SERVICES
Open-End Leasing – Your Key to Business FlexibilityLeasing allows the business to pay for only the portion of the vehicles they use. This reduces the monthly payment when compared to financing a vehicle where you pay and finance 100% of the vehicle and pay tax on the total price.
Is Your EV Fleet Prepared for a Lithium-ion Battery Fire?When compared to gasoline and hybrid vehicles, electric cars have the lowest number of fires per 100,000 sales. Electric vehicles are powered by lithium-ion batteries and EV fires are typically related to the battery. While electric vehicle fires occur less frequently, they burn longer and hotter than other fires. This is due to a chemical reaction in the battery called thermal runaway.
BEST PRACTICES – MANAGING AN EV FLEETElectric vehicle (EV) fleet management requires a different approach compared to managing a fleet of traditional combustion engine vehicles. Here are some best practices for EV fleet management:
Managing Vehicle Lifecycles in High-Mileage ScenariosWhen it comes to football, vehicle shortages and supply chain interruptions, “The best defense is a strong offense,” says a fleet manager for the Tennant Company. The past year or two has been particularly challenging for fleet managers, so many are finding it necessary to employ a variety of tactics in order to stem losses, delays, or added costs.
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The article discusses the advantages of outsourcing fleet management to third-party companies, highlighting three key benefits: access to expert support and specialized knowledge, a comprehensive range of services that streamline operations, and strategic guidance that enables cost savings and operational efficiencies.
This article discusses the significant advantages of open-end leasing, upfitting, and collaboration with Fleet Management Companies (FMCs) in enhancing fleet efficiency and cost-effectiveness. By adopting flexible leasing options, customizing vehicles to specific needs, and leveraging expert FMC support, businesses can optimize operational performance and sustain competitive growth.
Electric vehicle (EV) fleet management requires a different approach compared to managing a fleet of traditional combustion engine vehicles. Here are some best practices for EV fleet management:
Leasing allows the business to pay for only the portion of the vehicles they use. This reduces the monthly payment when compared to financing a vehicle where you pay and finance 100% of the vehicle and pay tax on the total price.
When compared to gasoline and hybrid vehicles, electric cars have the lowest number of fires per 100,000 sales. Electric vehicles are powered by lithium-ion batteries and EV fires are typically related to the battery. While electric vehicle fires occur less frequently, they burn longer and hotter than other fires. This is due to a chemical reaction in the battery called thermal runaway.
The perfect storm of COVID and the microchip shortage caused a significant drop in new vehicle production which has ultimately led to historical low used vehicle inventory levels.
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