Amazon has announced that it will invest €1 billion over five years to electrify its delivery fleet in Europe. The funds will be used to “triple” Europe’s EV fleet to 10,000 vans and 1,500 “electric heavy goods vehicles.” The company has stated that it intends to achieve net-zero carbon emissions by 2040.
The announcement comes as Amazon’s carbon footprint increased last year, despite the company’s efforts to position itself as a climate leader. According to its most recent sustainability report, its carbon dioxide emissions increased by an astounding 18% in 2021 compared to 2020.
