The $2.1 Billion Case For Building A Federal EV Fleet
The U.S. government’s garage is full of tired, old gas guzzlers costing $1 per mile, mostly in fuel and maintenance. The $2.1 Billion Case For Building A Federal EV Fleet
If President Joe Biden’s administration is going to replace the entire federal vehicle fleet with fully electric vehicles, as promised, it will need trucks and vans — lots of them.
An analysis of Uncle Sam’s garage found an aging, expensive crush of big rigs — some 645,000 vehicles in all, almost two-thirds of which are trucks. Another 9% of the fleet is vans and buses. If U.S. automakers want to cash in on a federal fleet overhaul, they would be wise to accelerate efforts to electrify their largest models; none of these large models has been electrified — at least not at scale.
The U.S. Postal Service accounts for slightly more than one in three federal vehicles and almost all of its rigs are trucks. The government solicited bids for a new mail-hauling machine six years ago and has yet to name a winner. If the Biden administration wants to make quick progress on its blanket electric vehicle policy goal, a plug-in postal truck seems like a must.
Not only are the government’s rigs big and thirsty, they are tired. The average fed-mobile is almost 15 years old, three years more senior than the typical car or truck on U.S. roads (the mail trucks are particularly creaky; nearly 22 years old, on average).
What’s more, taxpayers are paying about $1 per mile for these machines. Of the $4.4 billion the government spends on vehicles each year, nearly half of that goes to fuel and maintenance.
For Biden’s policy team, the line items add up to a compelling case for a mass EV swap. Although the initial outlays would be steep, a fleet of electric mail trucks, police cruisers and border patrol pickups — to name a few use-cases — would be cheaper to top off and wouldn’t require oil changes, spark plugs, oxygen sensors or many of the costly items required to keep running an engine driven by small explosions.
Cash For Clunkers
With high tallies for both fuel and maintenance, the U.S. vehicle fleet costs almost $1 a mile to stay on the road.
Ironically, government vehicles aren’t used incessantly. While the average U.S. driver logs almost 14,000 miles a year, most federal agencies average well less than 10,000 miles per vehicle. The Postal Service, for example, covers 1.3 billion miles a year — twice as much as any other agency.
Though, that breaks down to less than 6,000 miles per rig. What’s more, the miles are on predictable schedules and involve a minimum of 600 stops, a work pattern that drastically improves the economic case for an electric fleet.
Even if the Biden administration is able to successfully make its case to go electric, shopping won’t be simple. Biden has repeatedly buttressed his EV argument by saying it will create jobs; indeed, it would almost have to.
The majority of the vehicles Uncle Sam needs simply aren’t electric yet. And those that are battery powered, would have trouble clearing the president’s thresholds for union participation and domestic production.
Ford Motor’s electric van, for example, isn’t slated to come off the assembly line until later this year. An electron-driven version of its F-150 pickup isn’t expected until 2022. Hitching on to a heavy federal contract would help a company like Ford bridge the economic gap between now — when large electric vehicles are still tough to make a profit on — and the near future, when costs are expected to level with gasoline machines.
For now, the government has just 3,215 electric vehicles, mostly owned by the Navy. As slow as the private sector in the U.S. has been to adopt EVs, federal car shoppers have been slower. Biden is stomping on the accelerator, though time will tell how the machine responds.
The $2.1 Billion Case,The $2.1 Billion Case,The $2.1 Billion Case,The $2.1 Billion Case,The $2.1 Billion Case,The $2.1 Billion Case,The $2.1 Billion Case,The $2.1 Billion Case,The $2.1 Billion Case,The $2.1 Billion Case,The $2.1 Billion Case,The $2.1 Billion Case,The $2.1 Billion Case,The $2.1 Billion Case,The $2.1 Billion Case,The $2.1 Billion Case,The $2.1 Billion Case,The $2.1 Billion Case,The $2.1 Billion Case,The $2.1 Billion Case,The $2.1 Billion Case,The $2.1 Billion Case,The $2.1 Billion Case,The $2.1 Billion Case,
Related Articles:
US Productivity Falls 4.8% In The 4Th Quarter To Mark Biggest Drop Since 1981
