Ryder System to add 4,000 electric vans to its fleet
Tweet
Share
E-mail
FILE PHOTO: A general view of ZEVO600 by automaker General Motors (GM) Brightdrop unit's CAMI EV Assembly, Canada's first full-scale electric vehicle manufacturing plant, in Ingersoll, Ontario, Canada December 5, 2022. REUTERS/Carlos Osorio
(Reuters) - Logistics and transportation company Ryder System Inc said on Monday it plans to add 4,000 electric vans to its lease and rental fleet through 2025, with some vehicles to be available as early as this summer.
The electric vans will comprise General Motor Co's BrightDrop Zevo 600 and Zevo 400 vans. The company said the first 200 vehicles will be ordered this year.
The move comes as the trucking industry is expected to face tougher greenhouse emissions regulations this year.
"Electrifying lease and rental vehicles can have a significant impact on transportation-related emissions," Steve Hornyak, chief commercial officer for BrightDrop said.
Ryder plans to deploy model year 2023 Zevo 600 electric vans in its rental fleet in California, Dallas-Fort Worth, and New York City later this year.
(Reporting by Kannaki Deka in Bengaluru; Editing by Saumyadeb Chakrabarty)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- US consumer sentiment deteriorates in September, inflation expectations rise
- Adobe beats Q3 targets, but soft Q4 sales guidance triggers dip
- JPMorgan downgrades Chewy as macro headwinds curb growth
Create E-mail Alert Related Categories
General News, ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
