How MoveEV’s Home Charging is Transforming Fleet Operations
MoveEV® is driven by a mission to transform fleet operations through the seamless integration of electric vehicles. ReimburseEV™ is the company’s enterprise software making this transformation possible by offering effective solutions including the most accurate home charging reimbursements and comprehensive fleet management strategies.
The company’s leadership team shares insights on the pivotal role of home charging, strategies that businesses can leverage to achieve substantial cost savings and operational efficiency, and core advantages of complete EV adoption.
Leadership Insights
David Lewis, Founder and CEO of MoveEV®
Founder David Lewis brings visionary leadership to MoveEV® that steers the company’s mission of driving sustainable transportation solutions. David’s expertise in fleet reimbursement and strategic oversight ensures that the company remains at the forefront of the electric vehicle transition movement.
Tara Spencer, Head of Sales
Head of Sales, Tara Spencer, brings nearly 30 years of experience in commercial fleet management, and has a deep understanding of cost management and fleet operations. Her expertise in implementing fleet management solutions has been critical in bringing ReimburseEV™ to the market.
Check out future insights on electric vehicles from our experts David Lewis and Tara Spencer coming to our blog soon. Read on for detailed information and key takeaways from this introductory video to further your understanding of the transition process for fleets optimizing home charging solutions!
The Shift to Home Charging
EV home charging represents a groundbreaking opportunity for businesses that are looking to expand their electrification efforts without having to immediately invest in extensive infrastructure.
As Spencer explains, “Our solution allows clients to purchase any type of electric vehicle and send them home with drivers to charge overnight at off-peak hours.” This approach makes the EV transition process seamless and also offers significant cost savings.
By using overnight consumer rates, businesses can easily save thousands of dollars every year compared to public charging options - which quite often come with service fees and higher daytime rates.
Optimizing Total Cost of EV Ownership
One of the most appealing benefits of EVs is their lower total cost of ownership (TCO) when compared to traditional gas vehicles. Although the acquisition cost of EVs may be higher, the maintenance and fuel expenses prove to make EVs a better investment in the long run - assuming they are managed properly.
Spencer highlights that “electric vehicles can last two to three years longer than traditional gas vehicles, resulting in lower operational costs and reduced downtime.” This comparatively longer lifespan, combined with less maintenance needs and inexpensive refueling via home charging, positions electric vehicles as a cost-effective solution for fleet management.
Incentives and Financial Benefits of Electric Vehicles
When it comes to buying electric vehicles there are numerous incentives available to offset the initial cost of EVs. This includes federal tax credits of up to $7,500 for new purchases and up to $4,000 for used EVs.
There are also substantial tax credits for home chargers and these incentives, combined with stronger residual values of electric vehicles, make them an appealing option for businesses looking to optimize fleet investments.
Protecting Battery Life
The battery life is an important factor in the overall cost-effectiveness of electric vehicles. Spencer emphasizes the importance of controlled charging practices, noting that “DC fast charging and public charging can significantly reduce the lifespan of an EV battery.”
By prioritizing home charging, businesses can significantly extend their vehicles' lifespan and reduce the cost of EV ownership. This approach further ensures that fleet drivers start their days with a fully charged vehicle that is ready to handle the demands of their routes.
The Broader Impact of EV Adoption
Electric vehicles are a practical solution for fleet management and they also play a critical role in reducing carbon emissions and promoting sustainability. By transitioning to electric vehicles, fleet owners can significantly lower their carbon footprint and contribute to cleaner air and reduced greenhouse gas emissions.
So, from cost-effectiveness to environmental benefits - the shift to EVs aligns with global sustainability goals and positions companies as leaders in environmental responsibility.
Looking for the best way to optimize your EV take-home fleet? Home charging reimbursement is the key. Learn more at moveev.com/reimburseev