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FedEx Express UK rolls out new e-cargo bikes in London
FedEx Express Europe has introduced new-model e-cargo bikes to work alongside its vehicle pick-up and delivery fleet in Greater London.
Eight electrically assisted four-wheel delivery bikes will now operate from FedEx Express stations London City and Hornsey, where it is envisioned they will replace six conventional diesel vans and avoid an estimated 22,000kg* of CO2 emissions per year.
E-bike manufacturer, Electric Assisted Vehicles Ltd (EAV), worked with FedEx Express to develop and test the new model e-cargo bikes after it was awarded £150,000 from the Department for Transport under the Freight Innovation Fund programme.
The e-cargo bikes – designed for use in all weather conditions – can carry up to 170kg over 45 miles on a single battery charge and can be recharged via a standard three-pin plug, meaning the bikes do not need a custom charging infrastructure solution in the stations.
“With these newest e-cargo bikes we further grow our fleet of e-cargo bikes in London, enabling us to deliver to our customers in an efficient and more environmentally-conscious way,” said Rob Peto, Vice President Operations UK, FedEx Express.
“Besides the ability to take faster routes through the city, the use of e-cargo bikes also removes vehicle tailpipe emissions from last-mile delivery, which makes them a favoured last-mile solution in congested or restricted urban areas.”
Published On: 15/02/2024 14:00:00
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In brief
Yodel acquired by challenger logistics group
Yodel, a leading independent UK logistics provider, has been acquired by YDLGP Limited, a newly formed company, for an undisclosed amount.
YDLGP is backed by a consortium of investors including Solano Partners Ltd, an independent boutique investment bank which also advised on the transaction, as well as the leadership team behind Shift, the rapidly growing UK-based logistics platform, including its founder Jacob Corlett.
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Yodel also announces that its new owner, YDLGP, has agreed terms to acquire the entire issued share capital of Shift, the tech logistics scale up that acquired and relaunched Tuffnells in June 2023.
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