Amazon Nowhere Close To Its 100K Electric Delivery Vans By 2030 Target: Here's How Many It Still Has To Deploy (Updated)
Portfolio Pulse from Anan Ashraf
Amazon aims to deploy 100,000 electric delivery vans (EDVs) by 2030 but has only deployed 19,000 so far. The company has partnered with Rivian Automotive and other manufacturers to achieve this goal. Amazon delivered 680 million packages globally with electric vehicles in 2023.
July 31, 2024 | 12:34 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Amazon aims to deploy 100,000 electric delivery vans by 2030 but has only deployed 19,000 so far. The company delivered 680 million packages globally with electric vehicles in 2023.
Amazon's progress towards its 2030 goal of 100,000 EDVs is slower than expected, which may raise concerns among investors about the company's sustainability targets. However, the significant increase in EV deliveries shows commitment to the goal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Rivian Automotive is a key partner in Amazon's goal to deploy 100,000 electric delivery vans by 2030. Amazon has deployed 11,800 Rivian EDVs in the U.S. in 2023, a significant increase from 2022.
Rivian's significant increase in EDV deployments for Amazon indicates strong demand and growth potential. This partnership is crucial for Rivian's revenue and market position.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80