Our CEO Angus Webb talks to GreenFleet host Kate Armitage about the ‘EV Paradox’, watch the interview by clicking on the link below.
So, what is the EV Paradox? As Angus explains in his interview, often businesses looking at the adoption of electric vans think they are better suited to short journeys, when actually the higher the mileages, the more the fleet saves.
That’s because generally the electricity in EVs comes at a lower pence per mile cost than the diesel in a traditional ICE commercial vehicle, and as Angus says “the more you drive, the more you save”. And by doing much higher mileages you are then able to offset the higher front-end cost of purchase of an EV too, and also take advantage of lower SMR costs over the fleet lifecycle compared to an ICE van.
But for many fleets, making the move to high mileage EVs seems too ambitious, when issues such as range and public charging costs are taken into consideration without enough actionable data and insight.
However, this paradox can be solved by using Dynamon software, as Angus says. Understanding the cost of public charging and the amount of public charging that is needed to run a fleet is very important to understanding the total cost of ownership of a fleet van. And companies really need to maximise the use of private charging in depots or at home too, where they can access really low electricity tariffs.
This is why at Dynamon we have built our ZERO software package to help to make this analysis significantly easier and more precise. By making sure a fleet has the right data, and really understands the operation, the routes, drivers, mileages, and costs, ZERO can accurately predict how an EV can take over from diesel vans, or where more time may be needed for the overall cost to stack up.
In this way, ZERO acts as a kind of ‘force multiplier’ allowing fleets to move to electric with far more confidence and certainty that these vehicles can take over higher mileage work from diesel, and in doing so reap all the benefits EVs can bring in terms of cost and efficiency in a far greater way than ever before.
Read and watch the whole interview below (page 39)