We believe EVs play an important role in the future of mobility. And with Enterprise Fleet Management by your side as technology continues to evolve, you’ll be in an even stronger position to build a better fleet.
of current vehicles may be economically replaced by EVs in 2022
the cost of EVs may match fossil fuel powered vehicles
of fleet vehicles may be suitable for electrification by 2025
light commercial battery electric vehicles could be deployed by 2030
**2021 study of Enterprise Fleet Management vehicles (one of the largest fleets in the world), conducted in collaboration with Geotab.
**Bloomberg New Energy Finance: https://about.bnef.com/electric-vehicle-outlook/
***McKinsey (2020): https://www.mckinsey.com/business-functions/sustainability/our-insights/charging-electric-vehicle-fleets-how-to-seize-the-emerging-opportunity
Auto manufacturers are investing in EVs for the consumer market—with battery-powered vehicles, hybrids and plug-in hybrids increasing in sales. Every day, the list of EV vehicle types continues to grow for consumers.
Source: https://evbuyersguide.caa.ca/available-in-canada
As major OEMs continue to roll out vehicles with longer range and higher performance, electrification will become a more practical solution for a broader range of fleet applications. These fleet-friendly electric pickup trucks, transit vehicles and others will give forward-thinking fleet managers new options as they craft their strategic plans.
While you may not be ready to begin electrification today, this is the perfect time to ensure you are optimizing the composition and performance of your fleet. Staying ahead of vehicle technologies–including EVs–and measuring their potential benefits to your organization is a critical component of any sound fleet strategy.
Of course, a big part of moving forward is knowing if there are electric vehicles–or other alternative fuel vehicles–that fit your fleet’s needs. The Canadian Government website is a source of valuable information, and a good place to start. Start you search now.
Both levels of government, Federal and Provincial, are increasingly enacting new laws and regulations related to EVs. Learn more about alternative fuel regulations and incentives here.
As both private sector and government RFPs put greater emphasis on EVs, a defined electrification strategy will give you a competitive edge.
The total-cost-of-ownership data for EVs is slowly equalizing compared to conventional vehicles, with near-parity expected by 2025**.
EVs may reflect positively on your brand, showing environmental responsibility and future focus. When you include EVs in your fleet strategy, you position your organization as forward-thinking, and provide a visible and tangible demonstration of your commitment to sustainability.
Some municipalities are offering perks to EV drivers, including high-occupancy vehicle lanes, priority parking and loading zones and more.
Find out how today’s newest EV technology is stacking up against other vehicles. Use the Government of Canada’s fuel consumption rating search tool to learn more. Click here to compare vehicles.
Our EV strategy is focused on bringing forward solutions that put your business needs first, and also partnering and investing purposefully to grow for the long-term.
At the same time, we’re working closely with corporations and municipalities across Canada to study how EVs could impact their fleets. Let’s connect.
Ready to explore if electrification is right for your fleet? Our automotive experts are here to help you craft the right fleet strategy. Talk to us.
If you’re a current Enterprise Fleet management customer, get in touch with your local client strategy manager to discuss how to evaluate your fleet for electrification opportunities.
