PepsiCo Doubles Down On Electric As 75 Ford E-Transits Join Tesla Semi Trucks In Fleet
Portfolio Pulse from Anan Ashraf
PepsiCo is expanding its electric vehicle fleet by adding 75 Ford E-Transit vans and 50 Tesla Semi trucks. This move aligns with PepsiCo's goal of achieving net-zero emissions by 2040. The company has also installed Tesla chargers and Megapack Battery Energy Storage Systems at its Fresno facility.
May 22, 2024 | 6:14 am
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Ford's E-Transit vans are being added to PepsiCo's fleet, highlighting the growing popularity and production of these electric vehicles.
The addition of Ford's E-Transit vans to PepsiCo's fleet underscores the increasing demand and production of these vehicles, which is likely to positively impact Ford's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
PepsiCo is expanding its electric vehicle fleet with 75 Ford E-Transit vans and 50 Tesla Semi trucks, aligning with its net-zero emissions goal by 2040.
PepsiCo's expansion of its electric vehicle fleet is a significant step towards its sustainability goals, which is likely to positively impact its stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Tesla is supplying 50 Semi trucks to PepsiCo, with additional infrastructure installed at PepsiCo's Fresno facility to support these vehicles.
Tesla's supply of Semi trucks to PepsiCo and the installation of supporting infrastructure highlight the company's growing role in the commercial EV market, likely boosting its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90