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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.

Extended Cycling Increases Truck Fleet TCO

A truck’s total cost of ownership (TCO) covers a specific range of expense variables, regardless of the make or model. The four lifecycle categories that influence TCO are fixed costs, operating expenses, incidental costs, and depreciation/resale value. A key factor that drives these lifecycle categories is a vehicle’s service life.