February 11 (Renewables Now) - French energy management and automation expert Schneider Electric SE (EPA:SU) plans to replace all the cars in its fleet with electric vehicles (EV) by 2030, as part of the company's climate strategy.
The commitment, part of the The Climate Group's EV100 initiative, means that the company will replace 14,000 company cars in over 50 countries with EVs. Schneider Electric also plans to install EV charging stations at major office and factory locations by the end of the decade.
The plan is part of the company's commitment to be carbon neutral by 2025 and have net-zero emissions by 2030. The replacement of its fleet with EV will help reduce direct carbon dioxide (CO2) emissions from company cars to zero by 2030.