Despite the interest in EVs, cost remains a critical barrier for fleet managers, particularly the larger upfront costs known to deter EV adoption.
The agreement with Cox gives ELMS customers access to more than 6,000 service centers, 3,000 partner locations and 800 mobile technicians nationwide.
The collaboration promotes safe deployment of second-life use for Xos battery packs nearing end-of-life.
The third-party battery health diagnostic tool will strive to become the industry standard to assess the condition and value of EV batteries.
Cox Automotive Analysis: Fleet sales are still stuck in first gear, estimated to have increased by only 5% year over year but remain down by more than 40% from 2019.
The installation at Cox Mobility’s Pivet Atlanta facility includes 20 Level 2 fleet chargers, six fleet DC Fast Chargers and six public DC Fast Chargers.
Rivian has closed an investment round of $1.3 billion, the fourth investment the battery-electric truck and SUV startup will receive in 2019.
Battery-electric truck and SUV startup Rivian has added a third, large investor this year with a $350 million stake from Cox Automotive, the company announced today.
For fleets, technology is enabling a more efficient way to use vehicles, increase utilization, and more precisely match the type of vehicle to usage.
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