Ricardo Strategic Consulting (RSC) investigated critical challenges that commercial fleets face while investing and operating an electric vehicle (EV) fleet. As a result, RSC developed an ‘EV Fleet Planning Framework’ to empower commercial fleets to better plan and maintain charging operations, minimizing their capital expenditures (CapEx) and operating expenses (OpEx). The framework allows fleets to quickly analyze the impact of chargers, charger size, charging strategy, and operational need on CapEx needed. It optimizes the charging strategy to attain the lowest $/mile in EV operating cost, and analyzes the cost-benefits of investing in on-site solar and stationary storage systems.

For more information on our EV Fleet Planning Framework, you can contact Nikhil Nayak at [email protected].