The Shyft Group Signs Agreement With Rush Enterprises Commercial Vehicle Dealer Group for Sales and Service of Blue Arc Electric Vehicles

Rush Enterprises operates the largest network of commercial vehicle dealerships in North America

Initial focus to sell and service Blue Arc Class 3, 4, and 5 all-electric last mile delivery vehicles
through select Rush Truck Centers

NOVI, Mich. and SAN ANTONIO, Oct. 02, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQ: SHYF), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, today announced it has finalized an agreement with Rush Enterprises, which operates the largest network of commercial vehicle dealerships in North America, to sell and service the Company’s Blue Arc Class 3, 4 and 5 all-electric delivery vehicles.

“When our customers couldn’t find what they needed and asked us to enter the EV space for last mile delivery vehicles, we committed to deliver with commercial-grade quality, innovation, and a strong focus on driver needs,” said Daryl Adams, President and CEO, The Shyft Group. “Doing so has enabled us to have outstanding partners and we could not be more pleased to have Rush Enterprises’ support getting Blue Arc vehicles on the road across the country.”

The reimagined design and benchmark performance of Blue Arc all-electric delivery vehicles demonstrates the value that deep last mile experience brings to the market during this critical industry transition to clean technology. Blue Arc provides industry benchmark performance levels for range in commercial EVs with CARB certification at 225 miles for Class 3 EVs under CARB test conditions, which gives customers the knowledge they can comfortably perform and, in many cases, exceed a daily last-mile delivery route and cargo capacity requirements.

“The Shyft Group’s 50 years of experience in the last mile delivery market makes them uniquely qualified to create an impressive EV solution from the ground up. We are confident that many fleet customers will find Blue Arc’s range and payload capabilities as a valuable solution to their last mile delivery needs,” said W.M. “Rusty” Rush, Chairman, CEO and President, Rush Enterprises Inc. “At Rush Truck Centers, we have a dedicated team of experts in alternative fuels, governmental policy and grant funding to help our customers select the best powertrain technology for their application and duty cycles, while complying with regulatory requirements and any environmental goals. We are happy to offer The Shyft Group’s Blue Arc EVs to our Class 3-5 customers across the country,” Rush added.