Electric vehicles fleet management, opportunities & top

EV fleets in India 

Electric vehicles fleet is more popular than personal electric vehicles. Electric vehicles fleet adoption is on the rise and in high demand all over the world. In India also electric vehicles fleets are much popular than personal vehicles.

The government aims to reduce the carbon footprints in the country and it is continuously making efforts to reduce fleets costs. The affordable electric vehicles and proper incentives by the government are other major efforts that the government is looking forward.

Based on the requirements you can choose what and which kind of range EV you need for your everyday commutes. The range anxiety is one of the main reasons all fleets have not yet switched to EVs. The other fact can also be the cost of the EV. But once if you invest in an EV you can save a lot of money in the future. understanding all these expenses you can switch to electric vehicles fleet.

Electric vehicle fleet management

The electric vehicle fleet management and traditional fleet management is similar and it has some few differences also. There are some of the metrics to monitor EVs in the traditional fleet such as the State of Charge, charging session details and for plug-in hybrids, electric miles versus gasoline miles.

In telematics solution, you can monitor EVs and conventional vehicles together

Benefits to telematics solution

• Optimizing electric range through fuel efficiency measurement,
• Reporting on charging activities,
• Using real-time information to make decisions about your fleet, and
• EV diagnostics, which are key for monitoring a vehicle’s health.

Electrification plays a major role in fleets to save fuel costs and reduce carbon emissions. Telematics helps you to manage and monitor everything for your EVs. All the information can be kept at one place which helps to empower your fleet managers to optimise the fleet usage and ensure that you are getting the maximum return on investment from your electric fleet.

Electric vehicles fleet management in smart grids, they are capable of providing valuable services to power systems other than just consuming power. Electric vehicles are regarded as a means of balancing the intermittent renewable energy resources such as wind power.

Evera, a fleet of 500 Electric Cabs in Delhi

This is because electric vehicles can be used to absorb the energy during the period of high electricity penetration and feed the electricity back into the grid when the demand is high or in situations of insufficient electricity generation.

However, the extra loads created by the increasing number of electric vehicles may have adverse impacts on the grid. This becomes a challenge to the power operators and can be solved electric vehicle fleet operators are proposed both by academics and industries.

These are factors that will determine the pace of adoption for EVs entering the fleet market

• Vehicle Price
• Cost of EV’s-Batteries
• Maintenance Cost
• Safety
• Electricity cost
• Vehicle range
• Charge capacity
• Emissions regulation & government

Why electric vehicles?

According to data from the U.S. Environmental Protection Agency (EPA), EV conversion of energy is more than five times more efficient when compared to an ICE vehicle. EVs do not require regular oil, oil filter, transmission fluid, transmission filter, gas filter, radiator fluid, air filter or spark plug for scheduled maintenance to maintain the vehicle’s reliability.

Current ICE Replacement cycle 36 mo. / 75,000 miles and proposed EV replacement cycle 60 mo. / 150,000 miles.

EV fleet charging profits

The operators of vehicle fleets can be especially enthusiastic buyers of EVs. EVs can have a total cost of ownership that is 15 to 25 per cent less than that of equivalent ICE vehicles by 2030 which amounts 10 to 15 per cent of all fleet vehicles. Powering those EVs will need a great deal of investment and infrastructure.

For example, McKinsey Projects estimates that the United States will need some $11 billion of capital investment by 2030 to deploy the 13 million chargers needed for all of the country’s EVs. In that fleet, EVs will alone consume up to 230 terawatt-hours of power per year, which would be approximately 6 per cent of current US power generation.

Their batteries would offer roughly 30 gigawatt-hours of electricity-storage capacity or 15 to 20 per cent of projected capacity in 2030. Mass deployment of EV charging infrastructure will bring opportunities to run that equipment more efficiently and cost-effectively.

Electric vehicles fleet expansion plans-Mahindra-backed Meru Cabs

Opportunities in EV fleet charging will materialise first in places with high-demand charges and sunny weather, which makes solar power generation more economics.

