The Coronavirus pandemic is creating two distinct schools of thought in terms of how fleets are planning their future, according to Fleetcheck.
The software company said that two schools of thought are emerging, with some businesses electing to push ahead with strategies including adoption of more electric vehicles and mobility solutions, while others are looking to “dig in” and make the most of existing resources.
“With the coronavirus crisis now in its sixth month, we are starting to see some strong indications of how fleets are planning to approach the next few months as well as into 2021 and beyond,” said Fleetcheck managing director Peter Golding. “It’s an interesting moment because the current situation, while obviously dreadful in most respects, has created time and space for fleets to think and to consider ideas that might once might have been considered too radical to be practical.”
“There appears to be a split on whether to advance or consolidate. Some fleets are very much doubling down on their strategies for the future, especially around electrification, with some businesses looking to accelerate adoption, and push forward in areas such as EV-based salary sacrifice,” Golding continued. “The other main approach appears to be to work to contain costs and maximise efficiency as much as possible through sweating existing assets and refining current processes.”
The difference, according to Fleetcheck’s boss, is often money, with those companies looking to undertake more radical change needing to be able to invest in the new strategy, and much of that comes down to the sectors businesses are operating in.
“Fleets in sectors that are currently doing well – such as delivery companies and online retail – will be able to afford to invest in the future. Those operating in areas such as overseas tourism and hospitality face very different prospects,” he concluded. “It’s not inconceivable that, in a couple of years, we will see that some fleets have rapidly moved forward and are almost fully electrified while others will have not had the resources to advance much beyond their current situation. How many will fall into one camp and how many into the other will generally depend on their individual rates of recovery.”