Morgan Stanley: Push to electric vans and trucks will be led by Amazon and other 'megafleets'

Morgan Stanley: Push to electric vans and trucks will be led by Amazon and other 'megafleets'

5 years ago
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https://www.cnbc.com/2019/02/20/morgan-stanley-push-to-electric-vans-and-trucks-will-be-led-by-amazon-and-other-megafleets.html

Amazon is one of many technology and logistics companies with a "megafleet" of vehicles and Morgan Stanley thinks the e-commerce giant's goal of carbon neutrality will take "EVs to the next level."

"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 wrote in a note on Wednesday. "We think investors should prepare for more moves by megafleets to solve for sustainability."

Morgan Stanley: Push to electric vans and trucks will be led by Amazon and other 'megafleets'

Feb 20, 2019, 2:26pm UTC
https://www.cnbc.com/2019/02/20/morgan-stanley-push-to-electric-vans-and-trucks-will-be-led-by-amazon-and-other-megafleets.html > Amazon is one of many technology and logistics companies with a "megafleet" of vehicles and Morgan Stanley thinks the e-commerce giant's goal of carbon neutrality will take "EVs to the next level." > "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 wrote in a note on Wednesday. "We think investors should prepare for more moves by megafleets to solve for sustainability."