Transportation company FedEx Express (FedEx) on Tuesday, deployed 30 TATA Ace EVs in Delhi to advance the sustainability goal of zero-emissions last-mile delivery in India.
The company plans to transform its entire parcel pickup and delivery fleet to zero-emission electric vehicles globally by 2040.
"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 minimising 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, said in a statement.
Moreover, the company said that it has a goal of converting 50 per cent of its global pickup and delivery vehicle purchases to electric by 2025, with that increasing to 100 per cent by 2030.
Last year, the company conducted EV trials in India to test the vehicle technology and evaluate the vehicles' operational effectiveness on a standard route with packages fully loaded.
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, said the company.
Further, 9 out of 10 consumers in India expect businesses to deliver sustainability, and those with sustainable operations are likely to get more business, according to research commissioned by FedEx.
However, 8 out of 10 prefer to buy from companies with an effective environmental, social, and governance (ESG) strategy in place.
--IANS
shs/vd
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve hit your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Quarterly Starter
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Access to Exclusive Premium Stories Online
Over 30 behind the paywall stories daily, handpicked by our editors for subscribers


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app