Fleet Charging Solutions: Drive Smarter with Sawatch Labs and WEX EV Depot
The shift towards electric vehicles (EVs) is rapidly unfolding for fleet operators, and the benefits of EV adoption are clear. However, as fleets evolve, managers are looking for an efficient and cost-effective charging solution across different types of chargers and fueling options. Recognizing this challenge, WEX has introduced EV Depot, a new WEX Fleet Card feature streamlining EV charging payments to include private, public, and at-home chargers.
To truly optimize EV fleet operations and maximize the return on investment in charging infrastructure, strategic intelligence becomes important. As an industry leader in EV fleet analytics, Sawatch Labs, a WEX company, provides data-driven insights to help organizations determine where to deploy depot charging based on operational data.
The Power of Data-Driven Depot Charging Decisions for Mixed-Energy Fleets
The transition to fully-electric fleets typically includes a period where companies operate a mixed-energy fleet first. A recent Frost & Sullivan report, commissioned by WEX, indicated that 80% of fleet operators surveyed plan for at least 25% of their fleets to be EVs by 2030. This shift necessitates a comprehensive approach to managing both fuel and charging, especially at private depots.
Deploying EV chargers without considering vehicle traffic or charging needs can lead to underutilized assets and missed optimization opportunities. Sawatch Labs' approach eliminates this guesswork. We use sophisticated data analytics to help fleet operators answer critical questions regarding their depot charging infrastructure. This pre-work ensures that any action taken aligns with the broader needs of a business’s mixed-energy fleet. The questions include:
Where is depot charging most needed within the context of overall fleet operations? By analyzing vehicle routes, operational patterns, and dwell times for both internal combustion engines (ICE) and EVs, Sawatch identifies optimal locations for your private charging infrastructure and when your vehicles may need to charge in the wild. These insights, paired with WEX’s En-Route and EV Depot network, can help you determine optimal public and private charging locations.
What is the optimal number and type of chargers required at each depot location? Understanding fleet size, the mix of EV and ICE vehicles, and their respective operational demands allows for proper sizing of the charging infrastructure, preventing both undercapacity and overinvestment. If you find yourself with under-utilized chargers, you can leverage WEX EV Depot to open your chargers up to other fleets based on your schedule, allowing you to monetize the extra capacity.
How can infrastructure investment align with future fleet growth and the increasing prevalence of EVs? Our insights help you plan for the long term, ensuring your charging infrastructure can scale as your EV fleet expands. This is done as a complement to your existing fuel management strategies.
This data-driven approach transforms depot charging from a potential logistical challenge into a strategic advantage for an evolving mixed-energy fleet.
Unlocking ROI and Efficiency with Sawatch Labs and WEX EV Depot for Comprehensive Charging Management
When managing a mixed-energy fleet, you will want to maximize the return on your investment while also maximizing the operational efficiency of the electric vehicles in your fleet. To best accomplish this, you’ll want to develop a strategic charging infrastructure across all your locations, including whatever private depots you may have in place. Sawatch Labs' data-driven insights and the streamlined payment system of WEX EV Depot when combined offer just the solution to build efficiencies and ROI all in one payment solution. Here's how this collaboration positions these wins across an entire charging ecosystem:
For Fleet Managers and Operators: Gain comprehensive visibility into all charging needs (depot, public, at-home) alongside fuel transactions, optimize charging schedules to reduce downtime at private locations, and make informed decisions on infrastructure deployment for improved overall fleet operations.
For Business Executives: Maximize the return on investment of your EV infrastructure by charging using the WEX fuel card network. This will allow you better energy expense management within your broader fleet budget.
For Sustainability and Environmental Managers: Gain efficiencies across all EV charging locations, leading to a more impactful reduction in emissions and contributing to sustainability targets for the entire fleet.
With insights from Sawatch Labs, fleet operators using the WEX Fleet Card can ensure their private depots are conveniently located and strategically positioned to boost efficiency and lower costs across a mixed-energy fleet.
Driving Efficiency Across Industries with Intelligent EV Charging Strategies for a Mixed-Energy Future
Whether you oversee a government fleet dedicated to public service, a commercial network focused on timely deliveries, or a utility company managing a mobile workforce, the strategic deployment of an EV charging infrastructure is a common challenge. Sawatch Labs understands the unique operational demands of each sector when navigating the transition to a mixed-energy fleet. For that reason, Sawatch provides tailored, data-driven insights for you to meet each specific need you face.
Our approach ensures that investments in depot charging are both optimized for your specific operational needs and also contribute to your business’s broader efficiency and sustainability goals. All of this is accomplished while improving your bottom line. By leveraging our expertise, organizations can confidently navigate the complexities of fleet electrification. Your charging infrastructure, supported by the WEX Fleet Card, is thus strategically aligned with your business objectives.
Take the Next Step Towards Intelligent Fleet Electrification
Explore how Sawatch Labs' data-driven insights can optimize your depot charging strategy and potentially improve your ROI.