A clutch of European and U.S. delivery company startups is racing to serve the growing market for offering zero-emission, electric last-mile deliveries in cities to retailers and consumers before giant shippers do the same.
The likes of Germany’s Liefergrun, the UK’s Zedify and Packfleet, and New York-based DutchX are tapping into retailers’ need to hit environmental, social and corporate governance (ESG) and emission-reduction targets. Collectively, zero-emission delivery startups have raised around $1 billion so far, according to Pitchbook and data collected by Reuters.