Amazon to Invest $972M for Electric Vans, Trucks in Europe
Amazon to Invest $972M for Electric Vans, Trucks in Europe Amazon said Monday it will invest 1 billion euros ($972.1 million) to add thousands of more electric vans, long-haul trucks and cargo bikes to its delivery network in Europe.
NEW YORK (AP) — Amazon said Monday it will contribute 1 billion euros ($972.1 million) to add great many more electric vans, long stretch trucks and freight bicycles to its conveyance network in Europe.
The investment would grow the number of electric delivery vans the company has in Europe from roughly 3,000 to 10,000 by 2025, the Seattle-based retail giant said in an announcement on its website.
With the venture, Amazon is likewise expecting to buy in excess of 1,500 electric trucks, up from five in the Assembled Realm. To oblige those vehicles, the organization said it will fabricate many quick chargers across European offices can charge the vehicles in approximately two hours.
“Our transportation network is one of the most challenging areas of our business to decarbonize, and to achieve net-zero carbon will require a substantial and sustained investment,” Andy Jassy, Amazon CEO, said in a statement, referring to the company’s pledge to be net carbon by 2040. Despite the pledge, the company said its carbon emissions grew by 18% last year, driven by the surge in online shopping during the coronavirus pandemic.
Amazon to Invest $972M for Electric Vans, Trucks in Europe Amazon has sent off 25 “miniature portability center points,” or all the more midway found conveyance stations in thick European urban areas, that permit the organization to evaluate different conveyance strategies, like bicycle and foot conveyances. On Monday, it said it hopes to twofold those center points by 2025, which will permit the organization to take more conveyance vans off the street.
The retailer has already ordered 100,000 electric vans from Rivian Automotive, which issued a recall last week for almost all its vehicles in order to tighten a loose fastener. In a recent securities filing, Rivian said it planned to deliver the vehicles to Amazon by 2025. Amazon has said it plans to roll out those vehicles to more than 100 cities by 2030.
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