The Lion Electric Company, based out of Saint-Jérôme, will supply Amazon with 10 battery-electric vehicles this fall as the e-commerce giant focuses on sustainable transportation in working toward a net-zero carbon target by 2040. (The Logic)
Talking point: Lion Electric makes a number of all-electric trucks and buses for schools and transit systems. Last month, the company announced its largest-ever order, in a deal with CN Rail for 50 trucks. Last year, Amazon ordered 100,000 electric delivery vehicles from U.S. maker Rivian, which it plans to start using for deliveries by next year. Amazon also announced an investment in Halifax-based CarbonCure, which develops carbon dioxide-removal solutions for the concrete industry, and four other companies as the inaugural group of recipients from its US$2-billion Climate Pledge Fund. CarbonCure “does not disclose details surrounding investments, including amount and terms,” a spokesperson wrote in an email to The Logic. It plans to use the money, which it notes also came from other funders, to quicken its product roadmap and geographical expansion. Meanwhile, Amazon wants to open 1,000 small delivery hubs across forecasted America, sources told Bloomberg, in an effort to quicken online shipping times and better compete with Walmart and Target. Both those companies rely on their store networks to offer same-day shipping.
