By now, you’ve probably heard that transitioning your fleet to electric vehicles (EVs) could save your business a lot of money. True, your business saves on mileage with EV charging, along with other cost advantages. Plus, your business can enhance its reputation by becoming an early adopter in the push toward sustainability. Electrifying your fleet … Read more
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What is your organization’s carbon footprint? If you don’t know, you may have an unpleasant surprise in the next few years. Company behaviors are quickly becoming a critical element in risk management for investors. Many private investors and companies are directing their capital to businesses that show a commitment to environmental, social, and governance … Read more
Many businesses recognize the need to capitalize on the rising popularity of electric vehicles (EVs). Consumer demand for EVs is increasing, with around 130 million EVs expected on the roads by 2030, according to a McKinsey & Company projection. There’s been a national push to develop EV charging infrastructure. The Inflation Reduction Act of … Read more
I awoke to find my new Jeep Wrangler 4xe (“four by ‘E’”) filled with rubber ducks. It was Father’s Day, and my wife and two young daughters decided to officially initiate me into the community of Jeep owners. I got “ducked.” Since I bought my Wrangler in May, I’ve been the recipient of this special Jeep … Read more
When planning a restaurant opening, the first step isn’t buying a refrigerator. Likewise, businesses that seek to install electric car chargers shouldn’t focus on the piece of equipment itself. Instead, smart businesses start by identifying their objectives. Ultimately, electrification goes beyond the installation of EV charger hardware to enhance brand perception. How does EV … Read more
Gone are the days of a meter reader coming to your business to assess your electricity use. Instead, smart meters connect to the internet, sharing energy data with the utility. Your company can monitor energy use in the cloud to derive operational insights. That’s why you need energy data to make better business decisions. Surprisingly, … Read more
Just like a new car, a charger for an electrical vehicle (EV) comes with features that affect price. There is no single answer to the question: What does a level 3 charger cost? You can purchase a basic, inexpensive car. But additional features increase the price. Similarly, level 3 charging station costs range from $40,000 … Read more
By 2030, nearly 22 million electric vehicles (EVs) will be on US roads, the Edison Electric Institute (EEI) predicts. They will require more than 100,000 direct-current fast chargers (DCFCs) also known as level 3 chargers to support them. The global emphasis on reduction in carbon emissions is accelerating the push toward EV adoption. Already, some … Read more
Between the second quarters of 2020 and 2021, the sales of electric vehicles (EVs) increased 200%, according to McKinsey. At this rate, McKinsey predicts that EV sales will comprise about 53% of all passenger-car sales by 2030. See how profit opportunities can expand with EV Chargers. The number one deterrent to purchasing an EV is … Read more
By 2030, electric vehicles (EVs) will comprise nearly 30% of new car sales, according to the market analysis group EV Adoption. The increasing demand for EVs will not only transform the dealership business model, it will also affect the hospitality industry and other consumer-facing businesses. The creation of an EV charging environment attracts EV drivers, … Read more
