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The Markets
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The Markets
by Proactive
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Telecoms

BT gives EV industry a boost with 3,600 vans order

BT Group PLC (LSE:BT.A) has placed its biggest order yet for electric vehicles in a move that will double its EV van fleet to around 8,000

Four manufacturers will supply the 3,600 new vans – Ford, Stellantis (Vauxhall), Toyota and Renault - with delivery staggered over the next two years.

The telco has the second largest commercial fleet in the country with more than 27,000 vehicles and said this order for EVs is part of a larger one for 6,000 new vans.

BT, which owns the UK broadband network Openreach, has a target to become a net zero business by March 2031.

Simon Lowth, the company's chief financial officer, said: “By integrating yet more electric vehicles into our operations, we are taking another significant step towards reducing our carbon footprint and supporting the UK’s transition to a greener future.

“As we extend our full fibre build from 16 million homes and businesses today to 25 million by the end of 2026, having the most efficient, sustainable electric vehicles will give our engineers the edge as they connect customers at pace to our next generation networks.”

Shares rose 0.5% to 144.5p.

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