Fleet Details

1500

e.g. Tesla Model 3 / Chevy Bolt

20300
100365
$2.50$6.00
$0.07 (cheap)$0.30 (expensive)

$167,000 saved over 10 years

Fleet of 10 sedan / cars · 200,000 total miles/year · EV fleet pays back in 2.8 years

$16,000
Annual Fuel Savings
vs current fuel
$7,200
Annual Maint. Savings
40% lower
$23,200
Total Annual Savings
operational
36.3 t
CO₂ Saved
per year

Annual Cost Breakdown

Cost CategoryGas FleetEV FleetSavings
Fuel / Electricity$22,500$6,500+$16,000
Maintenance$18,000$10,800+$7,200
Total Annual Operating$40,500$17,300+$23,200

Capital Investment & Payback

$280,000
Gas Fleet Purchase
10 × $28,000
$420,000
EV Fleet (gross)
10 × $42,000
$345,000
EV Fleet (after credits)
$75,000 federal credit

Payback period: The higher EV capital cost is recovered in 2.8 years through operational savings. After that, the EV fleet saves $23,200/year indefinitely.

Federal commercial EV credit: up to $7,500/vehicle (cars <14,000 lbs) or $40,000/vehicle (heavy vehicles) under IRS Section 30D/45W. State incentives not included. Consult a tax advisor.

10-Year Total Fleet Cost of Ownership

Cumulative cost including purchase + operational expenses (no residual value)

5-Year Total Cost

Gas fleet$482,500
EV fleet$431,500
EV Savings+$51,000

10-Year Total Cost

Gas fleet$685,000
EV fleet$518,000
EV Savings+$167,000

Want a Custom Fleet Analysis?

Our fleet electrification experts can model your exact routes, duty cycles, charging infrastructure, and total incentive stack — including state, utility, and NEVI funding.

Fleet EV ROI — Frequently Asked Questions

How much does a commercial fleet save by switching to EVs?

Commercial EV fleets typically save 40–70% on fuel costs and 30–50% on maintenance vs. equivalent gas or diesel vehicles. For a 50-vehicle fleet driving 100 miles/day, annual savings often exceed $200,000.

What federal tax credits are available for fleet EVs?

The §30D Commercial Clean Vehicle Credit provides up to $7,500 per passenger vehicle and up to $40,000 per heavy vehicle (GVW >14,000 lbs) — typically limited to the lesser of 30% of vehicle cost or the §30D cap.

What is the typical payback period for fleet electrification?

After federal tax credits, most commercial fleets achieve payback in 2–5 years depending on vehicle type, mileage, local fuel/electricity rates, and available incentives. High-mileage delivery fleets often pay back in under 3 years.

Which vehicle types save the most by going electric?

Delivery vans and cargo vans see the highest ROI because they drive high daily mileage and stop-and-go driving maximizes regenerative braking efficiency. Electric delivery vans like the Rivian EDV can save over $12,000 per vehicle per year vs. diesel alternatives.