Two weeks ago, we published part one of our commentary on Geotab’s in-depth article, “Electric Vehicle Trends 2020: Top 6 Factors Impacting Fleet Electrification” (https://www.geotab.com/white-paper/electric-vehicle-trends/). Again, the idea was to assess whether each of the trends were evolving as Geotab predicted and, if so, how EVCS was responding to them in the marketplace. Below are the final three trends referenced and our thoughts on each. (4) Increase in public charger availability and capacity The Prediction: The assertion here is two-fold: first, that investment in charging infrastructure across the US between 2017 and 2027 will reach $3.5 billion – significant enough to achieve the IEA’s forecast of one public charger for every 10 EVs – and, two, that these chargers will... Read More
At the beginning of this year, Geotab published a very interesting white paper titled “Electric Vehicle Trends 2020: Top 6 Factors Impacting Fleet Electrification.” (The piece can be found in its entirety here: https://www.geotab.com/white-paper/electric-vehicle-trends/) Now that we’re approaching the end of 2020, we thought it might be useful to go back through the assertions made in the paper to determine (1) whether the trends are evolving as Geotab predicted, and (2) if so, how EVCS is able to address those trends, including the targeting of customer pain points. Below are the first three trends referenced out of the six and our thoughts on each. (1) The EV price tag will continue to drop as battery costs fall The Prediction: The... Read More
We’ve noticed a number of positive trends in the area of fleet, bus and medium- to heavy-duty vehicle electrification recently. While environmental issues may be of significant concern to EV drivers, businesses are still focusing first and foremost on their bottom lines. Thankfully, several case studies have emerged that demonstrate the significant cost savings of owning an electric vehicle fleet versus a diesel-powered one, which speaks directly to cost-conscious business owners. Southern California Edison (SCE), which has put out several of these studies, has also been heavily promoting their Charge Ready Program, which subsidizes EV installation for any California business that allows for lengthy vehicle dwell time (such as fleet operators and trucking companies). In fact, the program has been... Read More
