Understanding Electric Vehicle Fueling Costs Compared to Gasoline for Fleets
Gasoline or diesel prices could fluctuate 20% in a given year, whereas fully bundled electricity rates could vary by as much as 300% in a given day.
The complexity of electricity rate structures coupled with confusing or conflicting metrics is a fundamental impediment to a global transition to electric vehicle (EV) fleets. For this transition to happen, fleet operators need to be equipped with the tools, information, and partners to understand, plan, budget, and operationalize such a paradigm shift.
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