Teletrac Navman launches new EV product

Teletrac Navman has added a new web-based automated artificial intelligence (AI) tool to help fleet operations make the switch to electric vehicles (EVs).

The EV Readiness Tool integrates with Teletrac Navman’s fleet management and tracking platforms and analyses telematics data to provide operators with recommendations of where EVs could be adopted.

The company says the tool will tell operators the feasibility of switching, the total cost of ownership of an EV switch against the existing fleet (purchase price, residual value, taxes, insurance, maintenance, electricity costs), as well as CO2 and fuel savings.

Barney Goffer, UK product manager at Teletrac Navman, said: “We all know a major EV transition is coming soon but it’s still an unknown space for a lot of operators.

“However, in the long-term it’s best practice to start considering which vehicles are already viable for that switch and where financially feasible, begin the changeover.”

The EV Readiness tool uses AI with historical telematics data to provide evaluation for fleet operators.

Goffer said: “The EV Readiness Tool’s AI uses the power of AI to help our customers go from data to decisions and see where they can electrify, making it a quicker, easier, and more informed discussion with internal stakeholders and financial decision makers within the business as to the best road to take towards their future electric fleet.”

The new web-based AI tool also recommends EVs to switch to and advice on how many and what type of charges are required to run the vehicles.

It can also calculate the cost of the chargers, as well as where they should be located to ensure no loss of battery based on the trips being undertaken, says Teletrac Navman.