Amazon to invest over 1 bn Euros to electrify delivery fleet in Europe
E-commerce giant Amazon has announced that it will invest more than one billion euros to further electrify its transportation fleet across Europe over the next five years.
The company said it is using thousands of zero-emission vehicles across its European operations, and this investment will add thousands more, accelerating Amazon’s progress toward becoming net-zero carbon by 2040 — 10 years ahead of the Paris Agreement.
“Our transportation network is one of the most challenging areas of our business to decarbonise, and to achieve net-zero carbon will require a substantial and sustained investment,” said Andy Jassy, Amazon CEO.
