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How Smart Technology is Improving EV Fleet Management

Written by Team NovaCHARGE | Feb 5, 2024 4:00:00 PM

More and more fleet owners and operators are starting to see the widespread benefits of fleet electrification. What could be passed off years ago as solely a sustainability move, fleet electrification is now seen as a smart economic move with significant benefits.

As more businesses make the shift, there’s greater investment in the technology that supports EV fleet management. It’s symbiotic, this relationship between EV adoption and EV technology. They rise together. For fleet operators, understanding how smart technology can help improve fleet performance is a key step in the fleet electrification process.

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How Telematics and Other Technology Boost EV Fleet Performance

Fleet management isn’t easy, this much we know. Thankfully, many organizations and businesses that rely on fleets are active participants in seeking out technology to assist in fleet operations. And now, with fleet electrification in the spotlight, fleet owners are increasingly turning to advanced technologies to optimize the performance of their electric vehicle fleets.

One transformative technology fleet operators rely on is telematics, which integrates telecommunications and informatics to provide real-time data on vehicle location, status, and overall operational efficiency. Telematics has emerged as a game-changer for EV fleet management, offering benefits that significantly enhance performance and operational capabilities.

With telematics, fleet managers can remotely monitor both the health and performance of each EV in their fleet. More specifically, they can see real-time data on battery status, charging levels, and overall vehicle diagnostics. That data then enables proactive maintenance, reducing downtime and costs, improving reliability, and enhancing EV battery longevity.

And, as any fleet manager can tell you, it’s all about the route-planning. Telematics can help there too. By analyzing historical data, fleet managers can identify the most efficient charging stations, create optimal routes, and even predict potential charging needs. This not only enhances the overall efficiency of the fleet but also contributes to significant cost savings and a reduction in the total cost of ownership (TCO).

While telematics is one of the most useful technology applications, other advanced technologies can help fleet managers with EV fleet operations. For example, Artificial Intelligence (AI) and machine learning can help improve EV efficiency as well.

AI allows fleet managers to analyze data quickly, predicting maintenance needs, optimizing charging schedules, and adjusting for individual driving behaviors. As a result, EV fleets can continuously improve their operations and adapt to evolving circumstances.

Next, for EV fleet owners looking to introduce a new revenue stream, advancements in Vehicle-to-Grid (V2G) technology may prove valuable. V2G allows electric vehicles to not only consume energy but also feed excess energy back into the grid during peak demand periods. This bidirectional flow of energy maximizes the utility of EVs by providing fleet operators with an additional revenue stream.

In addition to these technologies, other advancements from battery improvements to charging station advancements are not only helping to accelerate fleet electrification, but also boost the benefits.

The Role of Route Planning in EV Fleet Management

Among the most important skills for a fleet manager is the ability to efficiently plan routes. And, when it comes to EV fleets, route planning is the key to optimizing performance, reducing costs, and enhancing overall sustainability.

For EV fleet operators, EV range can present a challenge which is why, for EV fleets, route planning is even more important. This is also where advanced route planning technologies play a transformative role.

Leveraging real-time data (telematics) and sophisticated algorithms (AI tools), fleet managers can craft optimized routes tailored to the specific capabilities and charging requirements of their EVs. 

However, route planning is more than just a path on a map; in fact, true route planning factors in a variety of elements including: traffic conditions, elevation changes, and weather forecasts as all of those have an impact on energy consumption accurately. Accounting for these factors (as well as other variables such as load weight), fleet managers can make informed decisions to maximize energy efficiency which prolongs the lifespan of EV batteries and reduces operational costs. This is what makes route planning advanced.

And, route planning is also essential when it comes to planning, plotting, and pushing for EV charging infrastructure. Fleet operators can help identify optimal locations for EV charging stations along high-traffic routes. Not only can these alleviate fleet range anxiety, but it can help other EV drivers as well.

EV Charging Stations and EV Fleet Management

All the EV tech improvements are amazing and vital to EV fleet management, however, EVs, as we know, don’t get very far without EV charging stations. They’re also a vital part of the EV fleet ecosystem.

Obviously, EV charging stations play a crucial role in keeping EV fleets on the road. While that includes public and commercial EV charging stations, available while fleet vehicles are en route, depot EV charging stations are equally important.

One of the primary advantages of on-site EV charging stations is the ability to monitor and manage charging operations. Fleet managers can optimize charging schedules, ensuring that vehicles are charged during non-peak hours to minimize operational costs and maximize efficiency.

