Fastenal Company (Nasdaq: FAST) has selected ZEVX™, a worldwide leader in intelligent electric vehicle (EV) systems, for an operational trial to convert pickup trucks in its fleet to EVs.
"We are committed to helping Fastenal incorporate EV technology in its last-mile delivery fleet," said Sydney Dunn, SVP of Sales & Field Operations at ZEVX. "We share the bold goals of lowering carbon emissions while improving efficiencies, decreasing costs, and extending the life of existing commercial vehicles."
ZEVX is a rapid innovator in battery electric power systems and data intelligence for e-mobility applications. The company has a series of premier battery electric powertrain and power system products that quickly migrate Class 2 to 5 commercial fleet assets and auxiliary power systems to zero carbon.
"With so many vehicles in operation around the world, we want to be a driver of innovation and efficiency in commercial transportation," said Kevin Larson, Fastenal's VP of Transportation. "We're constantly looking at new solutions like the ZEVX technology to help move the industry forward and potentially accelerate our own carbon reduction journey."
With a proof-of-concept stage complete, today's news represents a six-state trial utilizing the ZEVX premier battery electric powertrain and power system products to repower up to 16 Fastenal vehicles in 2023.
About Fastenal
Fastenal provides a broad offering of industrial supplies, including fastener, safety, and metal cutting products, to manufacturing, construction, and state and local government customers through more than 3,300 in-market locations (branches and customer-specific Onsite locations) spanning 25 countries. With continual investment in tailored local inventory, dedicated local experts, and flexible FMI® (Fastenal Managed Inventory) and digital solutions, Fastenal helps its business partners achieve product and process savings across the supply chain – a "high-touch, high-tech" approach encapsulated by its tagline, Where Industry Meets Innovation™. Fastenal's local service teams are supported by 16 regional distribution centers, a captive logistics fleet, multiple teams of industry specialists and support personnel, and robust sourcing, quality, and manufacturing resources, enabling it to grow by getting closer to customers and providing innovative and comprehensive solutions to customer supply chain challenges.
For more information please visit, www.fastenal.com.
