A recent report by Trakm8, a vehicle technology specialist, has identified some key challenges faced by fleet managers transitioning to EVs while outlining the fintech solutions currently available on the market.
Entitled EV Telematics – Driving Successful Fleet Electrification, the report follows research conducted by Trakm8 into some of the biggest challenges facing fleet managers post-Covid.
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More than 60% of respondents claimed that the rise of EVs, and government legislation that seeks to combat carbon emissions, is likely to have the single biggest impact on the sector between now and 2030.
With the UK now working to the government’s 2030 deadline on the banning of the sale of new petrol and diesel vehicles, Trakm8’s report serves as a timely guide to how businesses can manage that transition.
The document examines some of the key challenges cited by fleet managers for preventing that switch to EV, with range anxiety, cost prohibition and limited charge infrastructure among the most namechecked reasons.
The report also outlines some of the solutions to manage that change most efficiently. These include a suite of telematics solutions, including real-time state-of-charge tracking, dynamic EV range, live charge post mapping and vehicular health updates specifically tailored for EVs.
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By GlobalDataJim Hill, marketing director at Trakm8, said: “From our survey of fleet professionals from across the UK, it’s clear that fleet electrification will have the most profound impact on the sector over the remainder of this decade.
“This concern has been driven in no small part by the government’s pledge to ban the sale of new petrol and diesel vehicles by 2030.
Although a growing number of motorists are opting for electric or plug-in hybrid (PHEV) vehicles, they still account for less than a fifth (18.6%) of the UK’s total registered vehicles. That issue is reflected in microcosm within the fleet sector, which, although less heavily than previously, still relies on traditionally fuelled vehicles.
“That’s what makes the timing of this report so pertinent. We hope this white paper will provide a valuable framework for fleet managers embarking on their electrification journey, setting out ‘best practice’ and highlighting some of the key benefits a partial or fully electric fleet can deliver for businesses.”
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