Evri invests £19m for UK’s biggest pedal powered parcel delivery fleet

Parcel delivery firm Evri has announced a further £19 million investment to fast-track the rollout out of electric cargo bikes for deliveries.

The plans, which would make give Evri, the UK’s biggest fleet of e-cargo bikes for parcel delivery, are part of a wider £19 million investment in sustainability.

This will see Evri grow its fleet of e-cargo bikes from 33 to 99 and electric vehicles (EVs) from 168 to 270 within the next year.

The business also has plans to grow its fleet of electric cargo bikes to 3,000 over the next decade – as part of its wider plans to reduce carbon emissions across its network and become a net-zero company by 2035.

Evri has established a dedicated “final-mile electrification taskforce” which will spearhead innovative solutions, explore partnerships, and implement strategies to transform last-mile deliveries into a zero-emission operation.

Evri already has electric cargo bikes operating in London, Bristol, Oxford and Cambridge and the company currently delivers 1.5 million parcels a year, by bike or EV.

Martijn De Lange, CEO at Evri, said:

“Pedal power will rev up our efforts to reimagine parcel deliveries in the UK as we aim to become the biggest operator of e-cargo bikes in the sector. We achieved a 9% decrease in carbon emissions since last year.

“The £19 million investment announced today will lay the groundwork for Evri to dial up on its ambition to become the UK’s most sustainable parcel carrier.”

Pauline Potter, Director of Procurement and Sustainability at Evri, said:

“Evri is committed to making a positive impact on the environment and delivering a sustainable future. Our multi-year ESG plans represent a significant leap forward, and we are confident that these initiatives will propel us towards our net-zero goal.

“We are not just investing in technology, but also in our people, empowering them to be part of the solution. Together, we can build a more sustainable future for the parcel delivery industry, as well as the communities we serve.”

Image courtesy of Evri

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