There's one segment of electric vehicles even Tesla is late to — everyone from Amazon to automakers is racing to build the perfect electric delivery van (AMZN, TSLA, GM)

* Electric cargo vans lie at the intersection of several automotive and urban trends. * They're efficient, emissions free, and fit perfectly within existing EV charging networks. * Morgan Stanley says recent investments by Amazon, GM, and others could be an inflection point for the segment. * Visit Business Insider's homepage for more stories. Move over trucks and crossover SUVs, there's a new hot vehicle in town, and it's not what you might have guessed. With cities becoming more congested, increasing emissions rules, and an uptick in home delivery thanks to the coronavirus, electric delivery vans are set to take center stage, according to Morgan Stanley. And it's more than just the automakers racing to build the perfect one. "Delivery vans have highly predictable routes, conduct high-value services, operate at a high utilization, and generally stay within a specific geographic area," Adam Jonas, the bank's autos analyst, said in a note to clients. "All of which fits well within EV infrastructure and charging ecosystems which enable their full economic use." So far, however, electric vehicles have largely remained constrained to the high-end consumer market. The most obvious example, of course, being Tesla, which handily outsells other EV makers in most markets, especially the United States. Cargo vans like Mercedes' Sprinter, on the other hand, have found their place in the market but remain gasoline-powered. Amazon's decision to order 100,000 electric delivery vans from the upstart Rivian while also investing in the company was a turning point, Morgan Stanley says. The bank also points to Reuters' report this week of a GM electric van as a potential infection point. Commercial vehicles are among the most profitable businesses for Detroit automakers, which have clearly seen Tesla's planned Cybertruck as eventual competition. "It's going to be similar to what the Model 3 has done for the consumer market," Scott Phillippi, a senior director of fleet maintenance and engineering, told the wire service.. "Now all of a sudden, we're off to the races." But "it has not been all smooth sailing recently for EV vans though," Morgan Stanley warns. Specifically, DHL's cancelled StreetScooter program was "arguably the most successful EV van program to be commercialized so far … however, we believe the number of potential new entrants into the space shows significant momentum." Join the conversation about this story » NOW WATCH: How waste is dealt with on the world's largest cruise ship
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SpaceX has a 'go' from NASA to return 2 astronauts to Earth on Sunday as Hurricane Isaias threatens several Florida splashdown locations

* NASA on Saturday gave SpaceX a "go" to undock the company's first crewed space mission, called Demo-2, and land it on Sunday evening. * Hurricane Isaias complicated original plans to return two astronauts to Earth aboard SpaceX's Crew Dragon spaceship in the Atlantic Ocean. * Elon Musk's aerospace company may now try to splash down NASA astronauts Bob Behnken and Doug Hurley in the Gulf of Mexico. * Two out of seven total landing sites near Florida must have good weather conditions, and NASA has until about 5 p.m. ET on Saturday to call off the undocking. * Should the weather worsen, NASA and SpaceX can try again a day later or some other date over the next two months. * Visit Business Insider's homepage for more stories. Astronauts Bob Behnken and Doug Hurley have a "go" to return to Earth this weekend and wrap up an historic space mission for both NASA and SpaceX. Behnken and Hurley launched to orbit aboard SpaceX's Crew Dragon vehic...

Here's an exclusive look at the pitch deck London fintech Lanistar used to raise $19 million at a $190 million valuation

* London-based fintech startup Lanistar has raised a £15 million ($19 million) funding round from Milaya Capital. * Founded in 2019, Lanistar is building a personal financial management platform that will launch later in 2020. * "We're expecting a huge amount of growth upon our launch and have already seen strong interest among our sign ups," Gurhan Kiziloz, founder and CEO of Lanistar, told Business Insider. * Visit Business Insider's homepage for more stories. The coronavirus lockdown in the UK has brought the importance of managing money into sharp relief. A recent study from Money.com shows that 71% of UK households have saved cash during lockdown, and, with uncertainty about jobs and the economy looming, money management is now front of mind for many. Lanistar, a banking platform with a focus on personal finance, is one company offering tools for consumers to better manage their money. It has just raised a £15 million ($19 million) funding round from Mil...

How to send your location on Snapchat to your friends through the app's Snap Map feature

* You can send your location on Snapchat to a single friend or to several users in a group. * To send a location on Snapchat, you'll need to visit your friendship history with a user and locate the "Send My Location" feature. * Once you send a location on Snapchat to a friend, they can tap it and zoom in to see where you are. * Visit Business Insider's Tech Reference library for more stories. Whether you want to share the location of your favorite restaurant or the address of your new apartment, you can easily send your location on Snapchat to your friends. You can do this using the Snap Map and will even be prompted to select who you want to share you location with the first time you use the app feature. You can choose to share your location with your mutual friends, a list of friends with exceptions, or a small group of selected friends. To send your location directly to a mutual Snapchat friend, you must visit your chat history through your friends li...

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