Amazon.com Inc. announced that it will accelerate its effort to become carbon-neutral by investing more than 1 billion euros ($974.8 million) in electric vans, lorries, and low-emission package centres across Europe over the next five years.
The store claimed that the investment was also intended to promote innovation in the transportation sector and encourage the development of more public charging stations for EVs (EVs).
By 2025, the US online retailer expects its fleet of electric vans in Europe to more than triple, from 3,000 to more than 10,000 vehicles.
The firm stated that over 100 million parcels were delivered by its 3,000 zero-emission vans in 2021, but it did not specify what proportion of its current European last-mile delivery fleet is electric.
In the upcoming years, Amazon said it intends to buy more than 1,500 electric heavy goods vehicles, which are used for “middle-mile” transportation to package hubs.
There are relatively few zero-emission electric vans and trucks available for purchase, despite the fact that several major logistics companies, notably package delivery providers United Parcel Service Inc. and FedEx Corp., have committed to buying considerable numbers of them.
Several startups are vying for market share in the electric van or truck space, but established producers like General Motors Co. and Ford Motor Co. are becoming more and more competitive.
Through 2025, Amazon will purchase 100,000 electric vans from Rivian Automotive Inc.
The business announced that in addition to EVs, it will make thousands of charger investments at facilities throughout Europe.
The business announced that in addition to EVs, it will make thousands of charger investments at facilities throughout Europe.
The store also announced plans to double the number of “micro-mobility” centres it already operates across Europe, from 20 to 40.
In order to reduce emissions, Amazon has used these strategically placed hubs to operate new delivery techniques like on-foot deliveries or electric cargo bikes.
By 2040, the company aims to be carbon neutral.