147 PepsiCo aims to introduce 100 heavy-duty Tesla Semis in 2023 when it would begin utilising the electric trucks to make deliveries to clients including Walmart and Kroger. According to PepsiCo Vice President Mike O’Connell, the company is buying the large trucks it ordered in 2017 “outright” and updating its factories. This includes constructing four 750-kilowatt Tesla Inc. charging stalls at its California locations in Modesto and Sacramento. Part of the expenditures is covered by a $15.4 million state grant and a $40,000 federal subsidy per vehicle.“It’s a great starting point to electrify,” said O’Connell, who oversees the company’s fleet of vehicles. PepsiCo is the first company to experiment with the battery-powered Tesla Semis as a way of cutting its environmental impact. You Might Be Interested In Crypto Tycoon Sam Bankman-Fried Convicted of Fraud and Money Laundering in Landmark Trial South Korea fines Google $32 million for squeezing out rival Stocks Retreat as Tech Stocks Fall on Weakness in Oracle and Apple Is US–China decoupling heading in a dangerous direction? Crypto embrace faces challenges | The Standard Netflix acquires former military base to transform into $850 million film studio
