Q. When should I consider electric vehicles for my fleet?
Fleets should start investigating electric vehicles as soon as possible since transitioning to EVs won’t happen overnight...
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A. There have been significant improvements with electric vehicles over the last couple of years, however not all fleet vehicles are currently suitable for electrification.
If you are looking to add EVs to your fleet you need to consider a number of factors, such as daily driving distances, carrying capacity and dwell times. This will determine if the available models have sufficient range to complete a vehicle’s duty cycle and if the financial savings from the lower operating costs outweighs the higher acquisition cost.
Some fleet types are more suited than others – for example last-mile delivery. With high utilization and well established routes, many leaders within this sector have fully embraced EVs.
The best way to determine if an EV is right for your application is by reviewing your data. If you are unsure where to begin feel free to reach out to us.
Vice President, Sustainability Solutions at Geotab
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Fleets should start investigating electric vehicles as soon as possible since transitioning to EVs won’t happen overnight...
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Determining the total cost of ownership (TCO) of any vehicle in your fleet is critical for understanding its financial impact. So what does this entail for electric vehicles?
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