Hardware and software integration which helps the fleet operators optimize energy and vehicle use by setting driving schedules and routes, charging intervals, and vehicle maintenance in alignment with customer demand, power prices, traffic conditions, and charging-station availability.

Opportunities in EV fleet charging

The opportunities in the EV fleet-charging market by offering a well-rounded set of services, we have four elements

• Hardware and software integration which helps the fleet operators optimize energy and vehicle use by setting driving g schedules and routes, charging intervals, and vehicle maintenance in alignment with customer demand, power prices, traffic conditions, and charging-station availability.
• Digital analytics and connectivity supporting activities across EV chargers running at high utilization rates
• Access to price signals from the power market.
• It requires an investor or a well-capitalised business to combine multiple entities into one with all the capabilities and complementary businesses to join forces in a partnership.

Top electric vehicles fleet in India 

Lithium Urban Technologies Pvt Ltd, 

Lithium Urban Technologies launched a 100% electric taxi fleet. It is a pure B2B player, Lithium has been providing corporates like Credit Suisse, Barclays, Google, and McKinsey providing cab services helping them meet sustainable targets.

Since 5 years Lithium has expanded its fleet and currently comprising over 1,000 EVs, across Bengaluru, Pune, Hyderabad, the National Capital Region (NCR), Manipal, and now, Jaipur and Mumbai too.

Prakriti E-Mobility Pvt Ltd

Prakriti E-Mobility Pvt Ltd is a Delhi based startup co-founded by Nimish Trivedi, Vikas Bansal and Rajeev Tiwari. The company launched the Evera fleet of electric cabs in Delhi-NCR. Prakriti plans to introduce 500 EVs on the Evera platform with a target to scale it up to 5,000 vehicles within two years.

Blu Smart Mobility-Gensol Mobility

Blu Smart Mobility is a Delhi based company which provides electric taxi mobility solutions. Blu Smart e-mobility solutions will be a host of charging stations available across the city.

Its 15 charging points are already operating. The company has another 50 in the pipeline by August 2019. Each outlet is capable of 15-20kW DC fast charging and uses the Bharat DC charging standard.

Ola Electric Mobility

Ola is set to become one of the largest EV fleet operators in the world. Founded in 2011 by Bhavish Aggarwal and Ankit Bhati, Ola is one of the world’s largest ride-sharing companies. 

Ola Electric Mobility has acquired Amsterdam-based electric scooter manufacturer Etergo. The Ola didn’t disclose the deal amount, the Etergo has raised about $23.3 million to date from German automakers and through crowdfunding.

Euler Motors

Euler Motors is a Delhi based automotive tech startup which focuses on commercial vehicles. It is providing its electric vehicles fleet to the e-commerce companies for the last mile delivery. It has received Rs 125 crore from inventus III while Blume Ventures gave in Rs 4.6 crore and the remaining amount of Rs. 1.9 crore is added by Sujeet Kumar and Jetty Ventures.

The new round, the Blume Ventures and Inventus hold 22.84% and 13,98% stake respectively whereas Sujeet Kumar will control 1.01% equity. The company is estimated at a 93 crore fresh equity funding. 

The company already running around 100 prototype electric vehicles in Delhi-NCR roads for cargo and parcel deliveries used by the e-commerce companies for their last-mile delivery and there are over 70 charging stations said the company in a release.

Some companies like Big Basket, Ecom Express, Blue Dart, Udaan have been using the Euler electric vehicles fleets which are providing them with a range of 80-100 kilometres on a single charge with the maximum loading capacity of 500 kilograms.

Mahindra & Mahindra

Mahindra & Mahindra plans to launch a cab aggregator for corporates called Alyte to expand its electric vehicles fleet for taxi services. The company will significantly push the cab aggregator and shared mobility services segment. At present, it has leased a fleet of 100 vehicles which it is planning to increase by five times by March 2021. 

Hence, electric vehicles fleet helps in the adoption and growth of electric vehicles. Electric vehicles fleet is a good idea for individuals and companies. 

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