AT&T will be investing in cleaner domestic vehicles as it is set to spend up to $565 million as part of a long-term strategy to deploy more than 15,000 alternative-fuel vehicles over the next 10 years. AT&T expects to spend an estimated $350 million to purchase about 8,000 Compressed Natural Gas (CNG) vehicles and approximately $215 million to begin replacing its passenger cars with alternative-fuel models.
AT&T’s investment represents the largest U.S. corporate commitment to CNG vehicles to date. The new deployments will bring AT&T’s alternative-fuel fleet to more than 15,000 vehicles by 2019.
Over the next five years, AT&T will replace about 8,000 gasoline-powered service vehicles with vehicles powered by domestically available CNG. CNG vehicles are expected to emit approximately 25 percent less greenhouse gas emissions than those traditionally powered by gasoline.
(Source) Press
Tags: alternative fuel vehicles, cng vehicles, Compressed Natural Gas, corporate commitment, deployments, domestic vehicles, fuel models, gasoline, greenhouse gas emissions, passenger cars, service vehicles, term strategy