Element Fleet Management , together with Arval Global Alliance and RMI, presented the Global Electrification Report 2024: Accelerating Fleet Decarbonization , which highlights that global sales of electric vehicles increased by more than 600% between 2018 and 2023.
Furthermore, according to the report, most major automakers already have or will have at least one electric model for each vehicle category.
“As a company committed to moving the world through smart mobility, we recognize the challenge of the transportation sector contributing 25% of emissions. We provide tangible evidence that drives the adoption of electric vehicles, supports our customers in reducing emissions and promotes a more sustainable future,” said Avninder Buttar, Senior Vice President of Electrification at Element.
In this regard, the director highlighted that the implementation of anti-idling technologies and strategies reduces fuel consumption, in addition to improving operational efficiency.
For example, one fleet that adopted these measures reduced idling time by 16% and saved $50,000 annually , highlighting how efficiency and environmental sustainability go hand in hand.
The analysis, based on global data from Element-Arval Global Alliance, addresses tools to facilitate the transition to a low-emission model in the United States, Canada, Mexico, Australia, New Zealand and Europe.
The study found that in Mexico, the advantages of electric vehicles over internal combustion vehicles include a 58% reduction in CO2 equivalent emissions , in addition to the fact that they are exempt from the 15% import tax and the vehicle ownership tax.
Mexico is a significant emerging market, both for the wide range of available models and for the production of electric vehicles, which closed at around 250,000 in 2023.
“Customers rely on our industry expertise, robust data and practical approach to stay ahead in their decarbonization strategies,” said Manuel Tamayo, President & SVP of Element Mexico.
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