How to maximise the residual value of an electric fleet
The British Vehicle Rental & Leasing Association (BVRLA) invited Alex Johns, Altelium’s sales development manager, to present to its Residual Value and Remarketing (RVR) forum this month.
Over a hundred fleet managers attended the forum where Alex explained the importance of gathering data about their EVs and understanding battery chemistry.
There is a huge variation in how batteries should be charged and used according to their chemistry and quality, to maximise health and longevity. Obviously, a vehicle with a healthy battery has significantly higher value than one which is near the end of its life.
Knowledge of how to maintain battery health is therefore of crucial importance to fleet managers.
Alex was one of the first people in the UK to operate a fleet of electric vehicles, managing the Tesla fleet at Gatwick airport. Combined with his knowledge from Altelium where real life battery data is enhanced with AI and triangulated against laboratory battery twin testing, Alex is able to offer valuable advice on how to maximise the residual value of a fleet of electric vehicles.
As he explained, having an insured battery warranty which complements the original manufacturer’s warranty can have a huge impact on the resale value of a vehicle, and is at the heart of Altelium’s service to the industry.
Recent news & events
- Electric vehicle remarketing
- Understanding and appreciating risk in battery storage projects
- Long term warranty insurance
- Assurant partners with Altelium to advance battery electric vehicle protection and products
- Fast and efficient ways of obtaining investment for the energy storage market
- Energy systems engineering putting humanity in data
- Battery leasing – baking in problems or better care of resources?
- COP27 corporate environmental transparency
- Unlocking insurance expertise
- Solar and storage sector "turbo boosted"
Journalist Contacts
Nicky Smith
Head of Corporate Communications
Tel: +44 7771 785228
Email: Nicky.Smith@Altelium.com