Electric vehicles (EVs) are taking over commercial fleets like trucks and buses, and all sorts of fleet vehicles are getting charged up, and the numbers are growing fast.
A recent report by Smart Energy Decisions found there were over 1 million electric vehicles in US work fleets by 2021, which is more than triple the amount just two years earlier! That’s a jump from 300,000 in 2019 to over 1 million in 2021.
![Toyota hydrogen powered trucks](https://daxstreet.com/wp-content/uploads/2022/07/Toyota-hydrogen-powered-trucks.jpg)
Experts predict this trend will keep rolling, with estimates suggesting over 4 million electric vehicles will be buzzing around US fleets by 2030. So, what’s causing this electric surge? A few key factors are at play:
- Battery costs are dropping, making electric vehicles more affordable for businesses.
- More charging stations are popping up, making it easier to keep electric fleets fueled up.
- Governments are offering incentives to encourage companies to go electric.
- Many businesses themselves are setting sustainability goals, and electric fleets are a big part of the solution.
With major companies joining the electric movement and switching their delivery vehicles to electric models, the future of fleet transportation looks bright – and electric!
Electric Trucks Get a Push: New Rules to Clean Up the Roads
Remember those electric delivery trucks we were talking about? They’re not just a trend anymore – they’re becoming a necessity.
Here’s why: big trucks, like delivery vans and tractor-trailers, are terrible gas guzzlers and pollute the air we breathe. In fact, they’re a major source of greenhouse gasses (GHG) that contribute to climate change.
![Electric Buses](https://daxstreet.com/wp-content/uploads/2024/04/Electric-Buses.jpg)
To tackle this problem, many countries signed the Paris Agreement in 2015, promising to cut back on emissions. The US, for example, agreed to reduce emissions by 26% by 2025!
One way to achieve these goals? Switching to electric trucks! Experts predict electric trucks will take a major leap by 2030, going from a tiny fraction of all trucks on the road to a significant 12%
Electric Vehicles: Friend to Your Wallet and the Environment
The electric vehicle (EV) revolution is gaining speed, and it’s not just about saving the planet. There’s a strong financial case for going electric, too! A study by McKinsey & Company predicts that by 2025, owning an electric vehicle (EV) will actually be cheaper than owning a gas-powered car (ICE) – across all vehicle categories!
![Robots Assembling A Tesla Model S Sedans At Their Fremont EV Factory In California (Credits LA Times)](https://daxstreet.com/wp-content/uploads/2024/04/Robots-Assembling-A-Tesla-Model-S-Sedans-At-Their-Fremont-EV-Factory-In-California-Credits-LA-Times.jpg)
Here’s what’s making EVs such a smart financial decision:
Government Incentives: Legislation like the Inflation Reduction Act offers tax breaks and subsidies that can cover up to 30% of the cost of buying a new EV. That’s a big chunk of change!
Fuel Savings: Electricity is simply cheaper than gasoline or diesel. Filling up your electric car will cost you significantly less than filling up a gas-powered car.
As more and more EVs hit the road, developing reliable thermal management solutions becomes even more crucial.