Will Autonomous Electric Cars Impact Small Business Auto Fleets?
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4. Reduced capital costs.
GM just invested $500 million in Lyft, a ride service company. This investment reflects the capital cost reality that today’s average car costs $33,000. Mobility as a service will grow in its cost competitiveness against traditional buying or leasing. This cost saving potential will accelerate as autonomous cars, versus human driven cars, are the preferred ride sharing option.
5. Reduced maintenance costs.
Electric cars are less costly to maintain than combustion engine cars. For example, electric cars do not require oil changes. Electric cars have fewer parts. Like an iPhone, electric car technology can be upgraded through software. Electric cars will have lower costs for maintenance parts and labor.
6. “Free” renewable electric charging.
I wrote an article called “Solar is getting weird” after working with homeowners who have installed roof top solar system and then bought an electric commuter car. What these homeowners discovered is that they could pay for their solar system through utility bill savings and still have enough solar electricity to recharge their electric car. How long before businesses discover this same path to “free electricity?”
The emerging technology path is for fleet managers is to install onsite solar to lower both their facility costs and vehicle fuel costs.
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