SUSTAINABILITY
TAKING ON THE PLASTIC CHALLENGE
We have a plastic problem . Not enough is being recycled and experts say there will be more plastic than fish in the ocean by 2050 . Nexus Fuels hopes to help change this . As a molecular recycler , it turns discarded plastic back into virgin material ( plastic resin used to manufacture new plastic products ). This keeps plastic in the economy and out of our oceans and landfills .
Cox Automotive acquired Dickinson Fleet Services in January 2021 , bolstering the capabilities and geographic reach of Cox Automotive Mobility ’ s nationwide fleet services marketplace .
MOBILITY
BEST-IN-CLASS DELIVERY
With the acquisition of Fyusion , a Silicon Valley company that photographs and maps vehicles using 360-degree imaging and intelligent 3D technology , Cox Automotive will now be able to deliver a best-inclass condition report and lead the industry with enhanced vehicle inspections and future technologies .
ACCELERATING OUR SCALE AND GEOGRAPHIC REACH
Dickinson Fleet Services is a fleet maintenance and management company . Cox Automotive moved to acquire it to position us as the leading provider of this type of mobile service in the U . S . With customers including Amazon , and the expectation that fleet vehicles will drive 30 % more miles by 2030 , our service network ’ s ability to serve these companies puts us in a good position for the future .
ACCESS TO HEALTHIER FOODS
As the No . 1 brand of locally grown , packaged salads , BrightFarms uses 80 % less water , 90 % less land and 95 % less shipping fuel than field-grown produce . This allows its greenhouses and sustainably-raised leafy greens and other products to provide healthier food options that minimally impact the environment .
THE FUTURE OF AUTOMOTIVE IS ELECTRIC
It won ’ t be long before you spot a Rivian all-electric pickup truck on the streets where you live . With a range of 400 miles and towing capacity of 11,000 pounds , it ’ s no wonder companies like Amazon and Ford have joined Cox Automotive in investing in the new car maker . In addition to the investment , Cox Automotive also plans to work with Rivian to explore partnership opportunities in digital retailing , service operations and logistics .
CONTINUAL EXPANSION OF DIGITAL SERVICES
Our acquisition of FleetMaster , software designed to help companies track , analyze and improve their fleet operations , allows Cox Automotive to support fleet businesses ’ core processes and help them save time and money so they can continue moving .
In 2020 , Cox Enterprises assumed the majority ownership of BrightFarms , a leading next-generation indoor farming company supplying U . S . grocery retailers with packaged salad greens .
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