Amazon will invest $972.1 million to add thousands of more electric vans, long-haul trucks and cargo bikes to its delivery 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 investment, Amazon also hopes to purchase more than 1,500 electric trucks, up from five in the United Kingdom. To accommodate those vehicles, the company said it will build hundreds of fast chargers across its European facilities that can charge the vehicles in roughly two hours.
Amazon will also buy larger, heavy-duty electric trucks for “middle-mile” shipments. These are vehicles like the Tesla Semi, Freightliner eCascadia, and Volvo VNR electric that move large amounts of goods from ports to distribution centers.
Source: Reuters