While the adoption of EV fleets is enormously beneficial for the environment, they are equally relevant in furthering the profitability of the delivery startups.
The adoption of Electric Vehicle (EV) fleets is on the rise. Especially, their popularity among the delivery startups is gaining traction by the day. And there are specific reasons why EV fleets are getting this much attention. Lower cost, policy incentives, better resale, brand loyalty, and the list goes on. Here is a lowdown on why EV fleets are becoming the preferred choice for delivery startups:
1. Lower Costs: A lot of cost savings are the crucial reason delivery startups switch to EV fleets. Unlike conventional vehicles (CVs), EVs have fewer moving parts, translating to lower wear and tear of the fleets. EVs don’t need oil changes or require replacing fuel filters, further lowering the maintenance costs. The running cost also equips EVs with a massive advantage. In contrast to refuelling petrol and diesel vehicles, the charging expenses for the entire EV fleet are just a fraction. This means delivery startups can achieve enormous savings using EV fleets for running their operations.
2. Government Incentives: Regulators globally today offer attractive incentives to promote the use of EVs in commercial operations. These rewards are available in both monetary and non-monetary terms. Delivery startups can capitalise on these incentives to save enormously on the upfront costs associated with the purchase of EV fleets. Further, benefits can be availed on the registration, congestion, and toll charges, which all come together to bring huge savings for the delivery startups.
3. Long-Term Value: The long-term value offered by EV fleets is significantly higher than that associated with CVs. EVs are improving in battery technology, and with more kilometres on offer, the critical barrier of range anxiety is also on the decline. For delivery startups that plan to upgrade their fleet every few years, EVs tend to offer higher resale values and better value for money on their investment.
4. Boosting Brand: New-age consumers are conscious about the environment. They care about the carbon footprints and know that rising emissions have a significant impact on their daily lives. No wonder their choices are driven by sustainability concerns. Delivery startups can leverage this enhanced awareness into brand loyalty by using electric fleets. They can drive home the message of superior credentials through EVs, thereby setting them apart from the competition.
6. Performance Advantages: Modern EVs offer instant torque and a smooth driving experience. The operation is completely noise-free, which further helps augment the appeal of these fleets. Especially in cities where deliveries follow a stop-and-go pattern, EVs prove particularly beneficial. Another advantage of EVs is the enhanced control that they offer through their advanced telematics system. This enables delivery startups to achieve superior efficiency and profitable performance in the long run.
For delivery startups, switching to EVs offers a holistic constellation of benefits. Lower costs, policy support, and green credentials are primary merits associated with making a green switch. Further, the EV fleets offer an attractive, future-proof investment which operators can leverage by strengthening their brand and staying ahead of regulatory changes – all this while helping the planet.
