FedEx to Add 1,000 Electric Vehicles to Parcel Fleet
By Jennifer Smith
Nov. 20, 2018 12:49 p.m. ET
FedEx Corp. is adding 1,000 electric delivery vans to its fleet, a move aimed at tamping down emissions in parcel delivery operations as regulators push to rein in pollution from commercial vehicles.
The company said Tuesday it is buying 100 of the vans from Chanje Energy Inc., a subsidiary of FDG Electric Vehicles Ltd., which manufactures the vehicles in Hangzhou, China. FedEx will lease the other 900 vans from Ryder System Inc., which also will provide support services for all the vehicles, the companies said Tuesday.
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