accelerating fleet adoption of electric vehicles · vision fleet facilitates fleet deployments of...
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Vision Fleet
Accelerating Fleet Adoption of Electric Vehicles
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Vision Fleet facilitates fleet deployments of plug-in electric vehicles (EVs) by lowering costs and removing roadblocks.
• Decades of clean energy, electric vehicle, and fleet experience
• Financial, technical, operational, and change management expertise
• Offices in California, Colorado and Indiana
• Backed by Boulder-based Vision Ridge Partners
• Currently leading the nation’s largest deployment of electric vehicles (>400) in a public fleet
• Recently completed the Colorado State Fleet Opportunity Assessment Nissan Leafs and Chevy Volts deployed into the City of
Indianapolis ‘Freedom Fleet’ program
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Vision Fleet’s integrated, service-based approach provides a simple, fast, inexpensive, and low-risk path to EV deployment.
The Clean Miles
Solution™
Capital
iQ Assist
Tax-Efficient FinancingGuaranteed
Performance and Savings
Lease-LikePayment Structures
Continuous Assessment and Optimization
EV Charging Infrastructure
Telematics, Analytics and Car-Sharing Tech
Shared SavingsIncentives
Driver Training and Education Programs
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Vision Fleet’s integrated, service-based approach provides a simple, fast, inexpensive, and low-risk path to EV deployment.
• We pay for vehicles, charging stations,fuel and electricity, and preventativemaintenance.
• Customer pays a flat, per-mile rate up toeach vehicle’s annual minimum VMT.
• EV-specific telematics enables real-time,vehicle and charging station analyticsand reporting.
• Web-based car-sharing and motor poolcapabilities increase utilization.
• We provide expert planning anddeployment support to help optimizecost savings.
EV Operational Success Factors
Included
Fuel (and Electricity)
Preventative Maintenance
Vehicle Telematics
EV-specific AnalyticsSoftware and Reporting
EVSE ChargingInfrastructure
Car-sharing Technology
Deployment Support
Driver Training
Continuous Assessment
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Total cost of ownership approach bundles together all key costs of owning and operating vehicles – and delivers savings.
Key elements driving a fleet vehicle’s total cost of ownership (TCO)
TCO comparison of gas vs. electric¹ (illustrative)
1. For a high mileage usage scenario
Difference between vehicle resale value and purchase price, less tax credits
Depreciation
Cost to fuel the vehicle and maintain fueling infrastructure
Fuel
Cost of maintenance, accidents, and repairs, including facility upgrades
Maintenance
Direct cost of financing or indirect opportunity cost of using scarce capital
Financing
Cost of hardware and software to monitor vehicle performance
Telematics
Cost of fueling infrastructureInfrastructure
Gas vehicle Electric vehicle
Higher purchase
price
Lower fuel cost
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Snapshots of select innovations in Vision Fleet’s model
Comprehensive TCO and ECO analysis
and benchmarking
EV-focused telematics,
carsharing platform, and hands-on
support
Rigorous TCO diagnostics
Enhanced utilization
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Drivers plugging in their EVs at home are reimbursed for
the electricity
Reimbursement for at-home
charging
EV
Fostering competition and
rewards (gift cards) for optimal driver
behavior
End-user engagement
UX
Results
User
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Case Study: 425 PEV deployment for Indianapolis will be largest single deployment of EVs in a US public fleet.
Mayor Greg Ballard set goal to transition fleet to post-oil technology by 2025.
Old, inefficient vehicles• 9 years old on average• 16.6 MPG average
efficiency
Little experience with EVs• Zero EVs in fleet prior to
launching post-oil effort
Starting Point Project Structure
VF & City structured public-private partnership:
• Fleet diagnostic identifiedEV opportunities.
• VF provides vehicles,charging stations,analytics and support.
• City buys EV miles as aservice with guaranteedsavings.
• VF takes operational risk.
Expected Impact
425 EV deployment will be largest single public fleet EV project in US.
~100 old gasoline vehicles to be removed from fleet.
$5.0-8.7 million in savings.
50+ gallons/month of avoided gas per vehicle.
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Case Study: The Indy program is proving the effectiveness of the service-based approach to EV deployment.
Source: Vision Fleet analysis of Indianapolis Freedom Fleet data through June 2015.
Indy drivers are exceeding other public fleets’ metrics:
• Higher plug-in rates mean greater use of EV batteries’ capacity.
• Nearly half of the EV fleet’s miles have been driven on electricity.
• Easily quantifiable gasoline and CO2 reductions show that the program is delivering on its goals.
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Questions?
Pete MickartzDirector of Sales