Reaching global decarbonization goals requires a strong focus on reducing emissions from transportation, which includes the electrification of fleets, both public and private.

For most organizations, fleet electrification is integrated into their overall decarbonization efforts to reduce costs and emissions. To make the transition successful, organizations must use quantitative and infrastructure data to help move the business toward electric mobility.

ENGIE Impact can support organizations looking to build a fleet electrification strategy by engaging key players in the business and creating an end-to-end solution to meet your fleet electrification goals.

Why is Fleet Electrification Important?

As climate urgency escalates, strategies to reduce carbon emissions becomes a source of resilience and competitive advantage. Lowering emissions to a manageable level, however, requires the ability to move from a theoretical embrace of the goals to detailed, actionable plans for getting there. 

From a global target perspective, over 20% of all vehicles in the US need to be electric by 2030 the 1.5% global climate goal. Fleets can immensely influence transportation sector electrification by driving scale, which contributes to reduced vehicle technology and infrastructure costs.

Benefits of Fleet Electrification

Working with a fleet electrification consultant can help you build a strategy that provides benefits to the environment and your bottom line – helping to meet the needs of your stakeholders.

Economic Value

• Informed initial investments in fleet electrification that are optimally integrated into business operations can yield economic value, including reaching total cost of ownership parity for the business.
• Example: Bus batteries holding up to 650kWh of electricity in one charge (in comparison the average home consumes 30kWh a day), present significant opportunities to benefit from local electric utility time of use charging rates, energy arbitrage, and potential balancing services to the wider electric grid, as well as local resilience for the business.

Offset Operational and Financial Risk

• Early adopters can offset operational and financial risk while positioning their businesses as leaders in sustainability.
• Example: Organizations at the forefront of fleet electrification can leverage grants for electric vehicles, charging infrastructure incentives, heavily discounted products from software and hardware companies, or utilities offering funding to cover upgrade costs to local electric grid infrastructure to reduce capital.

Accelerate GHG Emission Reductions Efforts

• Fleet electrification accelerates GHG emission reduction efforts.
• Example: Transportation is the #1 source of GHG emissions in the US and is responsible for 22% of global emissions.