PepsiCo CEO Ramon Laguarta mentioned on Monday that the corporate is anticipating its first supply of Tesla Semi vehicles within the fourth quarter.

Laguarta was talking from the twenty sixth United Nations Local weather Change Convention, or COP26. Throughout an interview on “Squawk on the Road,” CNBC’s Jim Cramer requested about PepsiCo’s plans to cut back carbon dioxide emissions.

“You’ve got your personal truck community, your personal supply system. What are you going to do to have the ability to lower the emissions from that? As a result of it is an ideal asset but it surely additionally generates diesel fumes. Would you be shopping for a Rivian product, would you be shopping for someone’s vehicles that use hydrogen? What’s your plan?”

“Transportation is about 10% of our total gasoline emissions so it is essential and we’re engaged on totally different options,” responded Laguarta. “We substitute our fleet usually, each ten years kind of…and we’re already beginning to purchase electrical vehicles truly from Tesla. I imply I do not wish to promote anyone however that is the model we’re utilizing up to now and we’re getting our first deliveries this This autumn.” He didn’t say what number of vehicles the corporate is anticipating to obtain.

The feedback come virtually four years after PepsiCo first announced it might buy 100 Tesla Semi vehicles. It was the biggest recognized pre-order of the car on the time.

The vehicles had been scheduled to start manufacturing in 2019, however that manufacturing date was delayed. Tesla CEO Elon Musk mentioned during Tesla’s Q4 2020 earnings call in January 2021 that manufacturing of the Semi is on maintain till Tesla could make a excessive quantity of its 4680 battery cells. On the corporate’s Q2 earnings call in July, Tesla mentioned it was pushing the Semi program to 2022 attributable to provide chain challenges and the restricted availability of battery cells.

Based on web page 7 of Tesla’s most recent earnings update, the Semi continues to be “in improvement,” the corporate shouldn’t be itemizing any put in annual manufacturing capability for it, and its manufacturing location continues to be “TBD.” By means of distinction, the corporate lists capability of multiple million automobiles per yr for the Fashions 3, S, X and Y mixed, with extra capability for the Mannequin Y beneath building in Berlin and Austin, Texas.

CNBC’s Lora Kolodny contributed to this report.