Amazon (AMZN)

Amazon & Rivian Designed 3 Bespoke Last-Mile Delivery Vehicles

Amazon takes us behind the scenes in the design process for its next generation last-mile electric delivery vehicle. In the new video, Amazon Director of Last-Mile Fleets Ross Rachey highlights the massive opportunity and the obligation Amazon feels to improve the sustainability of its operations. “We’re trying to build the most sustainable transportation fleet in the world,” Rachey said.

Amazon, AT&T, IKEA, Clif Bar, DHL, & Others Launch “Corporate Electric Vehicle Alliance”

When we think about the need for the world to go electric, we generally think about the need for people — individual humans — to go electric. However, more than half of the vehicles on US roads are vehicles from corporate fleets, according to Ceres, a nonprofit investor coalition representing $11 trillion that is focused on sustainability matters.

Big Tech Has Entered The Oil Business

Big tech has entered the oil business. Well, not all of big tech, because we do have Tesla out there trying to decrease our dependence on fossil fuels. Companies like Microsoft, Amazon, and Google, however, are a bit different. They are talking the talk, but when it comes to the oil and gas industry, they are eager to work with companies to find easier ways to extract oil.

Who Will Benefit In The Robotaxi Revolution?

As self-driving cars move closer and closer to reality, one particular market stands to benefit — autonomous taxis (aka robotaxis). Tasha Keeny from Ark Invest recently evaluated the players who’d likely benefit from this massive market opportunity. Keeney writes, “Autonomous vehicles will transform personal mobility … reap[ing] the benefits of a new market which promises to ramp from essentially $0 now to $10 trillion in global gross annual revenues by 2030.”