- Non-profit organisation Ceres has announced the formation and launch of the Corporate Electric Vehicle Alliance to help companies accelerate the transition to EVs.
- Members include DHL, Amazon, AT&T, Clif Bar, Consumers Energy, Direct Energy, Genentech, IKEA North America, LeasePlan, Lime, and Siemens
- The focus is on commercial vehicles rather than passenger EV’s, a segment that has received less press coverage, but which potentially could have more impact
Analysis and Comments
- Ceres highlights that more than half the vehicles on the road in the US are commercial – SupplyChainDive estimates that transport in total contributes nearly 30% of US CO2 emmissions
- For commercial vehicles, especially delivery vans, analysis is that the purchase decision is very cost driven
- This means that the lower operating costs for EV delivery vans carry greater weight in the buying decision
- There is a mid term market potential in markets such as Europe, where diesel & petrol fuel costs are higher
You don't want to miss a Crypto news?