Amazon's goal of carbon neutrality will help take electric vehicles "to the next level" because the e-commerce giant has a huge fleet of vehicles, Morgan Stanley says.

Push to electric vans and trucks will be led by Amazon and other ‘megafleets’ carbon neutral

Technology News
  • Amazon plans to have half of its trips be carbonneutral by 2030.
  • Amazon’s plan requires “an aggressive adoption” of electric vehicles, Morgan Stanley‘s Adam Jonas says.
  • “We think investors should prepare for more moves by megafleets to solve for sustainability,” he says.

Push to electric vans and trucks Amazon goal of carbon neutral


Amazon’s goal of carbon neutrality will help take electric vehicles “to the next level” because the e-commerce giant has a huge fleet of vehicles, Morgan Stanley says.
“Amazon’s plans to have 50% of its trips carbon neutral by 2030 implies a major push in electric vans/delivery vehicles,” Morgan Stanley analyst Adam Jonas said in a note Wednesday. “We think investors should prepare for more moves by megafleets to solve for sustainability.”

CNBC

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