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https://e-vehicleinfo.com/why-businesses-should-invest-in-ev-fleet/With the world leading into an environmental diaspora, it is the right time for the world to plunge into the Electrical Vehicle Industry. We might all wonder what exactly one means by an Electric Fleet; an electric fleet is simply a group of electrical vehicles belonging to a particular company or an organization. An Electric fleet, without a doubt, benefits the brand awareness of the company but with these merits, it also introduces a slew of new issues. The electrical vehicle Global Market is predicted to soar to a compound Annual Growth rate of 21.7%.

EV-100 is a global initiative to make companies shift their fleet to electric by the year 2030. Zomato, a food delivery app has recently joined the initiative. Its Co-founder in an interview said that at this point only a fraction of our vehicles are EVs, and it will be very hard to go 100% Electric but it will be an hour’s need in the long run. 

Why should companies shift to Electric fleets?

The future of the Electric fleet is now, in other words, the number of EVs in fleets is hiking rapidly as a result of the new policies developing considering the environment, and also more enterprises are adopting the new zero-carbon project such as EV 100.

Many established brands like Canoo have become the leading Electrical fleet providers, Walmart has recently signed a contract with Canoo, demanding 4000 bulk EV delivery vehicles. Canoo promises a strong future in making Electrical vehicles the new face of the automobile world. This is the exact right time for companies to shift EV- fleets as governments of all nations are promoting and encouraging the growth of the EV industry.

Fleets are the lifeblood of many industries which run their daily tasks, shifting to Electric fleets will benefit the world in diverse ways, reigning from sustainability to affordability. 

The main reasons that the primary brands all around the globe are shifting to an EV fleet have to be the following;

The Acummualtive Budget:

The sudden and explosive hike in fuel prices has made it very clear that electricity is way cheaper than fuel, therefore making the electrical fleet the future paving the way for a cleaner environment. The EV industry with time would promise lower running costs because of the V2G technology. With the adoption of EV fleets, there will be a huge cost reduction in the fuel budget of every company.

Maintenance

Maintenance of an EV is easier as it does not consist of many parts and isn’t in the need of constant servicing. With oil prices fluctuating, E-vehicles provide the best solution for cleaner and better transportation. Therefore providing an eco-friendly environment.

Policies and Competition will compel many industries to shift:

With the world accepting technology and development, it is no more a question of companies wanting to plunge into switching to Electrical fleets no more. There will be competition amongst the industries turning to Electric fleets causing others to join as well.

To add onto the merits that many companies have shifted to EV is that non-electrical vehicles have components that are heavy and use up more fuel, shifting to EV fleet will not only help companies to save up on funds with consideration to fuel but also allow faster transportation with lighter machinery used in the fleets.

EV fleets may be simply modified to meet the needs of the user. This property of E-vehicles makes it stand out and is helping it make a mark globally.

Many multinational companies have already shifted their fleets to Electric, to mention a few Ikea, Myntra, Flipkart, and Zomato. These companies have promised a 100% transition onto Electric fleets by the year 2030. If this transition is successful, mankind will be avoiding 44%of its carbon emissions.

Future is Electric Fleet:

India is already a leading contender in the race for electric fleet, topping it with the largest EV100 with a fleet commitment of 194,388, followed by countries like the UK and France. Flipkart, an e-commerce company, which had started its EV journey back in 2017 has already taken on 18 states and union territories by deploying 2000 e-vehicles, and now the aim is to initiate 10,000 more e-vehicles to their fleet. 

Organizations may significantly reduce the threat posed by climate change by shifting to electric fleet cars, for this to happen companies need to induce and establish charging stations and convert their parking areas into EV- friendly spaces.

There is no doubt that electric vehicles (EVs) soon form the foundation of driving and mobility and that better components may be employed in battery chemistry, but progress will continue.

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