Saving Money with Electric Vehicle Leasing: A Case Study of City Fleets

The Electrification Coalition (EC) recently released a new case study from the Climate Mayors Electric Vehicle Purchasing Collaborative (the Collaborative). This case study discusses the advantages and challenges of leasing electric vehicles (EVs) and highlights three cities that have benefited from this purchasing structure. Through the Collaborative’s resources, city staff were able to identify suitable fleet vehicles for replacement and achieve significant savings on EVs through the federal electric vehicle tax credit. The case study outlines several different leasing structures for short- and long-term ownership of fleet vehicles and the savings attainable through cooperative purchasing contracts.  

 Read the case study here.

The Collaborative is a joint effort by Climate Mayors, the Electrification Coalition and Sourcewell working towards accelerating the transition of city fleets to electric vehicles (EVs). By creating a new and innovative cooperative purchasing mechanism, the Collaborative can reduce major barriers to fleet electrification for cities and other public agencies. Climate Mayors is a network of over 400 U.S. mayors who are committed to taking meaningful action on climate change. The Electrification Coalition (EC) is the non-partisan, non-profit organization that leads implementation of the Climate Mayors’ transportation electrification initiative, leveraging its broad experience as a municipal partner in accelerating EV adoption on a mass scale. Sourcewell, a public procurement agency, facilitates a competitive solicitation and award process for vehicles and service equipment on behalf of their 50,000+ members across North America.

The Collaborative’s partners have come together to offer a one-stop platform which connects fleets with a growing selection of EVs and charging stations, transparent pricing, policy guidance, technical resources, assessment tools, and financing options that can monetize the federal EV tax credit (a current challenge for public agencies) to support fleet electrification efforts. The Collaborative also provides public fleets with training, best practices, educational materials, and analysis to support the successful transition of fleets to electric.

Read the case study here.

For more information about how your agency can partner with the Climate Mayors EV Purchasing Collaborative to take advantage of cooperative purchasing and rich technical assistance, please visit  www.DriveEVfleets.org or call  (800) 267-7830.

Amy Malaki

Amy Malaki is the Director of Partnerships and Policy at SkyNRG and SkyNRG Americas, pioneering global leaders in sustainable aviation fuel production and supply. Prior to SkyNRG, Amy was the Associate Director for the transportation portfolio at the ClimateWorks Foundation where she developed philanthropic investment strategies to advance a sustainable, equitable and low-carbon mobility system. She also pioneered the organization’s international aviation decarbonization strategy. Prior to that she focused on Asia business development at Better Place, a Silicon Valley electric vehicle network startup. She has a B.A. in Chinese and China studies from the University of Washington and an M.A. in international policy studies (energy and environment) from Stanford University.