The technology think-tank “RethinkX” has stated that “we are on the cusp of one of the fastest . . . most consequential disruptions of transportation in history”.
“More than 1 billion vehicles exist world-wide (in the UK the total number of registered vehicles in 2015 was 36.5 million). By 2035 there will be more than 2 billion. Despite growth in car-pooling, car sharing, telecommuting and transit, cars are not going away. People continue to be drawn to the freedom, flexibility, convenience and comfort they offer.
While 97% of the world’s cars still contain just internal combustion engines, that number is shifting. It could shift with greater speed, heading toward all-electric motors and no engines at all.”
Electrifying fleets doesn’t change everything about how fleets are managed, but it does change a large element of the work fleet managers traditionally do. Expense analysis shifts progressively from fuel cost analysis and forecasting to energy management including new assets like in-vehicle batteries, vehicle chargers, stationary energy storage and electricity prices.
New predictive capabilities are needed to enable forecasting of future use, allowing for cost reductions and more effective utilization of fleet assets. Against this complexity, automating inputs and integrating smart software are essential to optimize fleet and energy resources.