This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

New York Charges Forward: Frito-Lay Increases Fleet Of All-Electric Delivery Trucks And Rolls Out Enhanced Charging Stations In The State

















PLANO, Texas, Sept. 12, 2013 /PRNewswire/ -- PepsiCo's Frito-Lay North America division, already a leader in the use of all-electric delivery trucks, is adding 20 electric vehicles to its fleet in upstate New York, along with 20 innovative and enhanced electric vehicle charging stations.

Representatives from Frito-Lay were joined today by New York State Senator Kathy Marchione and Janet Joseph, vice president for technology and strategic planning at the New York State Energy Research and Development Authority (NYSERDA), to announce the news at a celebratory event at the Frito-Lay Clifton Park Distribution Center.

Once the new all-electric trucks are deployed, New York will be home to 35 Frito-Lay all-electric trucks, the company's second largest deployment in any state.

Additionally, the new highly automated charging stations will help optimize the future of electric vehicles. Frito-Lay is the first commercial test subject for these charging stations, which will not only improve how the Frito-Lay fleet is utilized, but also relay important information to the state for a better understanding of electric fleets.

The new all-electric trucks will operate from distribution centers located throughout New York, including in Albany, Buffalo, Rochester and New Paltz. These distribution centers will also have the advanced charging stations.

"The introduction of these enhanced charging stations is a significant step forward for the Frito-Lay fleet as we continue on our sustainability journey," noted Mike O'Connell, senior director of fleet operations for Frito-Lay North America. "Not only will the stations benefit our operations in real-time, they also allow the state of New York to gain a better understanding of the vehicles, providing the critical information needed for the state to continue to invest in this alternative vehicle technology."

To support the introduction of charging stations, Frito-Lay received funding through Governor Andrew M. Cuomo's Charge NY initiative, which seeks to grow electric vehicle use in the state by helping to create a statewide charging station infrastructure.

Last month, Governor Cuomo launched the New York Truck Voucher Incentive Program (VIP), which offsets the increased cost of investing in electric and other alternative-fueled vehicles. The program is expected to increase fleet investment in electric trucks around the state. Companies like Frito-Lay recognize the value and are supportive of the VIP program.

Stock quotes in this article: PEP 

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs