FedEx Express (FedEx) as part of its goal to achieve carbon-neutral operations globally by 2040 is deploying 30 TATA Ace EVs in Delhi.
Planning to transform its entire fleet of parcel pickup and delivery to a zero-emission electric vehicle by 2040, this move to introduce electric vehicles (EV) marks a critical milestone for FedEx. The company has a goal of converting 50% of its global pickup and delivery vehicle purchases to electric by 2025, with that increasing to 100% by 2030.
FedEx last year conducted EV trials in India to test the vehicle technology and assess the vehicles’ operational effectiveness on a standard route fully loaded with packages. Based on these trials, each new electric vehicle added to the FedEx fleet is estimated to save up to 1.3 tons of carbon emissions annually.
“At FedEx, we have ambitious sustainability goals, and our phased approach to vehicle electrification is a crucial part of our roadmap to reduce environmental impact in pursuit of a greener world. The increasing popularity of e-commerce means transforming our operations to be more sustainable is more important than ever. The electrification of our fleet will go a long way towards minimizing carbon emissions in our operations while at the same time sustainably delivering to the same service standards.”Suvendu Choudhury, Managing Director of FedEx Express India Operations
Electric vehicles provide a technologically advanced, clean, and smart solution for e-cargo mobility. EVs in addition to addressing the core need for timely and efficient last-mile deliveries, also help meet the future commitment and aspirations of its conscientious customers to achieve a net zero carbon footprint. Its container is made of lightweight, durable materials that suit the logistics industry’s demands.
Nine out of ten consumers in India expect businesses to deliver goods sustainably, and those with sustainable operations are likely to get more business, says research commissioned by FedEx. Eight out of ten prefer to buy from companies with an effective environmental, social, and governance (ESG) strategy in place.
FedEx in 2003, became the first delivery company in the world to use hybrid vehicles for pickup and delivery and, in 1994, the company used its first electric vehicle – an acid battery-powered vehicle in California. FedEx has been a vocal advocate for improved fuel efficiency standards and policies to support the commercial deployment of alternative-fuel vehicles.