Getting data where it needs to be continues to prove to be a challenge for many organizations today – especially when it comes to streamlining and effectively optimizing operational strategies.
The term “OEM telematics” has built up quite a buzz in recent years because telematics have long been sourced from third party providers and added to vehicles after acquisition. Manufacturers are catching onto this trend, however, and are creating their own solution.
In addition to the variety of third-party providers who can integrate their software into any vehicle, many OEMs are starting to build vehicles that are ready to collect data as soon as they are driven off the lot. This is an important option for fleet managers to consider when evaluating their fleet’s needs.
Deciding the lifecycle of a vehicle is a strategic decision that affects operational costs and a company’s bottom line. The decision could depend on the intended use of the vehicle, the terrain and environment in which it operates, and the impact of maintenance costs and downtime to business.
EVs are the future of the fleet industry. Of that, there appears to be no question – unless, of course, there aren’t electric alternatives for your current fleet mix. Because of this, it pays to have a complete understanding of the EVs you choose to purchase.
The reasons for our dependence on fossil fuels, not only nationally, but globally, are clear to see. Fossil fuels are cheap to produce, abundant and reliable, and ultimately, have all the infrastructure in place to make production relatively easy.
The plan is still general and offers few details about the actual logistics of making the switch, but it does contain ideas of where to draw the funding and some interesting proposals that will make gargantuan changes to charging infrastructure.
Solar energy has grown rapidly in the past decade, reaching 97 gigawatts of capacity by 2020 (enough to power 18 million homes). Though only 11% of the renewable energy consumed in the US is solar, this figure is expected to more than double by 2050.
As with any major investment, the initial and ongoing costs must be weighed carefully against their ultimate value to figure out total cost of ownership. However, the metrics by which this value is measured must be clearly determined – if not, any value provided is subjective and non-quantifiable. So, how do we calculate this elusive figure called ROI?