The Road to EV Adoption: Step 1 Learn

Many organizations have adopted electric vehicles (EVs) into their fleets with great success, with many more in the planning and piloting stages. In fact, the global EV market is currently worth over $250 billion and is expected to grow to nearly one trillion dollars by 2027. This page describes the first step in the EV adoption journey: Learn.






Why Partner with a Fleet Management Company for EV Adoption?

EV Experts

Merchants Fleet has a team of fleet electrification experts ready to help you bridge the gap between strategy and execution. Their knowledge in vehicles, charging infrastructure, financial incentives, and more can help you become an industry leader and embrace the EV adoption journey.

Charging Infrastructure Installation Guidance

Electric vehicles are loaded with the latest and greatest in technology, but they also require an upfront investment of the right chargers to keep them moving. Our Fleet Electrification Team has the infrastructure experience needed to scope out plan for your installation needs.

Zero-Risk EV Adoption

The automotive industry is heading towards an electrified future, during this transition we understand that EVs won’t be right for every application. The best way to learn this is through a pilot test. Merchants has programs in place to help fleets get the right vehicles if their first EVs don’t meet their needs.

Related Resources

Benefits of EVs

Lower Total Cost of Ownership

Less moving parts means less maintenance downtime. Plus, EV telematics and data reveal game-changing business insights that can maximize efficiency for long-term cost savings.

Fast Land to Sustainability

EVs are regarded as one of the fastest ways to achieve a positive sustainability impact, while also driving the bottom line.

Drive ESG (Environmental, Social, Governance) Initiatives

Eliminating tailpipe emissions in your fleet by switching to EVs is an incredible way your organization can reduce its carbon footprint.

Operations

EV models generally have the most modern driver assistance tech available, helping increase driver safety.

Types of EVs

EVs come in a variety of makes and models, and more are continuing to be developed. Our EV finder tool makes it easy for you to search by vehicle specs, battery capacity, range, and more.

All-Electric Vehicles or Battery Electric Vehicles (AEVs or BEVs)

AEVs/BEVs run entirely on an electric motor powered by a large internal battery. They must be plugged in to charge and use regenerative braking to reduce wasted energy while driving.

Plug-In Hybrid Electric Vehicles (PHEV)

PHEVs have both an internal combustion engine and an electric motor. They can charge their batteries through regenerative braking, like a HEV, but have a larger battery and can be plugged in to be charged. Some PHEVs can be propelled by their battery for short distances, thus reducing gasoline consumption. They can be refueled with gasoline like an internal combustion engine vehicle.

Hybrid Electric Vehicles (HEVs)

HEVs are powered by an internal combustion engine and an electric motor that uses a smaller internal battery compared to a BEV. A traditional hybrid is recharged through regenerative braking and receives most of its energy through gasoline.

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