AT&T to Spend $565 Million on Compressed Natural Gas Vehicles / Hybrids Next 10 Years
AT&T just announced that it will spend over half a billion dollars over the next 10 years in an attempt to reduce fuel usage and ostensibly, stimulate the economy. CEO Randall Stephenson stated that companies like AT&T have an “obligation to make investments that will drive the nation’s economic growth and productivity.”
To meet this obligation, AT&T will expand its alternative-fuel vehicle fleet from 100 to 8,000 vehicles by 2020. These vehicles will be U.S.-made compressed natural gas vehicles, amounting to $350 million worth of the total $565 million. Another 7,100 vehicles in AT&T’s passenger fleet will swapped out for electric-hybrids.
