
Fleet Advantage’s new electric vehicle lifecycle cost analysis tool aims to help further identify and optimize the total cost of ownership for fleets to determine the efficacy of utilizing electric vehicles.
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A lifecycle analysis by Vincentric found that total cost of ownership (TCO) for electric vehicles underperforms plug-in hybrid electric and traditional hybrid model counterparts. Running EVs more miles per year has a substantive positive impact on TCO.
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One service fleet manager has found several ways to cut costs through the use of data analysis, creative solutions, and use of tried-and-true methods.
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With reasonable duty cycles, electric vehicles can work for fleet — and they return favorable overall ownership costs.
Read More →By comparing the TCO of diesel, E-85, CNG, hybrid, and electric vehicle options with similar gasoline-fueled vehicles, fleet managers can determine the total cost of integrating alt-fuel vehicles into the fleet.
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