Geotab Celebrates World EV Day: Paving the Path for Commercial Electrification through Data Intelligence

SINGAPORE, Sept. 8, 2023 /PRNewswire/ -- The transportation sector is one of the largest contributors to carbon emissions in Southeast Asia (SEA) and one that is well placed to drive electrification in the short term. Over the past several years, SEA has witnessed a significant transformation in the commercial sector with a surge in the adoption of electric vehicles (EVs). According to Mordor Intelligence, the ASEAN EV market is expected to grow from USD 0.86 billion in 2023 to USD 3.54 billion by 2028, at a CAGR of 32.73% during the forecast period (2023-2028).This shift is not just a testament to technological advancements but also to the power of data intelligence. With access to quality data insights from commercial vehicles, organizations in SEA can make more informed decisions about how to successfully integrate EVs into their fleets, including a wide range of makes and models.

"EVs are playing a key role in reducing our carbon footprint, and they can also offer compelling operational cost savings and increased efficiency," said Neil Cawse, CEO of Geotab. "There is a remarkable transition in EV adoption taking place, and the companies experiencing the greatest success are utilizing data intelligence to inform, adjust and drive decisions that impact their business and the planet. It's truly a double bottom line."

"The growing adoption of EVs across the Southeast Asia region signifies a significant stride towards sustainable transportation." said David Brown, Assistant VP, APAC, Geotab. "We are confident in our role as a driving force in supporting this demand and facilitating transformative changes within organizations in SEA. Geotab's solutions such as Electric Vehicle Range Analysis, and Fleet Electrification Knowledge Center provide useful data insights for EV integration to empower businesses across Southeast Asia in their journey towards sustainable and data-driven operations.

How data is advancing electrification

Benefits to the bottom line

• According to Geotab's 'Greening the Fleet' survey, 54% of fleet professionals are embracing EVs. They're witnessing reduced fuel use and CO2 emissions, showcasing a future driven by informed choices. Interestingly, 69% of respondents reported that their fleet sustainability data helped reduce operating costs in the past year.

Real-world impact

• Shaziman Transport, a petroleum transportation company operating in Southeast Asia, adopted Geotab's telematics system to enhance sustainability while transporting various petroleum products and chemicals. By implementing predictive maintenance, managing driver behavior, reducing idling, and analyzing data insights, Shaziman successfully reduced carbon emissions, minimized fuel waste, and improved overall environmental performance.

Data from a wide range of makes and models

• Despite the rapid growth of the EV industry, SEA fleet managers face the challenge of a lack of standardized vehicle information. Through Geotab's technology and reverse engineering process, the company offers comprehensive data insights for more than 300 EV makes and models which provides fleet managers in SEA with the information needed to make informed decisions for fleet electrification and sustainability goals, such as vehicle range, efficiency and state-of-charge.

Addressing Challenges

• Geotab's Electric Vehicle Range Analysis, based on more than 3 million EV trips, provides the industry with insights into the interplay of temperature, speed and vehicle range. This real-world analysis aims to increase confidence in EV technology and build awareness of EV optimization strategies.
• Geotab's Fleet Electrification Knowledge Center serves as a comprehensive industry resource, spotlighting the benefits, challenges, and success stories of EV adoption, implementation and optimization for commercial fleets.

Fleets play a significant role in the shift to electric vehicles and clean transportation. Data intelligence is essential to informing sustainability plans, measuring progress and scaling decarbonization. To learn more about Geotab's sustainable fleet solutions, visit https://www.geotab.com/sustainability-journey/.

Geotab is a global leader in connected transportation solutions. We provide telematics - vehicle and asset tracking - solutions to over 47,000 customers in 150 countries. For more than 20 years, we have invested in ground-breaking data research and innovation to enable partners and customers, including Fortune 500 and public sector organisations, to transform their fleets and operations. We connect over 3.6 million vehicles and process more than 55 billion data points a day so that customers can make better decisions, increase productivity, have safer fleets, and achieve their sustainability goals. Geotab's open platform and Marketplace, offers hundreds of third-party solution options. Backed by a team of industry leading data scientists and AI experts, Geotab is unlocking the power of data to understand real-time and predictive analytics - solving for today's challenges and tomorrow's world. To learn more, visit www.geotab.com/apac, follow @GEOTAB on Twitter and LinkedIn or visit the Geotab Blog.

SOURCE Geotab