At the Global Climate Action Summit in San Francisco, two electric car charging companies announced plans to build 3.5 million plug-in spots in the U.S. and Europe by 2025 in an effort to accelerate the adoption of clean vehicles.
California-based ChargePoint Inc. will deliver 2.5 million places to charge and EVBox will install 1 million new fast and regular chargers. The new charging stations will support 37 million electric vehicles that are forecast to be on the road globally by 2025, driving a combined 384 billion electric miles.
Read the article at Bloomberg.
Research into drivers’ attitudes towards Alternative Fuel Vehicles (AFVs) has identified a huge ‘discrepancy gap’ between actual sales and drivers’ stated buying intentions.
The research, carried out by UK fleet management specialist CLM which manages around 15,000 vehicles on behalf of corporate clients, looked at the intentions of 400 drivers when it came to buying or selecting their next car.
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After factoring in the costs of financing, insurance, licensing, registration, taxes, maintenance, repairs and gas for dozens of different makes and models, AAA analysts found that the average cost for a 2018 vehicle is about 59 cents per mile for someone who drives 15,000 miles a year.
This year’s annual report emphasizes the hidden cost of depreciation which can account for about 40 percent of the cost of owning a new vehicle, or about $3,000 a year.
The AAA report calculates a range of vehicles and mileage for owners who go 10,000, 15,000 or 20,000 miles a year. The Federal Highway Administration says the average driver goes about 13,500 miles a year.
Read the article at The Washington Post.
LeasePlan USA announced the expansion of its executive leadership team with the appointment of two new executives.
Debbie Conrad Boyce has been appointed executive vice president and will lead operations at LeasePlan USA, responsible for driving client satisfaction and overseeing the key operational areas within the organization.
Alanna Mahone has been appointed to senior vice president, human resources, and is responsible for providing strategic leadership and organizational development to the company.
“I’m proud to add two new incredible leaders to lead our company to the future,” said Jeff Schlesinger, president and CEO at LeasePlan USA. “Each member of our leadership team brings a unique skill set that, when combined, creates a formidable group of highly energizing professionals. With the appointment of Debbie and Alanna, we are moving at full speed ahead to what’s next.”