Deutsche Post AG reported record earnings as its DHL express-delivery arm benefited from a surge in home shopping spurred by the coronavirus crisis.

Deutsche Post AG 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 AG and Daimler AG.

Deutsche Post AG’s third-quarter profit jumped more than threefold to a record as the mail operator shifts to tap booming shipments from Internet shopping and recovered from costs for a failed software project.

Deutsche Post AG’s second-quarter profit beat analysts’ estimates as the German parcel business and international express unit of Europe’s largest postal company expanded.