Financial News

FedEx Corp. (NYSE: FDX) Pledges to Deploy only EVs by 2040

With climate change and its long-term effects becoming more apparent, several countries around the world have set ambitious green energy targets. Electric vehicle (“EV”) startups such as Tesla and established automakers such as Toyota showed that zero-emission energy vehicles were a viable mode of transport, kicking off a mass shift from internal combustion engine (“ICE”) vehicles to battery electric vehicles (“BEVs”). Consequently, several companies have committed to replacing their fleets with EVs in a bid to reduce their carbon footprint.

FedEx (NYSE: FDX) is the latest company to announce that it will swap its gas-powered vehicles for zero-emission electric vehicles. On March 3, the company announced that it planned on eliminating all carbon emissions across its operations by 2040, joining a long line of American companies that have pledged to achieve carbon neutrality over the next couple of decades. To achieve its green energy…

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NOTE TO INVESTORS: The latest news and updates relating to Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6A) (OTC: MOTNF) are available in the company’s newsroom at https://ibn.fm/MOTNF

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