FedEx CEO Fred Smith – Highlights from his Keynote

  • “Operating light duty electric trucks costs 75% – 80% less than comparable gas models”
  • “There is a real chance for America to significantly reduce energy intensity, balance of payments, and transfer of wealth to foreign nations through the electrification of light duty trucks.”
  • “We spend $65-80 billion to protect oil trades every year.”
  • “There is light at the end of the tunnel, and that’s the first I’ve said in my business career about this.”
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