Cox: Fleet EV Adoption Increasing in the Next Five Years

By: James Hickey, Managing Editor, DigitalDealer.com

Fleet owners operating both electric vehicles (EVs) and their gas counterparts have higher levels of satisfaction with their EVs, according to a new report from Cox Automotive.

The report, Future of Fleets: Path to EV Adoption, found EVs bring higher scores among fleet owners in key metrics such as “overall satisfaction,” “cost of ownership” and “vehicle usage and capabilities” as compared with vehicles powered by internal-combustion engines (ICE).

Conducted in Q1 2024, the survey collected data from fleet decision-makers in various regions and across differing fleet sizes. Data shows that 14 percent of fleets presently operate EVs, with a significant trend toward EV adoption expected in the next five years. Read More>>

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