Opportunity

Electric vehicle technology has progressed rapidly in recent years, to the point where it is now commercially viable for fleets owners to operate EVs instead of internal-combustion engine vehicles. With existing subsidies and advancing battery technology, the ROI today makes EVs the optimal choice for tomorrows fleet. Prototypes have shown technological feasibility, and now a commercial solution is available at a viable price.

Why Electric?

Electric Advantages

3 reasons to switch to electric

Efficiency

Electric motors have an efficiency of up to 95%, compared to 25% for internal combustion engines. Round trip efficiency of electricity, from the grid to the wheel, can be maintained over 80%. Electric vehicles can perform powerful regenerative braking, increasing the overall vehicle range and reducing overall vehicle maintenance. Less moving parts equates to less maintenance.

No Emissions

No combustion, no fuel, no green house gases or other pollution. The vehicles are clean and offer a quieter ride for the driver and better environment for surrounding pedestrians.

Compatible with renewable energy

With the industry-wide progress in solar & renewable technologies, forecast now indicate that the electric grid will become greener every year, unlike the emissions from an internal combustion engine, which tend to increase after each year of operation.

Market Trends

Electricity is getting more accessible

Dropping battery cost

Worldwide lithium-ion battery cost are reducing while the global production capacity is increasing. Soon will come the time where it become much cheaper to drive electric than any other option currently on the market.

Increasing energy density

A century ago, lead acid batteries were used in New York to power the first taxi fleet. With energy density around 25 Wh/kg, about one ton of batteries would give only 70 km of range. Now, lithium ions have show their superiority over older nickel-metal hydrides (NiMH) or nickel-cadnium (NiCd). With cells reaching over 200 Wh/kg, new battery packs offer range over 300 km and can be recharged in few minutes rather than being swapped. The battery industry has showcased the safety, durability and reliability of li-ions and they have established their position on the market becoming better and cheaper over the years.

TCO Shift

NEC's ROI

Nordresa can offer a total cost of ownership (TCO) which will is significantly lower than actual gasoline or diesel options. Taking into account the cost of energy, higher efficiency, and lower maintenance, the NEC becomes significantly cheaper to operate and maintain over a 10 year period.