United Parcel Service Inc.’s push to adopt battery-powered delivery trucks hit a snag due to financial troubles at Arrival SA, a European electric-vehicle startup that’s running out of cash.

UPS invested in Arrival in 2020 and ordered as many as 10,000 vans that were designed to the courier’s specifications. Now, UPS is talking with other EV manufacturers while keeping an eye on Arrival’s fate, said Laura Lane, UPS’s chief corporate affairs and sustainability officer.