Green energy investor breaks into EV charging space to support fleets

A new EV infrastructure business backed by one of the world’s largest green energy investors has launched to support fleet operators with the shift to electric.

Dubbed Fleete, it’s the brainchild of Macquarie Asset Management’s Green Investment Group (GIG) and aims to remove the barriers to commercial EV adoption for bus, truck and LCV operators.

Fleete’s charging-as-a-service model will take care of the entire installation, management and financing of charging infrastructure, with no up-front costs and just a monthly fee.

In addition to ultrafast charging technology said to be best-in-class, users will also have access to Fleete’s proprietary software platform, managing charging schedules and optimising energy consumption.

Smaller clients can also benefit from innovative hybrid hubs that can be used by multiple fleets with vehicles of all sizes, such as taxis and light commercial vehicles.

Mark Dooley, global head of Green Investment Group, said: “The mass transition to electric vehicles is now inevitable, the only question is how quickly it will happen. GIG is here to make that transition happen as fast as possible and we see commercial fleets as an opportunity for significant near-term decarbonisation impact.

“By establishing Fleete, we aim to accelerate the EV transition by making it easy for operators to reap the benefits of going electric immediately, while supporting the delivery of a smart, flexible, low-carbon energy system.”

Fleete’s subscription-based service installs high-powered DC charging equipment, delivering between 60kW and 600kW depending on individual fleet requirements. It caters for three different types of location: large-scale depots where vehicles are parked overnight; hybrid hubs in locations such as trading estates or carparks and able to be used by multiple fleets; and intercity chargers.

As part of its service, Fleete will advise on layout, design, build and operation of all types of sites – as well as electric vehicle choice. The company’s proprietary software also manages charging schedules, optimising energy consumption and business spend while further reducing costs and carbon.

The business is headed up by CEO Dan Benham who said its services would help support a large-scale transition to electric commercial vehicles. He said: “Through a monthly subscription with no upfront costs, we are putting clients at ease as they transition to electric vehicles. All of this wrapped up in our over-arching  . Achieving this can only be done in a smart, connected way with a single point of service for our clients. That is Fleete.”