Senate Democrats Move To Put Biden $1.9 Trillion Stimulus Plan On Fast Track
Biden Lays Out His Blueprint For Fair Housing
McConnell Says He’ll Make Deal, Backs Off On Filibuster
Biden’s Student Loan Freeze Shows Path To Erase Billions Of Debt
Trump Leaves Town An Outcast, Trailed By Record Pandemic Deaths And Job Losses
Trump Turned Republicans Into Losers
Trump Ends Historically Unpopular Presidency With 34% Approval
After Capitols Become Fortresses, Far-Right Protesters Are Mostly A No-Show
Bank of America Sued Over EDD Unemployment Debit Card Fraud #GotBitcoin
Civil Rights Groups Warn Of A Grim Future For Black Voters Without Court Intervention
Internet Detectives Make Up To $1000 Identifying Pro-Trump Rioters. Some Have Already Been Fired
CEOs Consider Ways To Smooth Biden’s Presidential Transition, Including Holding Back Campaign Money
Cash-Strapped Americans Are Drawing Down Savings As Pandemic Divisions Widen
Democrats Take Senate Control With Georgia Wins
Financial Inequality Grouped By Race For Blacks, Whites And Hispanics
Google Staff Launch Union, Escalating Tension With Leaders
China Tells Inefficient Firms To Toughen Up Or Prepare To Fail
Nigerian Stocks Head For Best Annual Run Since 2013
The Goldman Sach’s Solution Could Work Out Fine For Alibaba’s Jack Ma
Investors Double Down On Stocks, Pushing Margin Debt To Record
Trump Signs Virus Relief Bill After Deriding $600 Checks
How The Central Bank Collapse Will Likely Play Out #GotBitcoin
Housing Boom Brings A Shortage Of Land To Build New Homes
Africa’s Richest Man Initiates Nigeria’s First Share Buyback
Mar-a-Lago Neighbors Tell Trump That They Don’t Want Him To Live There
Trump Strutted Like A Player, Then He Got Played
Meet The Electoral College, America’s Most Important Voters
Supreme Court Rejects Texas Challenge To Biden’s Victory In Presidential Election
Unsold US Hotel Rooms Near 1 Billion As Lodging Crisis Deepens
Hunter Biden Says His Taxes Are Under Investigation
Lawyers Across The Country Urge Bar Associations To Investigate Trump’s Legal Team
Did Rudy Giuliani Fart Twice At A Michigan Election Fraud Hearing?
‘Jim Crow’ Land Ownership Spurs Black Farmers’ Appeals To Biden
Can President Trump Pardon Himself And His Family?
Historians Sue To Force Trump Administration To Preserve Records
Bribes For Presidential Pardons Scheme Investigated by DOJ
Why Withholding Evidence Until They (Giuliani/Trump) Gets To The Supreme Court Is A Stupid Idea
Pro-Trump Group Donor Sues Administration Over Failure To Expose Election Fraud
Giuliani Drops Sidney Powell As Trump ‘Strike Force’ Splits
Joe Biden The Oldest President Ever Will Help Young Americans Confront A Generational Wealth Gap
Biden Asks For Donations To Fund Transition
Governor Cuomo Gets Emmy For ‘Leadership’ During Pandemic. Trump Gets Nada, Zip, Bumpkis, Zelch!!
Fed To Return Lending-Backstop Funds To Treasury As Requested #GotBitcoin
Thriving New York Times, Fox News Ponder A Post-Trump Scenario
Trump Unveils ‘Platinum Plan’ For Black Americans (BS!!!) #GotBitcoin
The Record Economic Boom Is A Mirage! Just More Trump BS! Keep Moving #GotBitcoin
US States Face Biggest Cash Crisis Since The Great Depression (#GotBitcoin?)
Trump Issues Executive Order Making Some Civil Servants Easier To Hire And Fire
Black Homeowners Pay $13,464 More On Their Mortgages, Study Says
Trump Weighs Prospect Of Defeat After Insulting Both Seniors AND Women
Wealthy Nations Defy Trump With Debt Lifeline To Ailing Cuba
Who Is Helmut Norpoth And Why Does He Say Trump Will Win Big?
Companies Raise Inability-To-Pay Claims Amid Pandemic, Justice Department Official Says
Homeland Security To Grant Millions To Groups To Combat White Supremacists And Other Extremists
Prediction (Betting) Market Doubts Trump Will Complete First Term After COVID-19 Diagnosis
Trump Used Facebook To Try And Convince 3.5 Million Black Americans Not To Vote In 2016
Trump’s Tax Revelation Destroys Successful Business Mogul Image
Cost Of Racism: U.S. Economy Lost $16 Trillion Because Of Discrimination, Bank Says
Bloomberg, Others Rack Up $20M To Register 32K Florida Felons Deeming Them “Time Served”
Some Wealthy Americans Are Already Prepping Their Finances For A Joe Biden Presidency — Here’s How
Kamala Harris Woos Black And Latino Voters As Joe Biden’s Running Mate
Biden Appeals To Florida Latinos As Polls Show Trump Gaining
Poll: Should Trump As A Civilian Face Class-Action Lawsuits For Minimizing Severity Of Covid19?
Trump As A Civilian To Face Avalanche Of Lawsuits!!!!
