Abstract:

Electrification of vehicle fleets has gained considerable momentum as many companies involving urban mobility in their operations are committed to reducing their carbon footprint. On the one hand, reduced battery costs, innovative business models, and policy incentives are driving the transition to electric vehicles (EVs) from fuel-powered ones. On the other hand, high purchase costs, limited range, and lack of a well-established charging network continue to be major roadblocks. To overcome these challenges, efficient fleet operation and planning strategies need to be adopted.