The world of transportation is changing rapidly and the change is driven by the technology that has made ridesharing, car-hailing, and vanpooling easy. This sharing economy is forcing businesses to rethink how they utilize vehicles.
Watch Adam Berger of Doering Fleet Management discuss the impact of the sharing economy.
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.
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.
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