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Amazon plans to invest more than 1 billion euros in Europe and expand electric vans to 10,000

  • linda
  • 2022-10-10 17:45:52
  • 292 read
  On October 10, local time, the e-commerce giant Amazon (Amazon) said on its official website that it will in...

  On October 10, local time, the e-commerce giant Amazon (Amazon) said on its official website that it will invest more than 1 billion euros in the next five years to build electric vans, trucks and low-emission parcel centers in Europe to accelerate the achievement of net zero carbon by 2040. emission target.

Amazon will invest more than 1 billion euros.  Source: Amazon's official websiteAmazon will invest more than 1 billion euros. Source: Amazon's official website

  Amazon said it currently has about 3,000 electric vans in Europe for package delivery, and it expects the number of electric vans in Europe to more than triple to more than 10,000 by 2025.

  Amazon has not disclosed the proportion of electric vehicles in its European "last mile delivery network", but the 3,000 electric vans mentioned above will already deliver more than 100 million packages in 2021.

  Amazon also said it hopes to buy more than 1,500 electric heavy goods vehicles over the next few years for "medium-haul" freight to package centers, that is, goods between Amazon's package centers to manufacturing centers and ports. transportation. To power the electric heavy-duty trucks, Amazon will also build hundreds of specialized fast chargers across Europe, enabling vehicles to charge in about two hours.

  In addition to electric vehicles, Amazon has also said it will invest in thousands of charging facilities across Europe. The company has already launched "micro-mobility hubs" in more than 20 European cities, including London, Munich and Paris, and expects to double that number by the end of 2025.

  Micromobility hubs are smaller, city-centre distribution stations. In Europe's densely populated cities, the hubs could assist new delivery methods such as e-cargo bikes and walking deliveries, which can ease traffic congestion in city centers and reduce emissions, Amazon said.

  With the increasing awareness of environmental protection, large enterprises have gradually begun to pay attention to vehicle emissions. Large logistics companies such as United Parcel Service and FedEx have pledged to buy large quantities of zero-emission electric vans and trucks, but there are still not many vehicles available on the market, Reuters said.

  In addition, a number of startups are also targeting the electric van or truck track, but they are facing increasing competition from traditional car companies such as General Motors and Ford Motor.

  Amazon said the investment in electric vans in Europe is also intended to spur innovation across the transportation industry and encourage other companies to provide more public charging facilities for electric vehicles.

  Amazon CEO Andy Jassy said: "The transportation network is one of the company's most challenging businesses to decarbonize, and achieving net-zero carbon emissions requires significant and ongoing investment."

  Amazon said the investment could accelerate Amazon’s goal of reaching net-zero carbon emissions by 2040, which would be 10 years ahead of the Paris Agreement’s “net-zero by 2050”.

  This isn't the first time Amazon has made changes to combat climate change. In July, Amazon said it planned to roll out thousands of electric vans in more than 100 U.S. cities by the end of this year, and pledged to have 100,000 electric vans on U.S. roads by 2030. By then, Amazon said, the company will reduce carbon emissions by millions of tons a year.

  As of the close of U.S. stocks on October 7, Amazon fell 4.77% to close at $114.56 per share. The stock price has fallen by more than 30% this year.


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