Sawatch Labs, a WEX Company

Fleet managers across the country are facing rising operational costs due to inflation and fluctuating fuel prices. Fixed costs, like vehicle depreciation and insurance, are predictable, while variable costs, such as fuel and maintenance, fluctuate and offer opportunities for savings. Some common challenges include labor shortages increasing wages and reducing productivity, global supply chain disruptions raising costs, and fraud impacting up to 19% of revenue for larger fleets. To combat these hurdles, many fleet managers are adopting strategies such as leasing vehicles to reduce upfront costs, emphasizing preventive maintenance to extend vehicle lifespans, using fuel cards to monitor and control expenses, engaging employees in decision-making, and leveraging technology for efficiency. Learn more about how to make it happen in this WEX article: https://bit.ly/3Z0c2wR #fleetmanagement #coloradofleetmanagement #coloradofleetmanager

To build an effective fleet driver safety program–a key component to an optimized fleet– fleet managers must implement comprehensive measures that reduce collision risks and enhance driver safety. Key components include establishing clear rules, forming a fleet safety council, screening and training drivers, setting benchmarks, and maintaining vehicles. Learn more about the importance of building a fleet driver safety program for your business' fleet here: https://bit.ly/3Z1bC9C #fleetmanagement #coloradofleetmanagement

The Colorado Energy Office recently launched the EV Home Charge Grant program to help residents, especially in rural areas, offset the costs of installing home electric vehicle chargers. With $500,000 in funding for the 2024-2025 fiscal year, the program will provide rebates for electric panel and wiring upgrades, often the most expensive part of EV charger installations. Municipal utilities and electric cooperatives can apply to support residential rebate programs, offering up to $1,000 per customer, with enhanced rebates of up to $1,500 for low-income households. Submit your applications by December 13, 2024! https://bit.ly/3Z3Uql0 #electricvehicles #coloradoelectricvehicles #electricvehiclenews

Lithium iron phosphate (LFP) batteries are increasingly favored by automakers like Ford Motor Company, Tesla, and Mercedes-Benz USA due to their lower cost, safety, and environmental benefits compared to traditional nickel-based batteries. LFP batteries avoid nickel, manganese, and cobalt, which have environmental and ethical concerns, and cost about 30% less, making EVs more affordable. These batteries also offer greater resilience, especially for fleet use, with longer lifespans and better thermal stability, though they fall short in energy density and cold-weather performance. Despite lower recyclability, LFP is gaining traction, with companies investing in thermal solutions to offset cold-weather limitations and expanding production in places like China and South Korea. Read about this exciting step forward here: https://bit.ly/416d8tR #fleetmanagement #fleetmanager #coloradofleetmanager

Colorado’s Vehicle Exchange Program, designed to help low-income drivers replace older ICEs cars with EVs, has exceeded initial expectations in its first year. The program has provided 1,301 rebates—more than six times the state’s original forecast—with up to $6,000 available for new EVs and $4,000 for used ones. Thanks to its success, Colorado is investing an additional $9 million to continue the program through July 2025. Funded by a delivery fee, this initiative supports cleaner transportation and has already replaced close to 900 older cars with cleaner alternatives. Learn more about this impactful program: https://bit.ly/3Y4QtLb #electricvehicles #ev #coloradofleetmanagement #coloradofleetelectrification

At Sawatch Labs, we help fleet managers navigate the shift to mixed-energy fleets — combining ICE vehicles and EVs — by leveraging existing fleet data and data-driven insights. Fleet electrification brings unique challenges, including energy management, route optimization, and cost tracking across fuel and charging needs. Our ezEV analytics enable fleets to manage this transition while prioritizing their daily operational needs. Learn more about our innovative analytics and how using data smooths the road for mixed-energy fleets: https://bit.ly/3NNyDYs #fleetelectrification #mixedusefleets #fleetmanagement #denverfleetmanagement

Last week, we had an absolute blast at the Fleet Forward Conference in sunny San Diego! Between David Fuch's great insights in the Decarbonizing Fleets in Cold Weather Climates panel to Steven Gwin from LandCare LLC winning our Sawatch Labs YETI mug, it was a terrific experience all around. A big thank you to everyone who came to see us at our booth - we loved connecting with you! Did you attend the Fleet Forward Conference? What were the highlights for you and your team? #fleetmanagement #FleetForwardCon #FleetSafetyCon

A recent and exciting report from NPR says that right now, Colorado ranks second in the U.S. for EV adoption, driven by affordable lease deals and generous state incentives. A report by the Colorado Automobile Dealers Association shows that over 23% of new car registrations in the state from January to September 2024 were for EVs or plug-in hybrids, with a jump to nearly 28% in the third quarter. Key incentives include up to $8,100 in discounts on models like the Nissan Leaf, making EVs accessible to more residents. Colorado leads in plug-in hybrid adoption as well, surpassing even California. Learn more about this promising step forward here: https://bit.ly/3UDxNkP #electricvehicle #ev #fleetelectrification #fleetmanagement

Ever heard of Watts@Work? This Drive Clean Colorado initiative is specifically designed to help Colorado businesses implement EV adoption through increasing the number of charging stations at their workplaces. Organizations who are committed to sustainability and reducing their carbon footprint are a perfect fit for Watts@Work. For more information on it, visit the following webpage: https://bit.ly/3GqMEHP Our team is also here to help if you need. We are experts in assisting businesses and organizations from various industries optimize and electrify their fleets. #coloradoelectricvehicles #coloradofleetmanager #coloradofleetelectrification

EV adoption across the U.S. is influenced by a mix of factors like regulations, incentives, climate, and charging infrastructure. States like California, which have strict Zero Emissions Vehicle (ZEV) regulations, are leading the way, other states are also making progress, even without such mandates. For example, some unexpected places like Hawaii and Arizona rank high in EV registrations per capita. Learn more about these incentives here: https://bit.ly/3BUUhqM #fleetmanagement #fleetelectrification #evadoption #ev