Expect to See More Electric Vehicle Options in the Market

Over 100 new models of electric vehicles (EV) are expected to enter the market by 2022.  Manufacturers include “The Big Three”, major import brands, and new start-ups.  The benefits of EVs will also come with new challenges.

Questions exist about challenges with charging vehicles, range, battery cost and how that balances with the pandemic record low cost numbers for oil many markets are seeing. 

Fleets may still need to anticipate electric vehicles as viable options for their selection process, especially with nearly a hundred options hitting the market over the next few years. Whether the incentive to incorporate EVs is from funding or reducing maintenance costs or reducing carbon impact. Electric vehicles are coming. 


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