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TCO

Electric Models: Depreciation Still Drags Down Ownership Costs

A lifecycle analysis by Vincentric found that total cost of ownership (TCO) for electric vehicles underperforms plug-in hybrid electric and traditional hybrid model counterparts. Running EVs more miles per year has a substantive positive impact on TCO.

Which EVs Have the Lowest Total Cost of Ownership for Fleets?

Included in this groundbreaking total cost of ownership study for fleets are battery-electric models including BMW i3, Chevrolet Bolt, Nissan Leaf, and Tesla 3, as well as plug-in hybrid electric models such as Chevrolet Volt and Hyundai Ioniq Plug-In Hybrid.

Exploring Propane as a Fleet Fuel Source

Propane may be a viable option for certain fleets looking for an alternative fuel source. While converting a vehicle to a propane system comes with a high initial cost, the system may come with reduced lifecycle costs over the course of that vehicle's life.

Why Large Fleets Resist Electric Vehicles

Higher-revenue companies with vehicle fleets listed three major barriers that are keeping them from more widely adopting battery-electric vehicles even though they have identified an appetite for the benefits that go with them, according to a new survey from UPS and GreenBiz.

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