AT&T to Invest up to $565 Million for Alternative Fuel Vehicles

AT&T has announced plans to invest up to $565 million to green their vehicle fleet. The company will be spending approximately $350 million for 8,000 Compressed Natural Gas (CNG) vehicles. The remaining money will allow AT&T to replace company-owned passenger vehicles with ones that run on alternative fuel.

In describing AT&T’s CNG plans, the PR Newswire press release states:

“The vehicle chassis will be built domestically by a U.S. automotive manufacturer. AT&T will then work with domestic suppliers to convert the chassis to run on CNG. AT&T will also work with natural gas service providers to build up to 40 new CNG fueling stations across its operating region to provide the fueling infrastructure needed for the new vehicles. This investment will have a positive impact on job creation and preservation. CAR estimates that nearly 1,000 jobs will be created or saved each year for five years.”

Once the project is complete, this should push AT&T well into the top 10 alternative fuel fleets as determined by Automotive Fleet Magazine.

Photo by mrbill

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