There are many factors to consider when it comes to making EVs more sustainable at every life stage. When broken down from raw material extraction to vehicle disposal, is clear to see that EV’s zero-emissions claim is really only true in operation.
The term “OEM telematics” has built up quite a buzz in recent years because telematics have long been sourced from third party providers and added to vehicles after acquisition. Manufacturers are catching onto this trend, however, and are creating their own solution.
Deciding the lifecycle of a vehicle is a strategic decision that affects operational costs and a company’s bottom line. The decision could depend on the intended use of the vehicle, the terrain and environment in which it operates, and the impact of maintenance costs and downtime to business.
The reasons for our dependence on fossil fuels, not only nationally, but globally, are clear to see. Fossil fuels are cheap to produce, abundant and reliable, and ultimately, have all the infrastructure in place to make production relatively easy.
As with any major investment, the initial and ongoing costs must be weighed carefully against their ultimate value to figure out total cost of ownership. However, the metrics by which this value is measured must be clearly determined – if not, any value provided is subjective and non-quantifiable. So, how do we calculate this elusive figure called ROI?
Digging into your data will be essential in this transition, especially if you’re looking to identify opportunities within your operations structure that could in fact be more sustainable that they currently are. Telematics can be a large help, but the data means nothing if you don’t do anything with it.
A fleet manager is responsible for many things, as I’m sure you already know. From replacement cycles to annual budget preparation, policy implementation to vehicle usage management and maintenance. The needs and objectives of multiple departments depend on the fleet manager executing their responsibilities well and keeping the fleet running smoothly.
This is a time for implementing and communicating new standards, and an opportunity to create some lasting changes. Perhaps you could consider right-sizing your fleet so that you can have spare vehicles as customers require while identifying and disposing of under-utilized equipment.
Electric vehicle implementation is a strategic move that could mean different things for each company. As we have seen, each fleet has very different plans and reasons for implementing EVs. Read on to learn more.