DHL’s Singapore Unit to Invest $5.8 Million Electrifying Fleet

Delivery company DHL Express’s Singapore unit will invest S$8 million ($5.8 million) electrifying its fleet over the next five years to meet the city-state’s net zero emission goals.

The courier company will add 80 electric vehicles to its fleet by October, Managing Director Christopher Ong said in a statement Tuesday. Singapore is planning to phase out fossil fuel-powered vehicles by 2040, with only hybrids and zero emission vehicles to be sold from 2030 onward.