Ceres announced the launch of a new alliance to help companies accelerate the transition to electric vehicles, a key component of tackling the climate crisis.
The Corporate Electric Vehicle Alliance will help member companies make and achieve bold commitments to fleet electrification, and is expected to boost the electric vehicle market by signaling the breadth and scale of corporate demand for electric vehicles — expanding the business case for the production of a more diverse array of electric vehicle models. It will also provide a platform to coordinate support for policies that enable fleet electrification.
“The climate crisis demands we decarbonise transportation, the highest-emitting sector in the US, and electric vehicles are an essential component of this transition,” said Ceres’ VP of Climate and Energy Sue Reid. “With companies controlling more than half the vehicles on the road in the US today, they have a tremendous role to play in leading the transition to electric vehicles, both in terms of electrifying their own fleets and in leveraging their buying power to send a strong market signal to automakers and policymakers alike. The Corporate Electric Vehicle Alliance is where the rubber hits the road.”
Companies also have a clear economic incentive to electrify their fleets. Electric vehicles present significant benefits to companies, including cost savings on fuel and maintenance, reduced greenhouse gas (GHG) emissions, freedom from reliance on volatile oil and gas prices, improved driver safety, enhanced company reputation, and bolstered workforce recruitment and retention.
Ceres launched the Corporate Electric Vehicle Alliance to address the fact that the electric vehicle market is advancing, but not fast enough to meet the needs of every company. Automakers are not producing the necessary range of light-, medium-, and heavy-duty electric vehicle models at the economies of scale many fleet operators need. There are also opportunities for an improved state and federal policy landscape to accelerate development and deployment of electric vehicles and infrastructure at scale.
The Corporate Electric Vehicle Alliance helps address these challenges by providing a platform for members to collaborate to identify challenges and potential solutions, and to leverage aggregate corporate demand for production of new and increased volumes of EV models and achieve EV market growth and economies of scale. The alliance will help in adoption of supportive policies and the removal of policy barriers, and lead to peer-to-peer learning with regard to industry best practices.
The Corporate Electric Vehicle Alliance’s flagship members are Amazon, AT&T, Clif Bar,Consumers Energy, DHL, Direct Energy, Genentech, IKEA North America, LeasePlan, Lime, and Siemens. These members operate some of the largest fleets in the US. Some have already made significant commitments to electric vehicles, and will look to the Corporate Electric Vehicle Alliance to help them meet their goals.
Ceres is a sustainability nonprofit organisation working with the most influential investors and companies to build leadership and drive solutions throughout the economy. Through powerful networks and advocacy, Ceres tackles the world’s biggest sustainability challenges, including climate change, water scarcity and pollution, and inequitable workplaces.