Navigant and eIQ Mobility Offer Turnkey Electric Fleet Deployments to Utilities and Corporations

Navigant Consulting, Inc. (NYSE: NCI) and eIQ Mobility, Inc. announced they have entered into a strategic alliance to provide turnkey electric vehicle fleet as a service (eFaaS) solutions to clients across North America and Europe. In the U.S. today, fleet operators spend more than $200 billion annually operating and maintaining vehicles, of which less than 1% are currently electrified.

As efforts to decarbonize the global transportation sector gain momentum, the shift to electrified transportation has become a key component. According to Navigant, switching from conventional vehicles to EVs can reduce greenhouse gas emissions as well as operating costs.

"EVs often have a lifetime cost advantage, but fleet conversion can be a challenge and integration can be complex," says Jan Vrins, leader of Navigant's global Energy practice. "Navigant and eIQ Mobility can help simplify the process through eFaaS, offering our clients a seamless service provider for leasing EVs and procuring EV charging stations in bulk on a per-mile basis, resulting in immediate savings."

Navigant and eIQ Mobility will work with utilities and commercial and industrial clients to streamline electrified fleet deployments. The alliance plans to pilot a turnkey guaranteed-cost-per-mile contract that bundles EVs, charging infrastructure, energy, energy management, maintenance, performance tracking, and sustainability reporting.

"Fleets in North America represent a massive market of over 300 billion miles per year that is on the cusp of electrification, but fleet executives need to find solutions to reduce risk in this transition," said Sila Kiliccote, CEO of eIQ Mobility. "That's exactly what eIQ Mobility is doing with our data-driven decision tools and eFaaS solutions. Our existing major fleet customers are very excited. And with Navigant, we can dramatically expand our customer base and execution."

The alliance combines Navigant's innovative research and consulting work in the areas of EVs and mobility, and eIQ Mobility's machine-learning technical and economic feasibility planning tools, which have already been applied to 13 major U.S. fleets, analyzing over 200 million miles traveled.

"Transportation makes up 29% of U.S. greenhouse gas emissions," said Ted Walker, managing director at Navigant. "To tackle growing emissions from the transportation sector, we will start with light-duty vehicles, but expect to quickly move into delivery and services fleets, in particular medium-duty vehicle fleets, which may offer an optimal solution to curb emissions in the near term."

eIQ Mobility | www.eiqmobility.com 

Navigant | navigant.com