The Commercial Vehicle Show - logo image
18 - 20 APRIL 2023 • NEC • BIRMINGHAM • UK

Fleets should lead EV adoption

North America's Fleet Owner magazine reports that FedEx chairman Fredrick Smith thinks fleets could have 200,000 electric vehicles in service by 2015.  This would give the volume to bring down prices and make electric vehicles "broadly practical," according to a new report from US Electrification Coalition, a group started in 2009 to promote development of electric vehicles.  "With advances in battery technology promising to cut initial capital costs for EVs, fleet operating characteristics could offer "per-mile costs that are 70% to 80% less than current [internal combustion vehicle] costs," said Smith.
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