FedEx Trucks to be All Electric by 2040

FedEx will replace its current delivery trucks with electric models until its entire fleet is made up of zero—emission vehicles by 2040. The company is making the transition as a way to help it achieve its goal to reach carbon neutral status in the same year. In its announcement, FedEx says its will slowly phase out its existing parcel delivery trucks and that 50 percent of its global vehicle purchases will be electric by 2025. All its vehicle purchases will be EVs by 2030, and it's aiming to retire its gas-powered trucks completely 10 years after that.

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