2023-03-30 07:24:45 ET
A release from the White House on new private and public sector investment in electric vehicle included previously announced commitments from Amazon ( NASDAQ: AMZN ), Alphabet ( GOOG ), Trane Technologies ( TT ), and Hertz Global ( HTZ ).
The nation's EV fleet expansion was noted to include Amazon ( AMZN ) rolling out over 3K electric delivery vehicles as part of the e-commerce giant's commitment to bring 100K electric delivery vehicles to the road by 2030. Alphabet's ( GOOG ) Waymo was said to be committed to deploy the all-electric Jaguar I-PACE across all of its ride-hailing service territories this spring and retire its previous generation platform. Trane Technologies ( T ) was noted to be committed to transition 100% of its global fleet of more than 8K vehicles, including service vans and trucks, to all electric vehicles by 2030. Hertz ( HTZ ) was noted to be committed to substantially increase its electric vehicle rentals this year forecasting nearly 2M EV rentals in 2023, approximately five times the number of EV rentals in 2022, and extending the electric vehicle experience to leisure and business travelers and rideshare drivers across the country.
Read the full fact sheet on the Biden-Harris electric vehicle plan.
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Amazon, Waymo and Hertz are singled out by White House for EV commitments