This new research, compiled by Inspiration Mobility in conjunction with Automotive Fleet, shows the potential for EV growth by state. The research accounts for regulations, incentives, temperature impacts on range, fuel cost savings, and charging infrastructure availability.
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When creating a cost analysis for EVs, many more variables — including non-vehicle-related expenses — must be considered. How do they stack up to ICE vehicles then?
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The findings show over 81% of respondents said finding new solutions to make their fleets more efficient is a priority.
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After a few months of moderation, fleet ownership costs are rising in the pickup and SUV segments.
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Vincentric’s analysis of ownership data found that 14 of 27 EVs had lower total cost of ownership over five years than their gasoline counterparts.
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Electric vehicles can save on fleet maintenance over ICE vehicles. But the electronic complexities of EVs need to be considered when formulating an EV fleet maintenance program.
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Compact and mid-size electric vehicles (EVs) are now fully cost competitive with petrol and diesel cars across most European countries according to LeasePlan’s newly released 2021 Car Cost Index.
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Learn how calculating total cost of ownership for electric vehicles is vital to the success of your business and determining if EVs are a cost-effective replacement.
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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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Included in this groundbreaking total cost of ownership study for fleets are battery-electric models including BMW i3, Chevrolet Bolt, Nissan Leaf, and Tesla 3, as well as plug-in hybrid electric models such as Chevrolet Volt and Hyundai Ioniq Plug-In Hybrid.
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