Amazon is forging ahead with its Climate Pledge, announcing Friday that it has ordered more than 1,800 electric vehicles from that of Mercedes-Benz. The order is the largest commitment for Merecedes electric vehicle fleet yet, while making Amazon its largest sustainable transportion partner.
The order will see the majority of vehicles purchased, over 1,200, be that of the newest vehicle in Mercedes fleet, the eSprinter. The remaining 600 vehicles within the order will be a midsize electric van, known as the eVito. The order follows another major order made by the ecommerce giant last year, when it ordered 100,000 delivery vans from start-up electric vehicle maker Rivian that are expected to begin to hit the road in 2021.
The heavy move towards electric vehicles is a result of Amazon looking to fulfill its pledge of reaching net zero carbon by 2040, ten years ahead of the Paris Agreement. In connection with the order, Mercedes-Benz also joined the climate pledge, suggesting that Amazon may be using its weight to coerce other large firms to join the pledge.
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Electric vehicles under Friday’s order will begin to be delivered this year, with Amazon stating that it “will be moving fast to get these vans on the road this year.” Vehicles from the order will be used to make deliveries to consumers within Europe this year.
Information for this briefing was found via EEI and Amazon. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
