DHL scraps Ford electric delivery van

Deutsche Post-DHL will stop producing its electric delivery vehicle called StreetScooter, bringing to an end a much-hyped venture that was once seen as a possible disrupter to conventional van makers such as Volkswagen and Daimler.

The company had suffered “years of losses” from developing and producing the vehicle, chief financial officer Melanie Kreis said. Last year alone, the unit racked up a loss of about €100m.