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Why An Electric Car Saves Fleet Operators $16,000 In Lifetime Cost

The average car spends about 95 percent of a 24-hour day parked.

For the 5 percent that they’re driven, they actually spend one-third of the time idling–at red lights, stuck behind leisurely left-turners, or even while the driver waits for the vehicle to warm up (or cool down) before getting in.

In other words, private automobiles spend only 3 percent of their time actually mobile.

Mitsubishi i-MiEV electric car at quick charging station

Mitsubishi i-MiEV electric car at quick charging station

Give up gas, keep the cash

But in the longer run–starting, oh, today–a new study concludes that volume battery-electric vehicles at the low end of today’s price range would save fleet operators an average of $16,000 apiece, compared to the vehicles they’d be replacing, over a service life of seven years.

That projection comes from a British Columbia, Canada, study of fleet vehicles, which suggests that pure battery-electric vehicles–at least, the ones not named Tesla–had enough range today to handle 94 percent of the fleet routes evaluated in the study.

To be fair, the study comes with two small caveats.
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