Sustainability Commitments Drive Growth in Clean Technology Market for Fleets

Battery-electric vehicles are poised to become a leading clean fleet technology in 3-5 years.

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Leading fleet operators are utilizing a mixture of clean technologies along with incumbent fuels and efficiency measures to realize immediate emission reductions while satisfying their own increased commitments on sustainability and demands from customers for the same, according to a report presented by Gladstein, Neandross & Associates (GNA).

“This year’s analysis and extensive fleet survey reinforces what we have been witnessing across the industry,” says Erik Neandross, CEO of GNA. “With the total cost of ownership increasingly being confirmed across multiple clean fuel and technology options, fleets continue to expand their commitment to and investment in these sustainable vehicle options, a trend we fully expect to continue to accelerate in the coming few years.”

From PR Newswire:

  • Fleets reported significant business benefits when clean vehicle technologies are mature and appropriately suited to their sector, including fuel cost savings, improved total cost of ownership and reduced maintenance. The improved environmental performance of these technologies also remained a benefit consistently confirmed by surveyed fleets.
  • Battery-electric vehicles are poised to become a leading clean fleet technology in 3-5 years.
  • Policy mandates and ambitious sustainability goals are creating demand for all clean technologies and will continue to drive growth.
  • Sustainability benefits, including the emissions reduction potential of vehicles and fuel, are improving for nearly all existing clean vehicle technologies, including efficiency, renewable fuels and cleaner vehicles. Sustainability benefits remain a top motivator for fleets.
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