Teletrac Navman added a web-based automated AI tool to its suite of software solutions. This tool is aimed at supporting fleet operators with the shift to electric vehicles.
Fleets want to adopt cleaner vehicles to reduce their carbon footprint and because various state governments announced mandated limitations regarding the production—and/or sale—of new gas- and diesel-powered commercial and passenger vehicles. The onus is now on OEMs and operators to find the most effective way to transition fleets to electric.
The Electric Vehicle Readiness Tool integrates seamlessly with the Teletrac Navman advanced suite of fleet management and tracking platforms. It analyzes all telematics data to provide operators with detailed recommendations of where electric vehicles could be adopted into operation.
Moreover, algorithms behind the Electric Vehicle Readiness Tool indicate the feasibility of switching to an electric fleet. They also calculate the total cost of ownership of an electric vehicle switch versus the existing fleet. This includes purchase price, residual value, taxes, insurance, maintenance, electricity costs, as well as the total CO2 and fuel savings.
The Electric Vehicle Readiness Tool will recommend electric vehicles; it will also advise on how many and what type of chargers are required to run those vehicles. Additionally, it can calculate the charger cost and recommend charger location to ensure no loss of battery based on trips.
The Electric Vehicle Readiness Tool uses the power of AI with telematics data to provide a meaningful evaluation for operators. The platform analyzes everything from the number of trips, the distance, regularity, usage times, usage patterns, and idle time.
CUSTOMER TESTED
Customers have already tested the Electric Vehicle Readiness Tool in the Teletrac Navman platform. One such customer, Nicholas Wilson, environmental project coordinator at Stockport Homes, comments: “We have targets to have at least 60% of our fleet fully electric by 2025 to reduce CO2 emissions and become carbon neutral by 2038, in line with Greater Manchester. So the opportunity to put the Electronic Vehicle Readiness Tool to the test was such a valuable exercise. It shows we’re able to electrify a large proportion of our fleet, and in doing so prevent CO2 emissions, improve fuel consumption, and make significant cost of ownership savings over five years. It also advised us on how many chargers to install and where. What’s more, the ease of the evaluation was really impressive—it took no time at all.”
Barney Goffer, product manager at Teletrac Navman, added: “We all know a major electronic vehicle transition is coming soon but it’s still an unknown space for a lot of operators. However, in the long-term it’s best practice to start considering which vehicles are already viable for that switch and where financially feasible, begin the changeover.”
“The Electric Vehicle Readiness Tool’s AI functionality takes the headache away for operators,” Goffer continues. “It uses the power of AI to help our customers go from data to decisions and very easily see where they can electrify, making it a quicker, easier, and more informed discussion with internal stakeholders and financial decision-makers within the business as to the best road to take towards their future electric fleet.”
The Electric Vehicle Readiness Tool is currently only available in Europe. Teletrac Navman will introduce it to the US market in the near term.
Find out more about the Electronic Vehicle Readiness Tool, visit www.teletracvavman.co.uk/platforms/electric-vehicle-management-software.
