Amazon said the move was part of its goal of meeting the Paris climate agreement targets a decade ahead of schedule. President Donald Trump sadly withdrew the United States from the deal – which is designed to prevent global temperatures from rising more than 2 degrees Celsius above pre-industrial levels – in 2017.
“We applaud the bold leadership shown by Mercedes-Benz in endorsing The Climate Pledge and committing to ambitious action to tackle climate change,” said Amazon CEO Jeff Bezos. “We need continued innovation and partnership from automakers like Mercedes-Benz to decarbonize the transportation sector and tackle the climate crisis. “
Amazon recently stepped up its investments in climate initiatives, launching a $ 2 billion venture capital fund to support companies developing climate technologies in June. It’s also not the first large order for electric vehicles the company has placed – Amazon has agreed to buy 100,000 electric delivery vans from Rivian, a start-up in which it has invested hundreds of dollars.
But the company’s logistical strength has been a source of concern for the postal services industry. Traditional postal companies have made their own investments to challenge Amazon’s dominance and change over time. UPS, for example, ordered 10,000 electric vans from British start-up Arrival earlier this year.
Amazon has benefited from skyrocketing e-commerce growth during the coronavirus pandemic, as consumers flocked online amid government-imposed lockdowns. Bezos, the founder of the Amazon billionaire, saw his wealth surpass $ 200 billion earlier this week thanks to a rise in the company’s stock price. Amazon shares are up 84% year-to-date.