Telecommunications firm AT&T has said it will spend US$565m over ten years to replace or buy about 15,000 vehicles in its corporate fleet, aiming to renew with vehicles that run on alternative fuels.

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The company said the investment would be the biggest of its kind by a US company and Ford will be a big beneficiary.


AT&T Chief Executive Randall Stephenson told the Economic Club of Washington that the company will buy about 8,000 Ford-supplied vans or technician trucks that run on compressed natural gas over five years.


“Natural gas is cheaper, cleaner and we have plenty of it here domestically,” Stephenson said.


AT&T also plans to replace 7,100 other vehicles with hybrids and other advanced technology power systems over 10 years.

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The hybrids will include a combination of gas-electric and plug-ins, and the trial includes mostly those made by Ford, with some from Toyota Motor Corp, according to Tim Harden, president of supply chain at the company.


 

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