Newlab has partnered with Mercado Libre, one of the largest companies in Latin America and a global leader in ecommerce and logistics, to address one of the key challenges faced by logistics companies today: accelerating the decarbonization of their operations. Through the partnership with Newlab, a center of invention with offices in New York, Detroit, and Montevideo, Mercado Libre is actively working to mitigate environmental impact by introducing innovative solutions to its fleet across Latin America.
Over the next few months, Newlab and Mercado Libre will work together to identify promising low carbon mobility technologies from startups across the globe and develop on-the-ground pilots to validate them. Successful pilots could lead to product integration into Mercado Libre’s logistic network, helping to execute the company’s ambitious environmental strategy.
"The rapid growth of Mercado Libre in Latin America challenges us to become more efficient in managing and reducing our environmental impact, particularly in the critical area of sustainable mobility. The project with Newlab will enable us to accelerate progress, focusing on the vehicles used for last-mile delivery in areas with high traffic and population density," stated Guadalupe Marín, Director of Sustainability at Mercado Libre.
Mercado Libre currently operates the largest e-commerce logistics fleet in Latin America. However, the company has set its sights on a significant expansion, with plans to reach 10,000 low carbon vehicles in the near future.
To achieve this goal, Newlab and Mercado Libre have announced an open call for global startups to participate in the Low Carbon Logistics Studio, focused on reducing the carbon footprint of their last mile delivery in Latin America in the following areas:
Selected startups will pilot their technology with Mercado Libre and Newlab, leveraging Mercado Libre’s operations across Latin America, Newlab’s LATAM HQ in Uruguay, and the recently-opened mobility innovation hub in Newlab Detroit. Mercado Libre has also expressed interest in considering strategic partnerships and investments in the most promising startups from the studio as part of their continued effort to build an innovative, long-term low carbon strategy.
Newlab's expansion into Montevideo in 2021 reflects Uruguay's aspirations to become a global center for innovation. Serving as Newlab's first subsidiary outside the United States, this strategic move positions Uruguay as an epicenter of innovation for all of Latin America.
To be considered for the Low Carbon Logistics Studio, startups should submit their applications by September 4th. The application process involves a thorough review by a panel of industry experts. Selected startups will be invited to work directly with Newlab and Mercado Libre for a dedicated pilot period of collaboration, innovation, and growth.
To apply and learn more about the Low Carbon Logistics Studio, please visit our website before the September 4th deadline.