One of the biggest challenges of fleet electrification is preparing a site for EV charging station installation and implementation. More specifically, power grid challenges may dictate how many and what type of charging stations can be installed (without an upgrade). Further, managing those power loads to ensure fleet availability, especially for quick-turn fleets, can be a challenge as well.

Efficiency and availability on demand are paramount in fleet management, and EV charging stations contribute significantly to this aspect. Fast-charging capabilities enable quick turnaround times for vehicles, minimizing downtime and maximizing their operational availability. However, that can create a significant pull on the grid.

In contrast, Level 2 chargers and overnight charging can enhance fleet productivity, as vehicles can start each day with a full battery, ready to meet the demands of their routes. This allows fleets to rely on DC fast charging in a limited way which is less taxing on the grid (and the bottom line).

As we hinted at, public EV infrastructure also plays a crucial role in keeping EV fleets powered up. The ability to stop and charge at public EV charging facilities, like charging hubs, means fleet vehicles can charge without returning to the depot.

Another advantage for fleet owners to consider are the opportunities for fleet owners to leverage government incentives, tax credits, and reduced operational costs associated with electric vehicles. The long-term savings on fuel and maintenance expenses can offset the initial investment in charging infrastructure, making the transition to an electric fleet financially viable.

However, managing those EV charging stations, monitoring their usage, performance, and power loads comes down to the charging platform management system (CPMS).

The Role of Your CPMS and EV Fleet Management

The CPMS is, effectively, what allows fleet managers and operators to control and manage all aspects of vehicle charging. From insight into charging stations to helping balance power across multiple charging stations, choosing the right EVSE provider, for many fleets, comes down to the functionality and performance of the CPMS.

While EV charging stations provide the charge point, it’s the CPMS that acts as your EV charging nerve center. In short, it’s a centralized platform for monitoring, controlling, and optimizing your charging stations.

Not only can it provide real-time communication between charging stations and the fleet management system, but it also allows fleet operators to remotely monitor and manage the charging status of each vehicle. This level of flexibility and connectivity ensures fleets are charged and ready for deployment when needed.

Further, a CPMS can help fleet managers leverage advanced data analytics to provide actionable insights into charging patterns, energy consumption, and overall fleet performance. This data can help fleet owners make informed decisions about charging schedules, energy usage optimization, and infrastructure expansion. In turn, fleets can enhance operational efficiencies and realize cost savings through effective energy management and reduced maintenance costs.

Finally, the CPMS plays a pivotal role in demand management and load balancing. A flexible system can automate and dynamically allocate charging resources based on fleet requirements, energy demand, and grid capacity, thus ensuring a balanced and efficient use of available power.

In short, while your EV fleet is being powered up at EV charging stations, it’s the CPMS, behind the scenes, that’s helping it all happen in a way that optimizes your efforts. And, when combined with AI tools, telematics, and more, optimizing EV fleets for performance, reliability, and efficiency will continue to grow easier…and smarter.

The Future of Smart Technology and EV Fleet Management

The integration of smart technology into fleet management systems will continue to improve the way fleet owners view their operations and fleet electrification. In fact, advancing technology will only continue to enhance the efficiency, sustainability, and cost-effectiveness of electric fleets.

One of the key elements contributing to the future of smart technology in EV fleet management is the implementation of intelligent charging infrastructure. Smart charging stations equipped with robust CPMS’s that provide real-time monitoring and data analytics will allow fleet managers to optimize charging schedules, minimize downtime, increase vehicle and charger availability, and reduce energy costs.

A powerful and transparent CPMS can dynamically adjust charging rates based on grid demand, ensuring fleets are charged at the most cost-effective and environmentally friendly times.

Additionally, innovations in telematics and the increasing power of the Internet of Things (IoT) will play an important role in enhancing fleet management. Real-time data and visibility into vehicle health, performance, and location, allows fleet managers to make informed decisions, even on the fly, to improve operational efficiency.

The future of smart technology in EV fleet management is promising. From intelligent EV charging infrastructure and powerful charging platform management systems to IoT devices, AI, and V2G technology, fleet owners will be empowered to make data-driven decisions that optimize operations.

Fleet electrification is on the rise and, unsurprisingly, so is the technology that supports it. When choosing your EVSE provider for your EV fleet, make a future proof choice that offers unparalleled control, flexibility, and visibility into your fleet and your EV charging stations.

Ready to learn how NovaCHARGE meets those needs? Get in touch and let’s talk.