Fleet Electrification

Ready for the fiscal and sustainable benefits of electric vehicles? Let’s make it happen.

The advantages of electric vehicles (EVs) for fleets are real, as proven by Amazon, Anheuser-Busch, Columbus Yellow Cab, and thousands of other companies and municipalities across the nation. The question is how can EVs be a viable and beneficial option for your fleet? And when should you start the transition and how aggressively? Several factors unique to your organization should be considered before arriving at the best answers.

Our fleet electrification experts are here to help you evaluate the ins and outs of your fleet operations to determine how, when and what type of EVs and charging infrastructure will achieve your organization’s objectives and maximize your ROI.

Why go electric? What’s in it for your organization?

Lower operational costs.

When EV charging is scheduled for off-peak rate times, the cost is a lot less then fueling up.

Reduced maintenance costs.

Since EVs don’t have engines to maintain, you can save thousands of dollars over an EV’s lifetime.

Zero tailpipe emissions.

EVs produce no direct, harmful, greenhouse gas emissions like fuel-powered vehicles do.

Elevated brand perception.

A recent study found nearly 70% of North Americans prefer “sustainable or eco-friendly” brands.

Sustainability compliance.

EVs comply with emission-reduction legislation and further your organization’s sustainability efforts.

How we help you electrify your fleet—and your bottom line.

Since 2010, Mike Albert has avidly supported the use of EVs in fleets. Today we are one of the nation’s top leaders in fleet electrification and management. For the past decade, our EV team has developed strong relationships with EV manufacturers and acquired extensive EV product knowledge through nonstop research and hands-on experience. We put all this expertise to work for your organization by helping you design a holistic plan for integrating the right EVs and charging solutions into your fleet operations.

A well-planned, step-by-step strategy is the best route to electrification success.

Effectively electrifying your fleet involves a lot more than EV acquisitions alone. To help you achieve optimal results, we work closely with you through an essential fleet electrification process.

1. Identifying your needs. First, we assess your fleet to determine if EVs can meet your objectives better than ICE vehicles. We do this by analyzing the life cycle and daily duty cycles of the vehicles you have now. Are they used in urban areas most of the time or on highways? How many miles a day are they driven? Do they haul heavy loads? What is your organization's appetite for risk?

With answers to questions like these, we:

  • Determine which EV models that are available—or soon to be available—match the specs of your current ICE vehicles the best.
  • Estimate how much you would save on fuel and maintenance costs by switching to EVs.
  • Conduct a CO2-reduction evaluation to see if EVs would help achieve your sustainability goals.

We also help you determine if a mix of different vehicle types—such as EVs, hybrids, and ICE vehicles with advanced fuel efficiency—would work better for your specific fleet requirements.

2. Matching you with your ideal charging solution. Charging costs can be far less than fueling costs, but only if you avoid peak-time charging rates and set up the right charging system for your unique needs. That's why we partner with the best charging equipment suppliers in the business and offer you options:

  • Home charging. Equipment is installed at your drivers' homes where fleet vehicles are charged off-duty and drivers are reimbursed for the cost.
  • Depot charging. Your fleet vehicles are parked at a central location overnight and charged via an electric vehicle supply equipment (EVSE) charging infrastructure. We give you the option to invest in this infrastructure upfront or pay for the cost of electricity, equipment, and installation over time by way of a service level agreement.
  • Public charging. You utilize charging stations available to the public and pay as you go. Public charging should be a part of your fleet electrification strategy as a secondary source to depot or home charging.

3. Tapping into funding opportunities. Several tax credits, incentives and grants are available for EVs at federal, state and local levels. We know how to locate and monetize these benefits for you to help minimize your EV acquisition costs. Additionally, since we are a privately-owned, fleet vehicle lessor, we're able to offer you very flexible financing terms for your EVs.

4. Executing your charging infrastructure. There are a number of hurdles to clear when setting up the installation and use of your charging infrastructure. Our EV team, along with our charging equipment partners, are here to help by:

  • Acquiring all necessary permits.
  • Analyzing the electrical grid and capabilities of your brick and mortar location where your EVSE infrastructure will be installed.
  • Researching applicable government regulations and incentives.
  • Utilizing software to mitigate dynamic and surge electricity costs.
  • Negotiating with your utility company to set a fair, fixed rate that will protect you from surge pricing at peak charging times.
  • Working with the property manager of your vehicle depot if you don’t own it.
  • Acquiring your EVSE.
  • Setting up professional installation of your EVSE.

