Q. Which fleet vehicles make most financial sense to replace with an EV?
If you are looking to add EVs to your fleet you need to consider a number of factors...
A. For every metric you would use to measure the performance of the internal combustion engine (ICE) vehicles in your fleet there will be an equivalent one for EVs.
One of the key metrics to compare is fuel vs. energy efficiency. To determine fuel efficiency, you would traditionally compare driving distance to the amount of fuel used to create a miles per gallon (MPG) metric. For EVs, you would compare driving distance to the amount of electricity used. This can be measured in watt-hours per mile (Wh/mile). To simplify the comparison, your telematics platform can convert into MPGe or miles per gallon equivalent.
The simplest way to compare the EVs to the ICE vehicles in your fleet is to manage them both in a single platform. This way you know that the data is based on the same definitions, and you can run a consolidated report for all the vehicles in your fleet. This allows you to directly measure their fuel consumption and operating costs.
To make sure you have the ability to get all the data you need check out our Telematics RFP checklist.
Vice President, Sustainability Solutions at Geotab
If you are looking to add EVs to your fleet you need to consider a number of factors...
Fleets should start investigating electric vehicles as soon as possible since transitioning to EVs won’t happen overnight...
EVs present a number of opportunities to improve your fleet. In the right applications, they have a substantially lower total cost of ownership (TCO) than gas and diesel vehicles...
Electric vehicles have improved a lot over the last few years, specifically when it comes to their range capabilities...
Adding EVs to your fleet requires planning and how long it takes will differ depending on each fleet’s unique situation...
The decision between battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) comes down to...
There are some slight differences when operating EVs that drivers should be aware of...
Allowing employees to take a company EV home has many benefits, for both the individual and company...
Planning out charging infrastructure can be one of the more daunting tasks in your EV adoption strategy, but it doesn’t need to be...
Temperature is one of the more noticeable conditions and it is the one most likely to vary throughout the year...
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?
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In