Full-service utilities company reached out to us to conduct a study of maximum conversion of their ICE LDV fleet to EVs within the next decade.
We first collected LDV data from different databases across regions in the USA. The data was enriched for accuracy measures. Thereafter, current utilization was studied. Further studies and benchmarks were conducted for the capital outlay for charging stations and EVs that can be converted, factoring in potential maximum distance traveled and several other factors.
Projection for EV conversion was made along with an implementation roadmap and change management plan. Key discovery was that current ICE LDV fleet size could be significantly reduced by increasing utilization, resulting in cost savings and reduction in carbon footprint.