SERVICES
Open-End Leasing – Your Key to Business FlexibilityLeasing allows the business to pay for only the portion of the vehicles they use. This reduces the monthly payment when compared to financing a vehicle where you pay and finance 100% of the vehicle and pay tax on the total price.
Is Your EV Fleet Prepared for a Lithium-ion Battery Fire?When compared to gasoline and hybrid vehicles, electric cars have the lowest number of fires per 100,000 sales. Electric vehicles are powered by lithium-ion batteries and EV fires are typically related to the battery. While electric vehicle fires occur less frequently, they burn longer and hotter than other fires. This is due to a chemical reaction in the battery called thermal runaway.
BEST PRACTICES – MANAGING AN EV FLEETElectric vehicle (EV) fleet management requires a different approach compared to managing a fleet of traditional combustion engine vehicles. Here are some best practices for EV fleet management:
Managing Vehicle Lifecycles in High-Mileage ScenariosWhen it comes to football, vehicle shortages and supply chain interruptions, “The best defense is a strong offense,” says a fleet manager for the Tennant Company. The past year or two has been particularly challenging for fleet managers, so many are finding it necessary to employ a variety of tactics in order to stem losses, delays, or added costs.
Data is increasingly driving the evolution of electric vehicles. Initially, EV’s early adopters were driven by feeling but the reality of EV’s is clear and the data easily supports it.
Reducing vehicle downtime is a critical issue for fleet managers. Inconvenient breakdowns and delays impacting the customer are detrimental to business. Overloading a vehicle and lack of use of vehicles and vehicle equipment can have noticeable impacts across the fleet. Investing in technology is also important in order to track preventive maintenance, collect data track the timely completion of work.
Ford has started announcing more details on its 2022 F-150 Lightning, with targeted horsepower of 563, and the most torque of any F-150 yet at 775 lb-ft. The vehicle is expected to roll off production lines in early 2022 and is a part of the company’s global electric vehicle plan.
In May 2021, used-vehicle values hit an all-time high—but supply stabilized to levels below what had been seen in 2019 and 2020. Used car prices are 15% higher than what was seen in 2019, and 16% higher than 2020 levels.
At face value, an easy way to cut down on capital expenditures it often to defer asset replacements. The problem with this approach though, is that it doesn’t actually achieve the intended goal of cost cutting, but instead shifts expenses to the fixed and operating categories, has vehicles operating outside of the warranty period and creates increased risk for unbudgeted costs.
At face value, an easy way to cut down on capital expenditures it often to defer asset replacements. The problem with this approach though, is that it doesn’t actually achieve the intended goal of cost cutting, but instead shifts expenses to the fixed and operating categories, has vehicles operating outside of the warranty period and creates increased risk for unbudgeted costs.
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