The EV revolution is upon us. EV sales, although only about 2%-3% of US sales currently, are projected to surpass 40% by the end of this decade. A transportation transition from one energy source to another, of this magnitude, last occurred one hundred years ago as horses were replaced with the combustion engine. Both transitions were driven by a need to reduce pollution and increase energy efficiency. Both transitions resulted in large scale manufacturer adoption, federal and state infrastructure changes and user adoption. To effectively transition your fleet you should conduct a thorough assessment of your fleet’s EV ‘readiness’.
Why Make a Readiness Assessment Part of Your EV Journey?
An effective EV assessment of fleet readiness accomplishes three things. First, it provides a roadmap. Second, it utilizes the critical thinking needed to outline required steps. Third, it ensures a way to measure success.
The Roadmap. Once your fleet sustainability and electrification goals have been identified, your journey has started. Every successful journey begins with a plan leading to the desired goals. Identify potential gaps and obstacles as well as ways to overcome them.
Outline the steps required. Here are some of the essential steps you must take:
Profile vehicle and driving habits
Forecast replacement needs
Track battery electric vehicle availability
Map needs to availability
Identify tools to measure total cost of ownership (TCO) and carbon output
Map out a charging infrastructure plan
Understand federal credits and tax rebates
Measure success. Measuring TCO, carbon output and carbon output per mile throughout your transition will provide key insights along your journey signaling whether you on target to reach your goals. There may be other key metrics. Having the right modeling tools will be important.
Perhaps you have set your sustainability and electrification targets. If not, be aware that minimum targets are being set for your fleet. The federal government has set mandates requiring that half of all vehicles sold in the US produce zero emissions by 2030. Most auto manufacturers have laid out plans to either include EV options within each vehicle segment, or to eliminate gas engines over the next decade or two altogether. Now is the time to assess your fleets’ readiness.