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Open-End Leasing – Your Key to Business Flexibility

Leasing allows the business to pay for only the portion of the vehicles they use. This reduces the monthly payment when compared to financing a vehicle where you pay and finance 100% of the vehicle and pay tax on the total price.

Is Your EV Fleet Prepared for a Lithium-ion Battery Fire?

When compared to gasoline and hybrid vehicles, electric cars have the lowest number of fires per 100,000 sales. Electric vehicles are powered by lithium-ion batteries and EV fires are typically related to the battery. While electric vehicle fires occur less frequently, they burn longer and hotter than other fires. This is due to a chemical reaction in the battery called thermal runaway.

BEST PRACTICES – MANAGING AN EV FLEET

Electric vehicle (EV) fleet management requires a different approach compared to managing a fleet of traditional combustion engine vehicles. Here are some best practices for EV fleet management:

Managing Vehicle Lifecycles in High-Mileage Scenarios

When it comes to football, vehicle shortages and supply chain interruptions, “The best defense is a strong offense,” says a fleet manager for the Tennant Company. ‍The past year or two has been particularly challenging for fleet managers, so many are finding it necessary to employ a variety of tactics in order to stem losses, delays, or added costs.

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The resale value of trucks is a significant component of total cost of ownership and the impactof maintenance on the resale value is often overlooked.

The 2020 pandemic had far-reaching impacts to including the downward trend of car and truck maintenance costs while vehicles sat idle and were not driven during many of the work-from-home mandates. With efforts to restore the economy, fleets are facing increased maintenance challenges.

“The number of medium- and heavy-duty electric fleet vehicles sold is expected to grow by more than 100% from 2020 to 2021,” underscoring that the shift to fleet electrification is happening now on a broad scale and expected to accelerate in the years to come.

Doering Fleet Management and eIQ Mobility are partnering to provide fleets with seamless EV deployments. eIQ Mobility provides fleets with highly accurate EV Feasibility and Sustainability Assessments using EValuate ™, their online decision platform.

The article discusses the advantages of outsourcing fleet management to third-party companies, highlighting three key benefits: access to expert support and specialized knowledge, a comprehensive range of services that streamline operations, and strategic guidance that enables cost savings and operational efficiencies.

This article discusses the significant advantages of open-end leasing, upfitting, and collaboration with Fleet Management Companies (FMCs) in enhancing fleet efficiency and cost-effectiveness. By adopting flexible leasing options, customizing vehicles to specific needs, and leveraging expert FMC support, businesses can optimize operational performance and sustain competitive growth.

The 5 Tenets of Fleet Wellness®

Is your fleet the healthiest it could be?

Take action and learn the best practices for Fleet Wellness®.

A fleet management program will dramatically improve your operating efficiencies, vehicle costs,  and driver safety.

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