Trumponomics Forces Amazon Drivers To Hang Cellphones From Trees Desperate To Get Gigs
Trump Is Silent While Russian Navy Conducts Biggest Drills Near Alaska Since Soviet Era
Open Letter To Supporters of The Draft-Dodger-In-Chief!
Right-Wing Facebook MEGA-Troll Wall-Of-Shame
Donald Law And Order Trump Encourages People In North Carolina To Vote Twice, Which Is Illegal
Here’s Why No Bankers Go To Jail (#GotBitcoin?)
Cities With Republican Mayors Also Had Protests Which Resulted In Property Damage
Trumponomic’s Furloughs Turn Into Permanent Job Losses (#GotBitcoin?)
Trump White House Commits Multiple Hatch Act Violations In Re-Election Attempt
After Three Years of Attacking L.G.B.T.Q. Rights, Trump Suddenly Tries Outreach
Scrapping Payroll Tax Without Replacement Would Hit Social Security Benefits By 2021 (#GotBitcoin?)
Money Funds Waive Charges to Keep Yields From Falling Below Zero (#Bitcoin?)
Millions of US Jobs To Be Lost For Years, IRS Projections Show (#GotBitcoin?)
Kellyanne Conway To Leave White House As Trump Divisiveness Indeed Hits Close To Home
The US National Debt Has Exceeded The Total Value Of The GDP (#GotBitcoin?)
When The Stock Market And Economy Becomes Disconnected (#Bitcoin?)
Donald Trump, Peter Navarro (Trade Adviser) And A $765 Million Loan To Kodak That Deal Blew Up
Steve Bannon Joins Six Other Criminally Charged Ex-Trump Advisers
Trump Calls For Goodyear Boycott Amid Outrage Over ‘MAGA’ Ban
Trump’s Big Donors From 2016 Want Nothing To Do With Him This Year
State Budgets Hit Hard By Trumponomics Create A Drag On U.S. Recovery
Joe Biden-Kamala Harris Ticket Makes Debut After Historic VP Pick
Biden, Obama Release Campaign Video Applauding Their Achievements
Small Businesses Brace For Prolonged Crisis, Short On Cash And Customers (#GotBitcoin?)
Ultimate Resource For Violations of The U.S. Constitution Including “Money” And Coronavirus
Trump Campaign Forced To Use Tele-Rallies As Coronavirus Cases Surge
Roger Stone Uses Racial Slur In Live Radio Interview With Black Host
The Fed Is Setting The Stage For Hyper-Inflation Of The Dollar (#GotBitcoin?)
The Next Phase Of The Retail Apocalypse: Stores Reborn As E-Commerce Warehouses
Republicans Alarmed By Democratic Senate Hopefuls’ Fundraising Haul
American Airlines Plans To Furlough Up To 25,000 Workers This Fall (#GotBitcoin?)
Consumer Appetite For Cars, Homes Bolsters U.S. Economy
Banks Get Ready For Wave of Recession-Led Loan Defaults (#GotBitcoin?)
32% of U.S. Households Missed Their July Housing Payments
What You Need To Know About The New Small-Business Bankruptcy Laws
Police Wrestle With Surge In Crime In U.S. Cities Amid Defunding Efforts
Here’s An Investment That Perfectly Tracks The Economy
Fed, Treasury Disagreements Slowed Start of Main Street Lending Program
When A Texas Oil Boom Goes Busts
Trump Takes Cognitive Test And Can Identify A Rhino vs A Camel
Don’t Know How Much Stimulus Is Needed? Put It On Autopilot, Some Say
Colorado Police Chief Fires Three Officers Over Reenacted Chokehold Placed On Elijah Mcclain
Republicans Give Trump Labor Day Deadline To Turn Things Around. After That, He’s On His Own
Chapter 11 Business Bankruptcies Rose 26% In First Half of 2020
Chaotic Trump Administration Plus Russian Bounty Intelligence Equals Loss Of American Lives
Supreme Court Orders Restructuring of Consumer-Finance Watchdog
Reddit, Acting Against Hate Speech, Bans ‘The_Donald’ Subreddit
Private Equity’s Trillion-Dollar Piggy Bank Holds Little For Struggling Companies (#GotBitcoin?)
TikTok Teens Overload Trump’s Online Store With Orders Only To Abandon Shopping Cart
Fed Stress Test Finds U.S. Banks Not Healthy Enough To Withstand “Few Quarters” Economic Downturn
Elizabeth Warren Was Right About Whacky Stockmarket Fundamentals (#GotBitcoin?)
Two Of The Latest High-Profile Trump Resignations
US Banks Have Seen A Record $2 Trillion Surge Of Deposits Since The Coronavirus Crisis Began
Leave a Reply
You must be logged in to post a comment.