Amazon, AT&T, DHL Join Corporate Electric Vehicle Alliance
January 22 2020 - 10:58AM
Dow Jones News
By Dieter Holger
Amazon.com Inc. (AMZN), AT&T Inc. (T) and DHL Worldwide
Express Inc. are among nearly a dozen companies that said Wednesday
they have joined a new alliance, led by environmental nonprofit
Ceres, to help corporations move to electric vehicles.
Ceres, which maintains a network of more than 170 institutional
investors managing over $29 trillion, said the Corporate Electric
Vehicle Alliance "is expected to boost the electric-vehicle market
by signaling the breadth and scale of corporate demand" for "the
production of a more diverse array of electric-vehicle models."
"It will also provide a platform to coordinate support for
policies that enable fleet electrification," Ceres added.
Other companies in the group are Clif Bar Inc., Consumers Energy
Co., IKEA North America, LeasePlan Corp., Neutron Holdings Inc.'s
Lime, Genentech Inc. and Siemens AG (SIE.XE).
In September, Amazon pledged to purchase 100,000 Rivian electric
vans and deliver half of its shipments with net zero carbon-dioxide
emissions by 2030.
"We're looking forward to working with fellow Corporate Electric
Vehicle Alliance members to share best practices to remove carbon
emissions from our transportation business," said Kara Hurst, head
of world-wide sustainability at Amazon.
Write to Dieter Holger at dieter.holger@wsj.com;
@dieterholger
(END) Dow Jones Newswires
January 22, 2020 10:43 ET (15:43 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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