Fleet electrification
Element Fleet Management is committed to helping you navigate the complex changes that accompany the transition to electric vehicles (EV). Our dedicated team brings deep EV and sustainability expertise, and we have an extensive network of strategic partnerships around the globe to support clients with vehicle acquisition, infrastructure and charging solutions and navigating the evolving ecosystem of EV service providers and regulatory changes.
To prepare for the evolution of EVs, every fleet – no matter how big or small – should be thinking proactively about an EV transition strategy.
The strategy will be unique to every client depending upon their industry, fleet size, and whether they require end-to-end electrification of their fleet, in-office or in-home charging infrastructure, or strategic advisory services.
Considerations in designing a transition strategy to Electric Vehicles
Consider any changes that you can make to your current financial agreements.
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Pilots – The most effective way to plan for large scale fleet electrification is to thoughtfully design and launch pilots to develop the playbooks required for larger scale. Element is positioned to help define / launch / execute pilots with our clients to help navigate this complicated journey.
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Costs - including any kind of up-front investment for charging stations, and long-term savings due to lower maintenance costs.
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Financing of EVs – including associated infrastructure like EV service equipment.
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Data - Software integration with a vehicle’s telematics and data gathered from chargers to support consolidated reporting and advanced fleet analytics.
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Training - A driver training program to ensure fleet drivers are aware of the inherent differences of operating an electric vehicle as opposed to the conventional vehicles that they are used to driving.
Podcast
Insights on adapting to electrification
As fleet managers start considering electrification, there are components that they had never had to think about before, such as installing a charger into their driver’s house.
Zingha Lucien, Director of Strategic Advisory Services at Element Fleet Management, provides some clarification into this and much more as part of her participation in the podcast, “Who runs the world? Fleets.”
Play a preview below and listen to the full podcast here.
At Element, we specialize in making the complex simple for our clients in everything we do. With the transition to EVs, this means helping clients navigate considerations such as charging infrastructure, total cost of ownership trends and managing mixed ICE/EV fleets over the gradual electrification of their fleets.
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