Amazon to invest over €1 billion in zero-emission fleet

Ecommerce giant Amazon has announced that it will invest more than 1 billion euros up until 2027 to decarbonize its transportation network in Europe. The company will add electric delivery vans and electric heavy goods vehicles to its network. It wants to become net-zero carbon by 2040.

Online marketplace Amazon has been working towards more sustainable operations in Europe for a while now. It launched its first ‘micromobility’ hub in London this summer consisting of e-cargo bikes and on-foot delivery staff.

According to the company, it currently has over 3,000 electric delivery vans across Europe. It expects to grow that fleet to over 10,000 by 2025 with the new investment plans.

Andy Jassy, Amazon CEO says that the company’s transportation network is one of the most challenging areas of their business. Decarbonizing and achieving net-carbon will require a substantial and sustained investment.  Deploying thousands of electric vans, long-haul trucks, and bikes will help the company shift further away from traditional fossil fuels. Plus it will further encourage transportation and automotive industries in Europe and worldwide to continue scaling and innovation in order to reach global climate goals.

Amazon currently has micromobility hubs in 20 cities in Europe and it wants to double that by the end of 2025. The company has also announced that it will invest in thousands of chargers in its European facilities.

It wants to power its operations with 100 percent renewable energy by 2025. This includes operations like data centers, logistics centers and physical stores. A year ago, the company’s operations were powered with 85 percent renewable energy. Overall, it now has over 100 renewable energy projects across Europe.