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Monday, 11/23/2020 1:45:03 PM

Monday, November 23, 2020 1:45:03 PM

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BoxVn Leading Light Commercial Vehicle Industry in Eco Strategy and Innovation
Press Release | 11/23/2020
- BoxVn begins full electric fleet trials

- BoxVn proud members of key Low Carbon Vehicle Partnership

- BoxVn outlines Sustainability strategy called “BoxVn Eco”

- BoxVn welcomes Government’s Ten Point ‘Green Revolution’ plan

LONDON, Nov. 23, 2020 (GLOBE NEWSWIRE) -- BoxVn Limited (OTCPINK:VCEX), an emerging leader in the fast-growing Driver and Light Commercial Vehicle (LCV) supply segment of the logistics industry, is pleased to release its outlined plans to become a nationwide leader in sustainable light commercial vehicle supply segment.

BoxVn welcomes the Government’s recent announcement of an end in 2030 to the sale of new cars and vans with conventional combustion engines. In line with this initiative, the Company has announced 12 targets within its new sustainability strategy including reducing carbon emissions by 30% in 2021 and the creation of the BoxVn Eco Fund.

As an emerging leader in the LCV segment, BoxVn recognizes its responsibility to transition to low-carbon vehicles. Thus, BoxVn plans to soon launch its BoxVn Sustainability Strategy with immediate effect in a bid to become the UKs most responsible light commercial vehicle supply company and to further influence the ongoing debate around emissions. The Company’s first all-electric Mercedes Sprinter arrived in November 2020 as a critical initial step to expand our eco-friendly van options as outlined in the strategy announcement.

James Gilzean, BoxVn CEO said “We are working hard to ensure we are able to provide the latest electric vehicle options to help support carbon reduction however we do not underestimate the scale of the challenge ahead.”

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