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August 26, 2020
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August 26, 2020
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Don't call it a rental: Mack rolls out "vehicle as a service" for electric trucks
News Commentary | February 11, 2022
Mack is making its electric truck available in a "vehicle as a service" model structured like a car lease: Customers sign five‑year contracts and pay monthly fees with an option to renew at the end of the contract. Customers can include charging infrastructure, maintenance, and insurance through ... Not part of subscription
Gatik partners with ChargePoint to provide electric vehicle charging infrastructure to customers
News Commentary | March 30, 2022
The partnership aimed at short‑haul autonomous vehicles will let Gatik's customers access ChargePoint's charging network, fleet‑specific software customizable to each customer, and modular charging hardware to reduce initial costs. Gatik's customers can also tap into ChargePoint's expertise in site ... Not part of subscription
Cruise expands its robotaxi coverage area in San Francisco
News Commentary | May 12, 2022
Cruise claims to now cover roughly 70% of San Francisco and has plans to further increase its robotaxi service area along with the fleet size and hours of operation. Any further expansion will still be limited by Cruise's permit, which allows the company to operate its robotaxis on select public ... Not part of subscription
by Christopher Robinson
Although electric vehicles are competitive on a total cost of ownership basis in most regions, high upfront costs are still a barrier for many potential customers. Attempts to decouple the costs of the battery and the costs of the vehicle are not new, as Renault has offered a similar battery leasing option on its Zoe. The two reduce the vehicle cost by roughly $10,000 and are leased for between $100 and $150 per month. However, Nio's battery swapping network offers more flexibility to introduce new battery chemistries and allows customers to change their battery size while owning the vehicle. For these reasons, and the fact that it is bringing in partners to help finance the business, clients should view Nio's announcement as favorable.
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