Conforming the last year’s rapid progress in fleet tech, Fleet Speak investigates the UK’s fleet sector to foresight 2022 & predict the sector’s inclining direction towards tech.
Addressing the top five trends in the trucking industry for a few years, it’s clear that we are increasingly heading towards an Electric revolution.
After a year-long roller coaster ride during a pandemic, we saw the world go towards climactic chaos at COP26. At the same time, the fleets and transports accelerated towards EV adoption and continued holding the industry during the calamity. Let’s look at what this year can bring to the EV world.
Expansion of Fleet EVs
As the affordability factor of trucks and vans increases rapidly over time, all-electric fleets are becoming more of a liability than an asset. As the government officials lay the groundwork to bring fleet EVs mainstream, the growth chart is gradually expanding.
Due to the Clean Air Zones (CAZ) and their implementation to effectively reduce air pollution in the UK and make the routes more breathable, fleet EVs are ordered to sell more. They help reach the emission-free goal by 2035.
Even though vast challenges are surrounding this goal, we are already seeing businesses gaining opportunities to adapt an idea of an all-electric fleet business.
One of the biggest challenges around fleet electric vehicles is affordability. Experts forecast the EVs competitive pricing with gasoline-engine cars within the next few years.
On the bright side, the fleet of electric vehicles is notorious for saving a significant amount of money. Speaking about numbers, An typical gasoline-powered vehicle can cost you around $0.15/mile. In contrast, an electric vehicle can only cost you $0.03/mile!
Suppose cutting down the costs of fuels is your priority in business. In that case, EVs can make a significant difference & considered as a staggering potential for saving costs.
|CAPACITY||100 kWh Battery||15 gal. tank|
|EFFICIENCY||3 mi/kWh||20 mpg|
|RANGE||300 mi. range||300 mi. range|
|COST PER UNIT||$0.082 per kWh||$3.09 per gal.|
|COST PER RANGE||$8.20 for a full charge||$46.20 for a full tank|
|COST PER MILE||$0.03/mile||$0.16/mile|
Another challenge is building and securing reliable charging stations. In the case of widely-transited fleets, particularly over-the-road fleet companies, there will be a broad network of charging stations to source and manage the transits effortlessly.
While these are long term concerns, fleet managers must become open-minded towards the future and brainstorm strategies to adopt fleet EVs.
Expansion of fleet EV registration
Electric heavy-duty vehicle (HGV) registrations have increased since last year in Europe & North America. The global electric HGV stock was up to 3100 with increasing demand.
The global electric HGV registrations in 2020 were 7400, with a 10% increase in the previous year. With China dominating the sector, Europe rose about 32%, up to 450 vehicles, followed by the United States with an increase of 240 vehicles.
Heavy-duty EV models are widening.
The availability of heavy-duty EV models is rapidly widening in leading global trades. While busses marking the first broad expansion of electrifying the EV market, the Heavy-duty EVs have grown in demand & pushing manufactures to widen product line.
However, the increasing availability of models is not the only healthy sign for the EV market. Fewer overall models also reflect reliability and efficiency. Continuing with more options & diversity in models reflect the need to overcome specific business operations.
The growth of fleet EVs across the segments – vans, busses, medium goods vehicles & Heavy goods vehicles from 2020 to 2023 will be the epitome of manufacturers’ commitment to fully electrifying the fleet market.
Truck makers like Volvo & Daimler can be seen to indicate a full-electric future of transit. The broadening range of models provided for zero-emission, particularly in the HGV segment, can be considered halfway through an all-electric future to meet flexibility & operational needs.