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Ride Radar > Blog > Electric Vehicle > Commercial financing for EVs is way different than you think
Electric Vehicle

Commercial financing for EVs is way different than you think

Last updated: April 22, 2025 9:55 pm
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Fleet financing for electric vehicles (EVs) can be daunting, but it doesn’t have to be. In a recent episode of Quick Charge, fleet financing expert Guy O’Brien shared insights on how fleets can overcome the up-front obstacles to commercial EV adoption. Despite the recent uncertainty surrounding EVs and EV infrastructure at the Federal level, O’Brien emphasized that now is actually the perfect time to make the switch to electric.

One of the main concerns for fleets looking to electrify their operations is the cost. With traditional fuel-powered vehicles, the initial investment can be high, making it difficult for fleets to justify the switch to EVs. However, O’Brien highlighted that there are financing options available specifically tailored for commercial EV adoption. These financing solutions can help offset the initial costs and make the transition to electric more feasible for fleets of all sizes.

The conversation on Quick Charge also addressed the current state of EVs and how the ongoing developments in the industry are creating opportunities for fleets to capitalize on reduced fuel costs and total cost of ownership. With the advancements in EV technology and the growing availability of charging infrastructure, fleets have more reasons than ever to consider electrifying their operations.

For those who prefer to listen to podcasts, Quick Charge is now available on platforms like Apple Podcasts, Spotify, and TuneIn, offering audio-only versions of the show for on-the-go listening. New episodes are recorded regularly, providing up-to-date information on the latest developments in the world of electric vehicles.

If you’re interested in going solar to further reduce your fleet’s carbon footprint, EnergySage is a valuable resource for finding trusted and reliable solar installers. By getting quotes from multiple installers, you can compare pricing and find the best solution for your fleet’s solar needs. Plus, EnergySage offers access to Energy Advisors who can guide you through the process and help you save money on solar installation.

See also  Huawei begins commercial pilot operation of valet parking driver function at Shenzhen airport

Overall, the key takeaway from the discussion on Quick Charge is that fleet financing for EVs doesn’t have to be a barrier to adoption. With the right financing solutions and a commitment to sustainability, fleets can make the switch to electric and reap the benefits of reduced operating costs and environmental impact. Now is the time to embrace the electric revolution and drive towards a cleaner, more sustainable future.

TAGGED:commercialEVsfinancing
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