed a contract with the California Vanpool Authority (CalVans) to supply 403 new Ford E-Transit vans. This move is part of CalVans' efforts to replace its traditional-fuel units with electric vehicles (EVs). Model 1, the nation's largest bus and transportation services dealer, was able to meet CalVans' timing and deliver an entire fleet of Ford E-Transit vans, despite many vehicle dealers still recovering from pandemic-related supply chain issues.

August 29, 2023 | 4:07 pm
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Ford's E-Transit vans have been chosen by CalVans for their fleet upgrade, indicating a strong demand for Ford's electric commercial vehicles. This could potentially boost Ford's revenues in the short term.
The news directly mentions Ford's E-Transit vans being chosen by CalVans for their fleet upgrade. This indicates a strong demand for Ford's electric commercial vehicles, which could potentially boost Ford's revenues in the short term. The fact that Model 1, the nation's largest bus and transportation services dealer, was able to deliver an entire fleet of Ford E-Transit vans despite supply chain issues further underscores the strength of Ford's position in the EV market.
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