UK parcel delivery company Evri is set to invest £19 million into rolling out a new fleet of electric cargo bikes.

The investment will supposedly allow Evri to grow its fleet of electric e-cargo bikes from 33 to 99 over the next year.

Each bike will have a storage capacity of roughly 2,000 litres, meaning they will be able to deliver around 110 parcels each in one go. Evri claims a single parcel delivery by e-cargo bike could produce a carbon saving of up to 250g.

The parcel delivery firm eventually plans to grow its fleet of electric bikes to 3,000 as part of its wider sustainability goals, including plans to hit net zero by 2035.

The company has already deployed e-bikes and EV vehicles in cities such as London, Bristol, Oxford, and Cambridge, but these only represent around 1.5 million parcels delivered out of the 720 million total deliveries it makes each year.


In addition, the company says it will set up an electrification taskforce, that will work on gradually reducing the delivery firms' reliance on fossil fuels.

Evri isn’t the only large delivery firm that is looking to invest in electric bikes for deliveries, in November 2022, Amazon announced the expansion of its UK e-cargo bike fleet with the launch of three additional delivery hubs in Manchester and London.

The move came as a part of a wider £300m scheme to decarbonise its delivery network.

Martijn De Lange, chief executive at Evri, says: “Pedal power will rev up our efforts to reimagine parcel deliveries in the UK as we aim to become the biggest operator of e-cargo bikes in the sector.”

“We achieved a 9 per cent decrease in carbon emissions since last year. The £19m investment announced today will lay the groundwork for Evri to dial up on its ambition to become the UK’s most sustainable parcel carrier.”

---