12/14/11

NISSAN AND FEDEX EXPRESS TEST NV200 BASED ELECTRIC VEHICLE ON LONDON STREETS

Nissan's battery-powered zero-emission version of award-winning NV200 to undergo FedEx Express trials


A prototype zero-emission all-electric delivery vehicle is ready to start extensive real-world testing on the streets of London. FedEx Express and Nissan are collaborating over a two month period to evaluate how the NV200 electric vehicle (EV) prototype copes with the rigours of daily duties in the capital.

The Nissan NV200 EV prototype uses the same EV powertrain and battery originally developed for the multi-award winning Nissan LEAF - the world's first 100 per cent electric mass-market family car: 2011 European Car of the Year, 2011 World Car of the Year, and Car of the Year Japan 2011-2012. To date Nissan already sold more than 20,000 Nissan LEAFs, making it the best-selling all-electric car across the globe.

Beth Galetti, vice president of Planning and Engineering, FedEx Express EMEA (Europe, Middle East, Indian Subcontinent & Africa) said, "FedEx is proud to collaborate with Nissan on this initiative. Our cross-sector approach to reduce dependence on petroleum, reduce carbon impact and eliminate tailpipe emissions remains unwavering. At FedEx, we seek to connect the world in responsible and resourceful ways and we will continue to work closely with Nissan to change what is possible."

"Zero-emission vehicles like Nissan LEAF are already playing an increasingly significant environmental role in our towns and cities. The Nissan NV200 EV prototype delivery vehicle will not only improve the quality of urban life, but thanks to best in class running costs has great potential to ease the economic burdens placed on companies," said Nissan Corporate Vice President Hideto Murakami, responsible for the Global LCV Business Unit, "FedEx Express feedback from the evaluation process will help us tailor a future battery-powered light commercial Nissan vehicle that meets customer needs."

"Collaboration is part of our global vehicle strategy," explained Dennis Beal, Vice President of Global Vehicles for FedEx Express. "Through collaboration we can exponentially improve and expedite what is possible. We value the opportunity Nissan has given us to provide experienced feedback and contribute to development of the best Nissan NV200 possible."

FedEx Express currently operates 43 all-electric vehicles in London, Paris, New York, Los Angeles, Chicago and Memphis- all of which are ideal dense urban centres. With zero emissions, no tailpipe, and energy-recycling regenerative braking, the Nissan NV200 EV prototype is particularly well-suited for congested city streets where poor air quality is causing increased concern and the start and stop of city traffic reduces the wasteful loss of energy and thus increases the efficiency of the vehicle's driveline. Battery charging options include a complete recharge overnight or up to 80 per cent capacity in just 30 minutes using a Quick Charger.

Nissan is aiming to become the global leader in zero emissions and sees the application of its advanced zero emission technology to the LCV and business-to-business markets as an important next step in the development of sustainable mobility for all.

Additional trials are anticipated for 2012 mirroring similar trials held in 2011, where the NV200 EV prototype was used by the Japan Post Service on delivery and collection duties in Japan.

To learn more about Nissan's Electric Vehicle, please visit:
http://www.nissan-zeroemission.com/
To find out more about FedEx commitment to environmental sustainability, please visit: http://about.van.fedex.com/corporate_responsibility/the_environment

Nissan in Europe
Nissan has one of the most comprehensive European presences of any overseas manufacturer, employing more than 12,500 staff across locally-based design, research and development, manufacturing, logistics and sales and marketing operations. Last year (2010) Nissan plants in the UK, Spain and Russia produced more than 528,000 vehicles including mini-MPVs, award-winning crossovers, SUVs and commercial vehicles. Nissan now offers 24 diverse and innovative products for sale in Europe today, and is positioned to become the number one Japanese brand in Europe.

About Nissan

Nissan Motor Co., Ltd., Japan's second largest Japanese automotive company by volume, is headquartered in Yokahama, Japan and is an integral pillar of the Renault-Nissan Alliance. Operating with more than 150,000 employees globally, Nissan provided customers with more than 4 million vehicles in 2010. With a strong commitment to developing exciting and innovative products for all, Nissan delivers a comprehensive range of fuel-efficient and low-emission vehicles under the Nissan and Infiniti brands.

About FedEx Sustainability
FedEx is committed to connecting the world responsibly and resourcefully. The Company sets long-term goals to reduce aircraft emissions intensity 20 percent by 2020, increase FedEx Express vehicle efficiency by 20 percent by 2020, and expand on-site renewable energy generation and procurement of renewable energy credits. FedEx works to achieve these ambitious goals through EarthSmart, a FedEx commitment to minimize our impact on the environment. EarthSmart is designed to encourage innovation that makes our business-the way we work and the services we offer-more sustainable, both economically and environmentally. FedEx has been placed in Boston College's Reputation Institute 2011 CSR Index Top 50 Ranking, the fourth consecutive year maintaining this recognition, and holds the U.S. EPA Green Power Partnership Printer's List #2 Ranking.

About FedEx Express
FedEx Express is the world's largest express transportation company, providing fast and reliable delivery to more than 220 countries and territories worldwide. FedEx Express uses a global air-and-ground network to speed delivery of time-sensitive shipments, by a definite time and date with a money-back guarantee

About FedEx
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $40 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its more than 290,000 team members to remain "absolutely, positively" focused on safety, the highest ethical and professional standards and the needs of their customers and communities. For more information, visit
news.fedex.com.

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