5. Tracking your electrification results. Perfect fleet electrification doesn't happen overnight, especially if you're incorporating EVs into your fleet for the first time. We can help you collect and analyze data from your EVs and charging infrastructure to see if any adjustments need to be made along the way.

When you hit your fleet electrification sweet spot, our data reports will show it and serve as proof to your organization's leadership that electrification is a true value. Our reporting can include:

  • Total cost of ownership compared to ICE vehicles, including maintenance and fuel savings and charging infrastructure costs.
  • CO2 reduction measurements.
  • Reductions in repair and maintenance events.

Frequently asked questions about EVs for fleets.


1. Are the upfront costs of EVs are expensive?

Due to falling battery costs and other advancements, several EV models are closing the price gap with comparable ICE models. In fact, many traditional auto manufacturers are bringing dozens of EVs to market by 2025 with near cost parity to ICE vehicles (when incentive savings are leveraged.) As a privately-owned lessor, we can help you secure and monetize any incentives, grants and tax credits available for EVs in your area.


2. Can EVs deliver a positive ROI for my fleet?

Several EVs coming to market—including light-duty work trucks and vans—are in the same price range as many new ICE vehicle equivalents when you factor in the EV incentives. Additionally, the TCO of EVs is significantly less than that of ICE vehicles due to a 40-60% average maintenance expense reduction and the lower average cost of charging compared to fueling.


3. Is the battery charge range isn’t extensive enough?

Over the years, the technological evolution of EV batteries has made them significantly more powerful and capable of single charge ranges in hundreds of miles. However, for fleets, several factors impact an EV’s battery range, including daily routes, miles driven per shift or day, and payloads. It’s critical to evaluate these factors to determine if EVs are right for your fleet, and if so, which models. It’s also essential to plan for public and private charging when your EVs are not in use—overnight, during breaks, or when drivers are working on-site to help extend battery range.


4. Can electric trucks can’t handle the heavy loads required for our jobs?

Yes, they can. Most electric trucks have the same gross vehicle weight rating as ICE vehicle equivalents. However, if an electric truck is towing and/or carrying a heavy payload, especially on long routes or across country, you’ll need to account for a shorter battery charge range. The main factors that reduce battery range are highway and interstate driving, traveling up hills and steep grades, and extremely cold weather.


5. How can we ensure the charging infrastructure is robust enough along our routes?

To electrify your fleet successfully, it’s necessary to establish an internal charging infrastructure in addition to using public charging when needed. But before committing to EVs, you need to first assess the daily duty cycle of your current ICE vehicles—including miles driven, payload, idle time, and stops—and determine if EVs can perform as well or better when enduring the same level of use.


6. How can we be sure to have convenient daily access to charging stations?

We’ve partnered with the top EV supply equipment vendors in the industry to offer you the best charging options for your fleet. With our partners’ assistance, you can install and utilize charging stations at your fleet vehicle depot(s) or your drivers’ homes and choose a payment system that works best for your organization.


7. Are the type of work vehicles we need available in electric?

Several manufacturers—both long-standing and new—have been developing electric work vehicle models for the last couple years. Traditional OEMs like Ford and GM are bringing trucks and vans to market now. And new OEMs like Rivian, ELMS, Arrival, and Canoo are also introducing light-duty and last-mile electric trucks and vans to the market.


8. Is it difficult to get the EVs we want when we need them?

We leverage our relationships with EV manufacturers nationwide to source any EV models you want and ship them directly to you.


9. How do we ensure our drivers know how to operate EVs properly?

Upon request, we can provide your drivers with the training they need to take advantage of the full potential EVs provide in terms of safety, efficiency, and comfort.


10. What systems and software do we need to connect with and track EVs?

We can set you up with a telematics system that is specific to your EVs. Plus, many OEMs are providing fleet customers with access to their EV data, such as battery efficiency, energy depletion, charging kWh, and real-time state of charge. And soon, over-the-air updates will be available via connected vehicle technology.

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