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Electric Cars Are Changing the Cost of Driving

Quartz

Few have driven a Tesla to the point at which the vehicle really starts to show its age. But Tesloop, a shuttle service in Southern California comprised solely of Teslas, was ticking the odometers of its cars well past 300,000 miles with no signs of slowing.

Most commercial vehicle fleets still run on gasoline and diesel, David Hayward, a fleet expert with Deloitte consulting, said. But EVs are top of mind. “Everyone is excited about it and everyone wants it,” he told Quartz. “But there’s trepidation.” The potential savings are huge. Fleet owners’ biggest expenses after depreciation (44%) are fuel (22%) and maintenance and repairs (11%), according to Deloitte.  EVs could slash those by more than half.

Unknowns have kept fleet owners on the sidelines. Range and charging infrastructure remain major concerns for fleet owners who must ensure recharging isn’t more difficult than refilling at a gas station for salespeople and corporate clients on far-flung trips (most drivers charge at home or work).

 

Read the article at Quartz.

Nov 11, 2019connieshedron
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