Food trucks in the U.S. have taken many forms, but have long been a popular option for dining. Now as the coronavirus pandemic alters the way we interact and engage with others, these kitchens on wheels may have a new function, especially on college campuses.
Rod Keller, CEO of the electric vehicle manufacturer AYRO is jumping at the opportunity to capitalize on the niche industry in a partnership with Gallery Carts. The new collaboration will combine AYRO's expertise in developing electric vehicles with Gallery's expertise in creating food delivery vehicles.
"Colleges are faced with, 'Well how do we provide food and beverage while at the same time, avoiding the mass crowds that you would typically see inside of a cafeteria?'" Keller told Cheddar.
So far, more than $500,000 has been poured into the collaboration as orders for the vehicles continue to amass. Keller said he's confident that as universities and other large campuses seek safer ways to feed their communities amid the pandemic, the need for their services will grow.
AYRO is also banking on buyers in higher education considering the long-term savings electric vehicles can provide. Keller said its electric vehicles save fleet operators at least 50 percent on fuel and energy costs.
"When people are moving cargo from one side of a university to another, or business campus, or hotel and resort, you don't need a full-sized truck with 400 miles of range running on gasoline to do that," Keller said.
Despite the protests and concerns over safety during COVID-19, advertisers haven't stopped backing the Games.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Crocs, the Colorado-based shoe brand, is suing Walmart, Hobby Lobby, and 19 other companies for copyright infringement, alleging the retailers copied its iconic clog.
High-end smoke shop Higher Standards decided to celebrate New York marijuana legalization by commissioning a mural on the store’s facade at Manhattan's Chelsea Market.
Amazon founder Jeff Bezos, along with three civilians, launched into space aboard a rocket and capsule developed by his private spaceflight company, Blue Origin. The highly-anticipated, historic flight lasted for about 11 minutes. This comes after Sir Richard Branson flight with Virgin Galatic nine days ago. Senior national correspondent from POLITICO Bryan Bender joined Cheddar News to discuss what the launch means for the future of space tourism.
Wall Street notched more record highs on Friday, ending the week on a strong note after opening it with a stumble.
The number of Americans seeking unemployment benefits rose last week from the lowest point of the pandemic, even as the job market appears to be rebounding on the strength of a reopened economy
Major indexes edged higher on Wall Street after a day of muted trading, preserving their gains for the week.
Dollar-pegged cryptocurrencies called stablecoins are on the rise, and U.S. regulators are taking notice.
Stocks closed higher again on Wall Street, extending their gains following a sharp drop at the beginning of the week.
