Automotive Fleet

News

Ford Reveals More Details on All-Electric 2022 Ford F-150 Lightning

2022 All-Electric Ford F-150 Lightning

On May 19, 2021, Ford Motor Co. announced more details on the 2022 all-electric F-150 Lightning that will deliver a targeted 563 horsepower and 775 lb.-ft. of torque – the most torque of any F-150 ever. The F-150 Lightning will roll off the production line next year at a new high-tech factory at Ford’s Rouge complex in Dearborn, Mich.

Accel-KKR Acquires GPS Insight

Accel-KKR Acquires GPS Insight

Accel-KKR, a private equity firm with over $10 billion of assets under management, announced on May 19, 2021 that it has acquired GPS Insight, a fleet management software company.  Founded in 2005, GPS Insight provides SaaS-based fleet management software and complementary solutions for Class 3-6 fleets in the United States and Canada.

UK Businesses To Increase EV Spending By 50%

UK businesses are planning a 50% increase in EV spending, both on vehicles and infrastructure.

Businesses in the UK are planning a £15.8 billion ($22.16 billion) spend on fleet electrification over the next 12 months. It represents a 50% uplift year-on-year, having spent £10.5 billion on electric vehicles (EVs), plug-in hybrid electric vehicles (PHEVs), and on-site charging points in the previous 12 months to end March 2021.

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