Fleet Vehicles: 5 Signs That You Should Upgrade to Electric
Electric vehicles (EVs) provide many benefits — higher fuel efficiency, reduced operating costs and lower emissions. However, purchasing new vehicles is a big investment. Is your fleet right for EVs? Here are five signs that it might be time to make the switch.
- You frequently get caught in traffic.If your vehicles encounter a lot of stop-and-go traffic and travel more than 15,000 miles a year, then your fleet is a good candidate for transition to EVs.
- Your fleet vehicles are well-traveled.Do you have a lot of high-mileage older vehicles in your fleet? Such vehicles often cost more to operate and require frequent repairs. Purchasing any new vehicle is expensive. Replacing vehicles as they age is a perfect way to slowly transition your fleet to EVs.
- Vehicle maintenance costs are high.Internal combustion engine (ICE) vehicles contain a lot of moving parts which require frequent maintenance. EVs have fewer moving parts, less fluids to change and reduced brake wear due to regenerative braking. Also, the battery, motor and electronics require little regular maintenance.
- You’re vulnerable to fluctuating fuel prices.Gasoline and diesel fuel prices tend to vary frequently. Higher prices can really impact your bottom line. EVs are more fuel-efficient than ICE vehicles, and they are generally less expensive per mile to operate. Also, electric rates stay consistent over time, which means no more worrying about variations in fuel prices.
- You’re looking to improve corporate sustainability.EVs emit none of the tailpipe gas — carbon dioxide, carbon monoxide, sulfur dioxide, and nitrogen oxides — associated with ICE vehicles. Therefore, EV fleets are not only better for the environment, but for the air quality of your community.
Charging your vehicles
As you transition your fleet, you need a way to keep vehicles charged. There are more than 50,000 public charging stations available in the United States, according to the U.S. Department of Energy, and that number is growing. So, it’s likely that there will be plenty of public charging stations available in your area.
Despite this, installing your own vehicle charging is the best way to control costs and ensure reliability. Most businesses install Level 2 charging stations, but the number of DC fast charging (formerly level 3) stations is growing. DC fast chargers work much more quickly, but they’re more expensive to install.
When planning for installation, consider electric capacity, mounting options and code requirements. Design lighting, shelter and signage to fit your needs. Work closely with your electric company to address any peak demand issues.
With the right electric vehicles and charging infrastructure in place, you can reduce fleet operating costs, improve your operations and help your community and the planet.