other material
confidence high
sentiment positive
materiality 0.60
FedEx orders 15 Workhorse W56 step vans for 2024 delivery
Workhorse Group Inc.
- FedEx (FDX) issued purchase order for 15 W56 step vans to be delivered in 2024.
- W56 achieved 31 MPGe in real-world testing vs. 7 MPG national average for delivery trucks.
- Order supports FedEx goal of carbon neutral operations by 2040.
- Estimated to avoid 607 metric tons of tailpipe emissions annually based on 31,875 miles per vehicle per year.
- This is FedEx's first order with Workhorse after successful demonstration.