October 30, 2007
FedEx to Launch Commercial Hybrid-Electric Vans in Europe
  Vans Manufactured by Iveco Drive Global Hybrid Program Past Milestone. FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, today announced plans to introduce 10 hybrid-electric/diesel vehicles to its European fleet, bringing the worldwide total of hybrid vehicles in revenue service at FedEx to more than 100 in North America, Asia and, now, Europe.
The vans, manufactured by Iveco, will initially be trialed close to the manufacturer’s site in Turin, Italy, and will be the first hybrid-electric/diesel vehicles operated by FedEx in Europe. FedEx currently operates hybrid vehicles in the U.S., Canada and Japan.
The van and the hardware that enables the vehicle to operate on both electric and diesel systems will be unveiled at the European Road Transport Show in Amsterdam, Oct. 24 through Nov. 3, 2007.
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