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Developing a fleet sustainability strategy for a Fortune 50 Client

Global Fortune 50 Telecommunications Company – Strategic Roadmap for an All-Electric Fleet

 

The Problem

How to transition the fleet to zero emission vehicles (ZEV)

  • A fortune 50 telecommunications provider (‘the Client”) with a goal to be carbon neutral by 2035 engaged Edison Energy to evaluate their fleet in transitioning from internal combustion engines (ICE) to electric vehicles (EV).
  • The Client was seeking an advisor to evaluate the feasibility of transitioning over 40,000+ vehicles across light, medium, and heavy-duty classes, while also providing strategic guidance in maximizing emissions reductions, charging capabilities, and cost-effective outcomes associated with a transition to ZEVs.
The Solution

Edison Energy partnered with the Client to help develop a strategy for fleet electrification while providing education workshops to ensure all stakeholders had the needed knowledge and buy in. Some of the topics involved:

  • Alternative Fuels
  • Corporate Sustainability
  • Vehicles & Technology
  • Electric Vehicle Charging
  • Facility & Utility Planning
  • Vehicle & Charging Procurement

The final Fleet Sustainability Roadmap analyzed vehicle and telematics data to determine which vehicles would make economic sense to be replaced with a ZEV. It provided phased recommendations with analysis including:

  • Total-cost-of-ownership (TCO) Analysis & Vehicle Identification
  • Timeline Development
  • Identifying GHG Emissions Reductions
  • Charging Optimization Strategy
  • Utility & Incentive Identification
  • Potential Pilot Site Identification
A large portion of the Client’s existing fleet were strong candidates for electric vehicle conversion.
The Fleet Sustainability Roadmap identified that

40-50%

of the Client’s light-duty vehicles could be converted with today’s EV technology with portions of the medium and heavy-duty vehicles applicable in select states.

 $230M+

in total-cost-of-ownership savings (over vehicle life) in converting to electric fleet with current technologies.

1.5MMT

of GHG Emissions could be saved through the removal of tailpipe emissions.

 


 

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