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Stock impact report

Vehicle Electrification Is Not Just About Reducing Emissions [Yahoo! Finance News]

Plug Power, Inc. (PLUG) 
Last plug power, inc. earnings: 3/5 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.plugpower.com/home/default.aspx
The transport industry is in the midst of tectonic change, brought on by a flurry of regulations targeted at reducing its carbon emissions. The push has been particularly pronounced across the last-mile delivery segment. Unlike other aspects of logistics operations, the last mile touches end consumers directly, increasing public glare and thus the relevance of switching to low-emission vehicles for deliveries. Electrification of powertrains has been widespread, with several large freight forwarders like UPS Inc FedEx FDX FreightWaves caught up with Keith Schmid, the COO of Plug Power "As we move forward, e-commerce will be a big part of the consumer buying experience. At Plug Power, we understand that these goods need to be delivered in a climate-friendly way, and we see the electrification of delivery vehicles as a key important step," Schmid said. Electrification helps because, in addition to reducing at-vehicle emissions to zero, the vehicle operates silently due to the absence of Show less Read more
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