Recently I attended the Fleet Technology Expo (FTX) in Chicago. One especially well-attended session at the conference was titled “The Future Fleet Vehicle.” The panel included representatives from two truck original equipment manufacturers and another from a national fleet. The panelists discussed how the design of a work truck can actually improve fleet driver efficiency in the field. They agreed that increasing fleet driver efficiency in the field yields enhanced overall value for companies in terms of improved customer service levels, strengthened branding, and more revenue.
This premise rang true for me. At XL Hybrids, we develop and deploy fleet electrification and connected vehicle technologies that improve a vehicle’s miles-per-gallon (MPG). Part of our value proposition to fleets is that a more fuel-efficient vehicle with a higher MPG yields a more productive driver in the field.
Continue reading “Companies, Stop Losing Revenue to Low MPG Vehicles!”
This article first appeared in The Fuse on September 21, 2016.
If you have read Vincentric’s recent lifecycle cost analysis,, which shows only seven of 29 hybrid vehicles offered in the 2016 model year had a lower total cost of ownership than their gasoline counterparts, you are now armed with some valuable information when you purchase your next vehicle. However, you may not have the whole story on hybrids.
While the Vincentric research accurately finds that in most cases today, purchasing a hybrid car or hybrid SUV simply doesn’t pencil out, this picture of hybrids changes dramatically when you look at hybrid-electric commercial vehicles like trucks and vans, which have much lower base MPG ratings than cars and SUVs, are driven more miles per year than typical consumer usage, and have longer life cycles on the road where all financial benefits to operators can be accrued over a longer period of time.
Let’s look at a sample case that is very typical of commercial vehicle duty and life cycles. Say a fleet shuttle bus or work truck drives 100 miles per day for 250 work days per year in urban and suburban stop-and-go driving, and gets 8 MPG over a 10-year lifespan. This vehicle will use $70,000 worth of fuel over its 10-year life, assuming the current $2.25-per-gallon price holds over that time.
Continue reading “Vincentric’s Hybrid Vehicle Analysis Omits the Best Economic Opportunity: Commercial Trucks”
This article first appeared in The Fuse on August 24, 2016.
Bravo to Elon Musk and President Obama. They continue to think big by setting ambitious goals for U.S. vehicle electrification, backed by multi-billion dollar commitments to various all-electric vehicles and charging stations.
Last month, the Obama administration announced loan guarantees of up to $4.5 billion to build electric-car charging stations, and support broader electrification. Back in June, Mr. Musk unveiled Tesla’s Master Plan Part Deux. Besides calling for an audacious solution of vertically-integrated solar panel-charged Tesla sports cars, Part Deux also includes plans to build an all-electric pickup truck, an electric heavy-duty semi-truck, and an electric bus concept that would turn a bus driver into a “fleet manager.” Musk said his overall goal is for Tesla to offer an array of products and services to accelerate the transition away from oil.
Continue reading “XL Hybrids Continues To Fill The Gap In Elon Musk & President Obama’s All-Electric Vehicle Plans”
Dear Mr. Gates,
From your recent MIT Tech Review interview, it sounds like your Breakthrough Energy Coalition, which is rallying investors to fund more clean energy technologies to stop global warming, is progressing.
As lifelong entrepreneurs and founders of a scaling clean technology company, we find it inspiring that you are personalizing this effort to enable transformative energy solutions, and that you’ve set an ambitious goal to stop global warming at less than a 2 degrees Celsius rise. Let’s go for it! Continue reading “XL Hybrids Founders Offer Suggestions for Bill Gates Energy Coalition”