If your clients are part of the Corporate Electric Vehicle Alliance1, they likely have a large fleet of vehicles and a plan to convert to electric. However, the alliance is made up of companies with some of the largest fleets in the world, and smaller companies may need more support to convert their fleet.
“What is clear is the march to an all-electric future is inevitable,” according to MotorTrend.2 “As prices and charge times come down and range goes up, consumers will be more likely to buy in,” the article explains.
For many companies, 2030 is a common target year for meeting their carbon-free goals as well as to meet state mandates. California, Washington, and Massachusetts all have enacted stricter emissions statutes and imposed some kind of restriction on the sale of gas-powered vehicles over the next 9 to 15 years. These three examples, along with a budding nationwide plan from Congress, will help the U.S. move away from gas vehicles to meet carbon reduction goals.
Constellation, through our venture investment organization, Constellation Technology Ventures, has invested in several companies that offer EV solutions, including ChargePoint, XL Fleet, and Proterra. To learn more about ChargePoint or other solutions, click here, or reach out to your Constellation representative.
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