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Evening Standard
Evening Standard
Business
Rhiannon Curry

Amazon to invest €1 billion in European electric vehicle fleet

Amazon Europe

Amazon wants to replace its existing fleet with electric vehicles

(Picture: AFP via Getty Images)

Amazon has announced plans to invest more than €1 billion (£880 million) in electrifying its European transportation network over the next five years, including £300 million in the UK.

The company will invest in thousands of new electric vehicles which will more than double the size of its existing European zero-emission fleet.

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