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What are ev fleets?
EV fleets refers to the growing practice of organizations purchasing and managing commercial or government fleets of electric vehicles, typically for emissions-reduction purposes and/or cost savings. While EVs have a higher upfront cost, they can have a lower cost of ownership over their lifespan – with lower operating costs for fuel and maintenance, less downtime, longer usable lives, and higher residual value. Over time, battery and EV costs are also expected to come down, EV repairs will become less specialized, and long-life battery technologies will extend EV lifespans even further.