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FedEx to save $800 million in fuel costs thanks to new EV purchases, report says

The delivery giant places a big order for EV trucks, which will replace thousands of diesel-powered vehicles.

Tarun Mottlia

Via Mashable

·Excerpt
FedEx to save $800 million in fuel costs thanks to new EV purchases, report says
Image: Mashable

With a plan to fully electrify its fleet by 2040, FedEx recently took a big step toward that goal by purchasing 2,000 EVs that will enter service in the U.S. and Canada by the end of 2027.The Tennessee-based package carrier is buying the vehicles from California startup Harbinger for over $200 million, according to InsideEVs. If the report’s numbers are right, it’s a good investment; the trucks are anticipated to save FedEx $40 miillion in fuel costs each year and…

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