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16th of October 2018

Economy



IKEA targets home delivery by electric vehicle in five major cities...

STOCKHOLM (Reuters) - IKEA Group, the owner of most IKEA stores worldwide, said on Friday all its home deliveries in the inner cities of Amsterdam, Los Angeles, New York, Paris and Shanghai would be made by electric vehicles or through other zero-emission means by 2020.

FILE PHOTO: The company's logo is seen outside of an IKEA Group store in Spreitenbach, Switzerland April 27, 2016. REUTERS/Arnd Wiegmann

The world’s biggest furniture retailer said in a statement that that would mean 25 percent of its home deliveries would be zero-emission by 2020.

The company has a target for all its last-mile deliveries to be by electric vehicles (EV) or other zero-emission means by 2025.

“For us it’s crucial to grow our business in a sustainable way - that’s why we’re speeding up the transition to EV in five inner city areas,” IKEA Group CEO Jesper Brodin said in the statement.

IKEA Group is the largest franchisee to brand owner Inter IKEA, with 366 stores in 30 markets.

Reporting by Anna Ringstrom; Editing by Jan Harvey

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