Amazon to Bring Low Carbon Electrofuels to its Trucking Fleet
20 September 2022 - 1:00PM
Business Wire
Agreement with Infinium will help Amazon reduce carbon emissions
for roughly 5 million miles of travel per year
Amazon (NASDAQ: AMZN) has signed an agreement with renewable
fuels technology company Infinium to begin powering Amazon’s
transportation fleet with ultra-low carbon electrofuels beginning
in 2023. Infinium is expected to initially supply enough
electrofuels, which are a fossil-based fuel alternative created
with carbon waste and renewable power, to begin powering Amazon
trucks in lieu of diesel fuel for approximately 5 million miles of
travel per year.
The agreement is another step forward in Amazon’s commitment to
transition its transportation network away from fossil fuels and
deliver packages to customers in more sustainable ways. Amazon
plans to initially use the electrofuels in trucks in its middle
mile fleet in Southern California, where the trucks are expected to
help serve millions of customers. Amazon’s middle mile fleet is
responsible for moving customer orders from its vendors and
fulfillment centers to its network of sortation and delivery
stations.
According to the United Nations, the transportation sector
currently accounts for approximately 25% of all carbon emissions
globally, and Infinium is working to change that by developing
ultra-low carbon fuels that can easily be used to power cargo
trucks, airplanes, and marine freight without engine
modifications.
To start, Infinium plans to build one of the world’s first
electrofuels-production facilities in Texas. The facility will use
renewable-power-generated green hydrogen and approximately 18,000
tons of recycled carbon waste per year—which would otherwise be
released into the atmosphere—to create the electrofuels.
Amazon previously invested in Infinium through The Climate
Pledge Fund, Amazon’s $2 billion venture investment program that
specifically invests in companies building technologies, products,
and services that can help Amazon and others accelerate the path
toward net-zero carbon future. Amazon has announced investments in
a total of 18 companies through The Climate Pledge Fund to
date.
“Infinium’s electrofuels can help Amazon reduce carbon emissions
across our transportation fleet, which is important to both us and
our customers, and will help us move closer to our goal of net-zero
carbon by 2040,” said Kara Hurst, vice president of Worldwide
Sustainability at Amazon. “We’ve supported Infinium’s technology
through our Climate Pledge Fund, and it’s exciting to see our
investment turning into usable fuel that will help us, and others
across the industry, decarbonize transportation in the long
run.”
“Our agreement with Amazon to provide Infinium electrofuels for
use in the company’s transportation network is a significant moment
for all of us,” said Infinium CEO Robert Schuetzle. “We’ve been
developing this technology for the better part of a decade, and we
expect our electrofuels to reduce greenhouse gas (GHG) emissions by
approximately 95 percent over traditional fossil fuels. We’re
thrilled to have the first fleet of Amazon trucks powered by
electrofuels starting next year, which will mark the beginning of a
major shift for the entire transportation sector.”
Amazon is committed to reaching net-zero carbon by 2040 as part
of its commitment to The Climate Pledge, and will continue to take
real business action to decarbonize its operations. Infinium is an
example of how Amazon invested in new climate innovation, and the
company will soon leverage its technology to help it reduce carbon
emissions.
In addition to partnering with Infinium, Amazon has taken other
significant steps toward net-zero carbon:
- Amazon signed an agreement with Plug Power to supply 10,950
tons per year of green hydrogen for its transportation and building
operations starting in 2025. Amazon will start to use green
hydrogen to replace grey hydrogen, diesel, and other fossil fuels
as it works to decarbonize its operations, and this green hydrogen
supply contract will provide enough annual power for 30,000
forklifts or 800 heavy-duty trucks used in long-haul
transportation.
- Through The Climate Pledge Fund, Amazon invested in Electric
Hydrogen and Sunfire, two of the most promising developers of
electrolyzers, a key technology that makes emissions-free green
hydrogen for use in heavy duty transportation.
- Amazon has also ordered 100,000 electric delivery vehicles from
Rivian, marking the largest order ever of electric delivery
vehicles. Amazon’s custom electric delivery vehicles from Rivian
started to hit the road this summer in the U.S., with thousands
expected to be making deliveries in more than 100 major U.S. cities
by the end of this year.
Learn more about Amazon’s sustainability efforts.
About Amazon
Amazon is guided by four principles: customer obsession rather
than competitor focus, passion for invention, commitment to
operational excellence, and long-term thinking. Amazon strives to
be Earth’s Most Customer-Centric Company, Earth’s Best Employer,
and Earth’s Safest Place to Work. Customer reviews, 1-Click
shopping, personalized recommendations, Prime, Fulfillment by
Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire
tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology,
Amazon Studios, and The Climate Pledge are some of the things
pioneered by Amazon. For more information, visit amazon.com/about
and follow @AmazonNews.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220920005359/en/
Amazon.com, Inc. Media Hotline Amazon-pr@amazon.com
www.amazon.com/pr
Amazon.com (NASDAQ:AMZN)
Historical Stock Chart
Von Mär 2024 bis Apr 2024
Amazon.com (NASDAQ:AMZN)
Historical Stock Chart
Von Apr 2023 bis Apr 2024