FedEx Continues Advancing Fleet Electrification Goals with Latest 150 Electric Vehicle Delivery from BrightDrop

FedEx Corp. announced today it has received its first 150 electric delivery vehicles from BrightDrop, the technology startup from General Motors (GM) decarbonizing last-mile delivery.

This marks a critical milestone for FedEx as the company plans to transform its entire parcel pickup and delivery (PUD) fleet to all-electric, zero-tailpipe emissions by 2040, and comes just months after BrightDrop’s commercialization of the Zevo 600 as the fastest vehicle to market in GM’s history.

“At FedEx, we have ambitious sustainability goals, and our phased approach to vehicle electrification is a crucial part of our roadmap to achieve carbon neutral global operations,” said Mitch Jackson, Chief Sustainability Officer, FedEx. “In just under six months, we’ve taken delivery of 150 BrightDrop Zevo 600s for our parcel pickup and delivery fleet. In today’s climate of chip shortages and supply chain issues, that’s no ordinary feat and a true testament to the collaboration between FedEx and BrightDrop.”

The first 150 BrightDrop Zevo 600s were delivered throughout Southern California to FedEx Express, a subsidiary of FedEx Corp. and one of the world’s largest express transportation companies. Powered by GM’s Ultium Platform, the Zevo 600 is designed for last-mile deliveries, with an estimated range of up to 250 miles on a full charge. This is part of a larger agreement between FedEx and BrightDrop that will see FedEx incorporate 2,500 total Zevo 600s across FedEx operations over the next few years.
more at: http://investors.fedex.com/news-and-events/investor-news/investor-news-details/2022/FedEx-Continues-Advancing-Fleet-Electrification-Goals-with-Latest-150-Electric-Vehicle-Delivery-from-BrightDrop/default.aspx

Related Posts

L Brands Reports Record First Quarter Earnings

The company reported earnings per share of $0.97 for the first quarter ended May 1, 2021 compared to a loss per share of $1.07 for the first quarter ended May 2, 2020. First quarter operating income was $572.1 million compared to a loss of $317.7 million last year, and net income was $276.6 million compared to a loss of $296.9 million last year.

The Page: January 2024

The latest and exciting NEW issue of The Page, the magazine produced by Two Sides to promote the sustainability and value of print, is now available! In the latest edition of The Page, we take a look at what’s in store for 2024. After a turbulent 2023, we pick the brains of our finest industry experts about their predictions for print, paper and paper-based packaging. Getting your customers’ ATTENTION and keeping it is the Holy Grail of marketing. Now attention metrics shows that print is one of the best performers. You can read more about it in the latest edition of The Page. more at: https://twosides.info/uk/the-page-january-2024

Ulta Beauty Announces Third Quarter 2017 Results

For the Third Quarter: • Net sales increased 18.6% to $1,342.2 million from $1,131.2 million in the third quarter of fiscal 2016. The Company estimates that Hurricanes Harvey and Irma resulted in approximately $14 million in lost sales; • Comparable sales (sales for stores open at least 14 months and e-commerce sales) increased 10.3% compared to an increase of 16.7% in the third quarter of fiscal 2016. The 10.3% comparable sales increase was driven by 6.0% transaction growth and 4.3% growth in average ticket. The Company estimates that Hurricanes Harvey and Irma resulted in approximately 100 basis points of negative impact to comparable stores sales in the third quarter of fiscal 2017; • Retail comparable sales increased 6.6%, including salon comparable sales growth of 3.8%; • Salon sales increased 10.8% to $66.9 million from $60.4 million in the third quarter of fiscal 2016; Click Read More below for additional information.
Back To Top
×Close search
Search