After a few months of moderation, fleet ownership costs are rising in the pickup and SUV segments.
Vincentric’s analysis of ownership data found that 14 of 27 EVs had lower total cost of ownership over five years than their gasoline counterparts.
Electric vehicles can save on fleet maintenance over ICE vehicles. But the electronic complexities of EVs need to be considered when formulating an EV fleet maintenance program.
Running a simulation that inputs fleets’ vehicle types, routes, and duty cycles can show which ICE vehicles are better candidates for electrification.
With the battery comprising up to 40% of the cost of an electric vehicle, making sure the battery is healthy — and being able to measure and communicate that health — are important considerations for secondary EV buyers.
In 2022, fleets were hit with a trifecta of rising transaction costs, lowered wholesale costs, and fluctuating fuel prices.
At the National Association of Fleet Administrators conference in April, LeasePlan USA's Jon Stafford made it clear how he regards total cost of ownership (TCO) as a tool to help manage his fleet, his people, and his company – he doesn’t. Because TCO is dead.
Compact and mid-size electric vehicles (EVs) are now fully cost competitive with petrol and diesel cars across most European countries according to LeasePlan’s newly released 2021 Car Cost Index.
Learn how calculating total cost of ownership for electric vehicles is vital to the success of your business and determining if EVs are a cost-effective replacement.
The most difficult part of implementing fleet telematics is making the case for it to company leadership. Focus on potential ROI to make the decision a no-brainer.
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