FedEx To Add 1,000 Chanje V8100 Electric Delivery Vehicles

(RTTNews) - FedEx Corp. (FDX) said Tuesday that it is expanding its fleet to add 1,000 Chanje V8100 electric delivery vehicles. The company is purchasing 100 of the vehicles from Chanje Energy Inc and leasing 900 from Ryder System, Inc.

The company noted that the purpose-built electric vehicles will be operated by FedEx Express for commercial and residential pick-up and delivery services in the United States.

The vehicles are manufactured by FDG in Hangzhou, China, and purchased through Chanje Energy Inc., the company's subsidiary for global business. Ryder System, Inc. will provide support services for all of the vehicles.

FedEx noted that EVs can travel more than 150 miles when fully charged and have the potential to help FedEx save two thousand gallons of fuel while avoiding 20 tons of emissions per vehicle each year. The maximum cargo capacity is around 6,000 pounds. All of the EVs will be operated in California.