LONDON, Oct 10 (Reuters) - Amazon.com Inc said on Monday it will invest more than 1 billion euros ($974.8 million) over the next five years in electric vans, trucks and low-emission package hubs across Europe, accelerating its drive to achieve net-zero carbon.

The retailer said the investment was also aimed at spurring innovation across the transportation industry and encouraging more public charging infrastructure for electric vehicles (EVs).

The U.S. online retailer said the investment would help its electric van fleet in Europe more than triple from 3,000 vehicles to more than 10,000 by 2025.

The company did not say what percentage of its European last-mile delivery fleet is electric today, but said those 3,000 zero-emission vans delivered over 100 million packages in 2021.

Amazon said it also hopes to purchase more than 1,500 electric heavy goods vehicles - used for "middle-mile" shipments to package hubs - in the coming years.

Although a number of large logistics firms - including package delivery companies United Parcel Service Inc and FedEx Corp - have committed to buying large numbers of zero-emission electric vans and trucks, there are still not many available for purchase.

A number of startups are racing to bring electric vans or trucks to market and are facing increasing competition from legacy manufacturers like General Motors Co and Ford Motor Co.

Amazon's largest electric van order is for 100,000 vehicles from Rivian Automotive Inc through 2025.

The company said that alongside EVs, it will invest in thousands of chargers at facilities across Europe.

The retailer said it will also invest in doubling its European network of "micro-mobility" hubs from more than 20 cities today.

Amazon has used those centrally located hubs to run new delivery methods including electric cargo bikes or on-foot deliveries to cut emissions.

The company plans to achieve net-zero carbon by 2040. ($1 = 1.0259 euros) (Reporting by Nick Carey in London Editing by Matthew Lewis)

Amazon.com Inc said on Monday it will invest more than 1 billion euros ($974.8 million) over the next five years in electric vans, trucks and low-emission package hubs across Europe, accelerating its drive to achieve net-zero carbon. The retailer said the investment was also aimed at spurring innovation across the transportation industry and encouraging more public charging infrastructure for electric vehicles (EVs). The U.S. online retailer said the investment would help its electric van fleet in Europe more than triple from 3,000 vehicles to more than 10,000 by 2025.

Big retailers, Walmart , Target and Amazon , have all taken measures to have inventory and staffing in line with the anticipation of the biggest sales of the year. As Amazon has planned a second Prime Day in Oct. 11-12, Target already countered with another round of its Target Deal Days Oct. 6-8. Amazon's Top Toys of 2022 list came out before Prime Days just in time for parents to take advantage of the easy-to-use list and discounts.

Apple’s crash detection for the iPhone 14 and new Apple Watch models can alert 911 and emergency contacts in the event of a collision. But it sometimes triggers when people aren’t in danger.

Amazon leads the retail e-commerce segment in the U.S., with an estimated 37.8% share of the market as of June. Amazon's valuable brand name allows it to attract customers who often stay for the perks. The company offers free one-day or two-day shipping on thousands of items that are typically cheaper than what customers can find on other platforms.

(Bloomberg) -- Chinese traders returning from the Golden Week holiday are set to face a raft of conflicting signals, mitigating the market’s chances of playing catch-up to the small advance seen in global stocks.Most Read from BloombergUkraine Latest: Putin Calls Security Meeting, Comments on BridgeEight Years of Combat Hardened Ukraine’s Army Into a Fighting ForceRussia Races to Reopen Crimea Bridge Damaged in Fiery BlastRussia Blitzes Ukraine After Putin Blames Kyiv for Bridge BlastHaving star

A Boeing 737 MAX flight by MIAT Mongolian Airlines landed in Guangzhou on Monday morning, flight tracking websites showed, marking what appeared to be the first commercial flight by the model to China since the country grounded the plane in March 2019. Chinese airlines have not returned the 737 MAX to commercial service and Boeing last month said it would begin to remarket some of the planes meant for Chinese customers.

(Reuters) -Tesla Inc delivered 83,135 China-made electric vehicles (EVs) in September, smashing its monthly record, according to a report released on Sunday by the China Passenger Car Association (CPCA). The number marks an 8% increase from August and set a record for Tesla’s Shanghai factory since production began in December 2019, topping the prior deliveries high of 78,906 in June, as the U.S. car maker continues to invest in production in China. "The record high sales of China-made Tesla cars showed electric vehicles have been leading the mobility trend," Tesla said in a brief statement.

To become a viable electric vehicle stock, Ford will have to prove one thing, and early signs are positive.

Auto buyers’ appetite for battery-powered vehicles is helping elevate demand for their evolutionary predecessor, the gas-electric vehicle.

In cities, giving primacy to cars has worked to the detriment of lower-income pedestrians and favored suburbanites over local residents.

Auto maker says an improperly installed fastener could cause excess wheel tilt and a potential loss of steering control.

IRYNA BALACHUK - SUNDAY, 9 OCTOBER 2022, 16:18 The Russian media Meduza called the Crimean Bridge, damaged by the explosion on 8 October, one of the most protected places in the world - it is allegedly guarded from the ground, from the sky, from the sea, and even from underwater and space.

While many investors are crowding into EV manufacturers at lofty valuations, few are looking at this key supplier.

Renault plans to build a network of charging stations for electric cars along motorways across Europe, the French carmaker's e-mobility services unit said on Monday. The first charging station will open in a few months in southern France, with 200 more planned to follow by mid-2024 in France, Belgium, Italy and Spain, Mobilize said, adding it was in advanced talks with potential partners to finance the network.

Rivian is now building its R1Ts, and despite the hiccups they have done the impossible by creating an extremely impressive vehicle from the ground up. But it needs to build them faster, cheaper, and more profitably to sustain itself. Here’s why car and truck fans should root for Rivian to do just that.

Air France and Airbus face the start of a nine-week manslaughter trial on Monday, 13 years after an A330 jet plunged into the Atlantic killing all 228 people on board. Flight 447 vanished in pitch darkness during an equatorial storm en route from Rio de Janeiro to Paris on June 1, 2009. But France's BEA accident agency also revealed earlier discussions between Air France and Airbus about the reliability of the probes, and said the airline had begun swapping to an improved version just six days before its worst ever disaster.

Federal authorities have issued a warning about a part of the tail in the type of seaplane that crashed in Washington state’s Puget Sound last month, killing 10 people.

The switch to electric vehicles won’t be linear. It will speed up day by day, a new report says, making up more than half of new car sales by 2030.

STORY: Tourist Natalia was among the thousands of cars lined up on the road leading to the ferry crossing.She told Reuters there was no panic and people were waiting for good weather to be transported across the Kerch Strait.A water station was set up by the roadside for motorists waiting to leave.It was not yet clear if the blast was a deliberate attack, but the damage to such high-profile infrastructure came at a time when Russia has suffered several battlefield defeats and could further cloud the Kremlin's messages of reassurance to its public that the conflict is going to plan.

All 40 million vehicles registered in the state can now purchase a digital plate from Reviver, which charges $19.95 per month for a subscription.