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Element Fleet’s Head of EV Strategy, Avninder Buttar, to Keynote HDW

August 31, 2021 – Element Fleet Management Corp. (TSX: EFN) (“Element”), the largest pure-play automotive fleet manager in the world, today announced that Avninder Buttar, Vice President of Strategy, will be delivering the keynote address Looking Forward: Challenges and Opportunities for your EV Fleet for the Home Delivery World (HDW) 2021 Conference. Mr. Buttar will be sharing expert insights on transitioning delivery fleets to EV, and how companies can reduce fleet costs and meet their sustainability goals at the same time.

HDW 2021 is hosted from Philadelphia September 1-2 this fall. HDW is the industry-leading event for e-commerce last mile logistics in the US and abroad. The conference is dedicated to uncovering innovative supply chain solutions for retailers, grocers, CPGs and 3PLs.  

“Last mile delivery has exploded over the past year, and we are thrilled to be taking part in Home Delivery World 2021,” said Buttar. “We are committed to helping our clients and partners electrify their last-mile fleets to help transition towards a more sustainable delivery model, while continuing to provide their customers with the products and services they need.”  

Since the pandemic struck almost two years ago, e-commerce has outpaced traditional retail. And even as pandemic restrictions begin to ease, the demand has shown no signs of slowing. The last mile of delivery, however, is very carbon-intensive using traditional internal combustion engine delivery vehicles. Small electric delivery vehicles, like the GOdega featured at Element’s HDW booth #813, are seeing a much broader adoption as companies look for more sustainable ways to meet the growing last mile delivery demand. 

Buttar explained that Element is in a unique position to help drive EV last mile delivery solutions. “At Element, we are committed to helping our clients navigate the complex changes that accompany the transition to 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 infrastructure considerations, charging solutions, and regulatory matters. We are looking forward to supporting Home Delivery World’s educational program, and helping their audience meet sustainability and EV goals.” 

Join us! Avninder Buttar, Element Fleet Management’s Vice President of Strategy, can be heard on Wednesday, September 1, 2021 at 5:10pm Eastern. Conference attendees are welcome to visit the Element booth at anytime during the conference to chat with the Element team and to check out Gallery’s fully electric GOdega providing food and beverage convenience on wheels!  

Download Free Resources 

Learn more about Element’s EV offerings and download Element’s Environment, Social and Governance (ESG) report.  Understand the different charging solutions with a copy of our latest reference sheet - How to start planning for your fleet’s EV charging solutions

If you are interested in learning more from Avninder Buttar, Element’s Vice President of Strategy, and the EV team, or engaging them for a keynote event, contact the Element communications team at souimet@elementcorp.com

About Element Fleet Management 

Element Fleet Management (TSX: EFN) is the largest pure-play automotive fleet manager in the world, providing the full range of fleet services and solutions to a growing base of loyal, world-class clients – corporates, governments and not-for-profits – across North America, Australia and New Zealand. Element enjoys proven resilient cash flow, a significant proportion of which is returned to shareholders in the form of dividends and share buybacks; a scalable operating platform that magnifies revenue growth into earnings growth; and an evolving capital-lighter business model that enhances return on equity. Element’s services address every aspect of clients’ fleet requirements, from vehicle acquisition and maintenance to accident recovery and remarketing. Clients benefit from Element’s expertise as the largest fleet solutions provider in its markets, offering unmatched economies of scale and insight used to reduce fleet operating costs and improve productivity and performance. 

Contact: 

Samantha Ouimet 
Vice President, Communications 
souimet@elementcorp.com  

Forward-Looking Statements 

This press release includes forward-looking statements regarding Element and its business. Such statements are based on the current expectations and views of future events of Element’s management. In some cases the forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “plan”, “anticipate”, “intend”, “potential”, “estimate”, “believe” or the negative of these terms, or other similar expressions intended to identify forward-looking statements, including, among others, statements regarding Element’s improvements to run-rate profitability; enhancements to clients’ service experience and service levels; enhancement of financial performance; improvements to client retention trends; reduction of operating expenses; increases in efficiency; Element's dividend policy and the payment of future dividends; transformation of its core business; creation of value for all stakeholders; expectations regarding syndication; growth prospects and expected revenue growth; level of workforce engagement; improvements to magnitude and quality of earnings; executive hiring and retention; focus and discipline in investing; balance sheet management and plans to reduce leverage ratios; anticipated benefits of the balanced scorecard initiative; Element’s proposed share purchases, including the number of common shares to be repurchased, the timing thereof and TSX acceptance of the NCIB and any renewal thereof; and expectations regarding financial performance. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause Element's actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Such risks and uncertainties include those regarding the ongoing COVID-19 pandemic, risks regarding the fleet management and finance industries, economic factors and many other factors beyond the control of Element. A discussion of the material risks and assumptions associated with this outlook can be found in Element's annual MD&A, and Annual Information Form for the year ended December 31, 2020, each of which has been filed on SEDAR and can be accessed at www.sedar.com. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and Element undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. 

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