FedEx has announced a goal to achieve carbon-neutral operations by 2040. The delivery giant will invest $2 billion in vehicle electrification, sustainable energy and carbon sequestration. By 2040, FedEx says its entire parcel pickup and delivery (PUD) fleet will consist of electric vehicles. The goal will be met through phased programs to replace existing vehicles—by… Read more »
Search Results Found For: "electrify america"
Electrify Canada expands ultra-fast charging network to Alberta
Electrify Canada, the sister company of Electrify America, has officially expanded into the province of Alberta with the opening of a new station in the Rocky Mountain town of Canmore. The new station is located just off of Highway 1 at The Shops of Canmore. Electrify Canada will also soon open a station in Calgary,… Read more »
New report: innovative financing will be needed to electrify truck and bus fleets
Broader collaboration among key stakeholders and a new generation of finance solutions will be needed to electrify trucks and buses at scale by 2050, according to a new report released by the Environmental Defense Fund (EDF), MJ Bradley and Vivid Economics. The authors of “Financing the Transition” interviewed more than 30 fleet operators, as well… Read more »
New report identifies high-priority regions for electrifying trucks
Electric trucks are on the way, and academics are turning out papers to guide businesses and policymakers through the transition. The North American Council for Freight Efficiency (NACFE) and the Rocky Mountain Institute (RMI) have collaborated on a report that proposes prioritizing geographic regions for electric truck deployments. The potential cash and emissions savings of… Read more »
Letter from South America: electric buses rolling in Chile, Colombia and Ecuador
Electric buses are on a roll worldwide, thanks to their compelling economic and environmental benefits. South America, which is rapidly urbanizing, heavily dependent on bus transit and plagued by air pollution, is emerging as a major market for e-buses. According to Intelligent Transport, South American bus networks transport nearly 13 times more passengers than European… Read more »
IKEA and delivery partners electrify last-mile delivery around the world
In 2018, at California’s Global Climate Action Summit, IKEA CEO Jesper Brodin announced a commitment to using EVs for the last-mile portion of all of its product shipments by 2025. Now the Swedish retailer says it has already electrified all its local delivery vehicles in Shanghai, and plans to do the same in Los Angeles,… Read more »
Proterra raises $155 million, will work with Daimler to electrify school buses
Electric bus maker Proterra, a company that we’ve often written about, has secured a new $155-million round of investment, co-led by Daimler (the exact amount Daimler invested has not been divulged). Along with the investment, Daimler and Proterra agreed to “explore the electrification of select Daimler heavy-duty vehicles. The first of these efforts will be… Read more »
Volkswagen forms Electrify Canada to install network of ultra-fast chargers
Volkswagen Group Canada has formed a new company called Electrify Canada, with a similar mission to that of Electrify America, the US charging network that Volkswagen was required to establish as part of the settlement over its diesel emissions cheating scandal. Electrify Canada will build an ultra-fast DC charging network in the Great White North,… Read more »
McKinsey survey finds EV awareness increasing, suggests strategies for OEMs to electrify
As the EV scene heats up, we’re starting to see a steady stream of studies and surveys analyzing the growing market. Assessments of consumers’ EV awareness vary considerably, and predictions for the future are all over the map. A recent report by investment analyst Goldman Sachs sees big changes ahead for the auto industry, but… Read more »
Silicon Valley’s Motiv helps electrify heavy-duty trucks, shuttles and buses
Sometimes kids can’t wait to be grown-ups, but growth takes time. An acorn doesn’t become an oak tree overnight. Electric vehicles are a growth industry, and many people in that industry would like to see explosive expansion, rather than the slow and steady gains that have characterized the market for years. Yet even slow progress… Read more »