autoExpert.ca News

FedEx Fleet Going All-Electric by 2040

Add FedEx name to the growing list of companies committing to a transformation to electric mobility in the near future. And while we're not talking about an auto manufacturer here, the distribution giant is a major player when it comes to vehicles, with upwards of 200,000 of them on the road sporting the FedEx name.

FedEx's commitment ranges even more broadly. The company aims to become carbon neutral by 2040. To get there, it intends to invest more than $2 billion in three key areas: vehicle electrification, sustainable energy and carbon sequestration.

With respect to vehicles, the company's plan is to gradually electrify its entire fleet of vehicles used for parcel pick-up and delivery (PUD). In the first phase, 50 percent of the vehicles purchased by FedEx Express worldwide will be electric by 2025. By 2030, the proportion will rise to 100 percent, and as the conventional fleet is replaced, the company’s fleet will be fully zero-emission.

Of course, if the move to electrification picks up speed, FedEx could accelerate the pace. It’s already known that the company has signed an agreement with GM to receive an initial batch of 500 EV600 electric vans from that automaker’s new BrightDrop division as early as the end of this year.

Read more

 

Cars for sale on autoExpert.ca

Chevrolet
Equinox
2021
Chevrolet
Equinox2021 | $34,713
Chevrolet
Bolt EV
2019
Chevrolet
Bolt EV2019 | $27,494
Mazda
Mazda3
2018
Mazda
Mazda32018 | $17,500
Hyundai
Santa Fe
2015
Hyundai
Santa Fe2015 | $16,980

[ Back to news section ]

Are you looking for a used car for sale? Find it on autoExpert.ca

Car dealer
Used car for sale
© 1994-2021   AutoExpert Powered by Dealer Corporation -  All rights reserved  |  Terms and Conditions  -  Confidentiality Policy | Dealercity