Electrical Retailer Aims for 90% CNG Vehicles by 2030
- AO invests £2m in delivery fleet to reduce carbon emissions
- Switch from diesel to compressed natural gas (CNG) vehicles by 2030
- 10 new CNG tractor units added to the fleet
- Purchase of 20 longer moving double deck semi-trailers (LSTs) from Cheshire business Tiger Trailers
- Increased capacity for appliance transportation and cost savings
AO, an electrical retailer, has invested over £2 million into its delivery fleet to transition from diesel vehicles to compressed natural gas (CNG) ones. The company aims to have 90% of its vehicles running on CNG by 2030. AO initially bought 10 CNG tractor units in 2022 and has now added another 10 to the fleet. This switch reduces CO2 emissions by up to 85% compared to diesel vehicles, according to the retailer. Additionally, they purchased 20 longer moving double deck semi-trailers (LSTs) from Cheshire business Tiger Trailers, which increase capacity by allowing double stacking on both decks and loading four products wide. AO’s logistics director David Ashwell said, ‘We are proud to move towards a more sustainable future with 90% CNG fleet by 2030, reducing the carbon footprint and improving customer service.’
Factuality Level: 8
Factuality Justification: The article provides accurate and relevant information about AO’s investment in its delivery fleet to reduce carbon emissions by transitioning from diesel to CNG vehicles and the benefits of using longer semi-trailers. It also includes a quote from the company’s logistics director supporting the decision.
Noise Level: 2
Noise Justification: The article provides relevant information about AO’s investment in a more sustainable future by transitioning its delivery fleet to compressed natural gas vehicles and increasing capacity with new trailers. It also includes a quote from the logistics director. However, it lacks deeper analysis or exploration of long-term trends or consequences.
Financial Relevance: Yes
Financial Markets Impacted: AO’s investment in its delivery fleet may impact the company’s operational costs and potentially affect its financial performance.
Financial Rating Justification: The article discusses AO’s investment in a more sustainable and cost-effective delivery fleet, which could have an impact on the company’s expenses and efficiency. This decision may influence their overall financial performance and competitiveness in the market.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of an extreme event in the text.