Calamp

  Sticker shock, in addition to range anxiety, is one of the reasons managers hesitate to purchase electric vehicles for their fleet. And yes, many EVs cost more up front than their internal combustion engine (ICE) counterparts. But focusing solely on the price tag is a mistake. In the end, EVs are often the better deal. Calculate the total cost of ownership (TCO) to see whether an EV will save you money over the span of its life in your fleet.  What is the total cost of ownership? TCO is the total cost of buying and owning a vehicle, minus any money you get back. Here’s the formula in a nutshell: Add the purchase price, sales tax, financing and warranty costs, licensing and administration costs, insurance costs and the cost of operating and maintaining the vehicle over the time you plan to own it. Some fleets go as far as including the cost of vehicle downtime due to maintenance. Subtract any rebates or incentives and the money you will recoup when you write off depreciation ...

The power of a simple geofence is striking. Creating these GPS-enabled virtual boundaries in a fleet management software such as CalAmp iOn™ enhances productivity and safety in both obvious and surprising ways. With geofencing, you can configure an automatic notification to inform you when a vehicle has entered or exited a defined area, which can take any shape you wish. You can also get instant geofence alerts on activities within the area and review comings and goings via easy-to-access reports. The information helps you better understand and react to what’s happening with your drivers, your deliveries and even your customers. Not using geofencing yet? Here are eight things geofences can help you do. 1. Limit unauthorized activity You may have already thought to set a geofence around places your drivers aren’t supposed to go during work — the local park or casino, a popular but out-of-the-way fast-food restaurant, the mall, etc.   l. Geofencing these areas on a fleet man...