Revolv's solution simplifies electric vehicle
adoption by acting as a single partner, guiding fleets through
complex technology, incentives, and infrastructure
challenges.
SAN ANTONIO, Oct. 3, 2024 /PRNewswire/ -- Frost & Sullivan
recently analyzed the electric vehicle (EV) fleet management
industry and, based on its research results, recognizes Revolv with
the 2024 US New Product Innovation Award. The company is a
forerunner in the EV fleet electrification space, with its
innovative approach that combines capabilities in fleet operations,
finance, infrastructure development and energy management. While
most competing companies in this space focus on a single aspect,
Revolv designed its complete fleet electrification solution to
enable a simple and seamless shift to zero emissions among
medium-to-heavy commercial fleets. Revolv functions as a
single-stop services provider that covers every aspect of EV fleet
management, assisting from the outset with the following:
- EV vehicle diligence & acquisition
- Charging infrastructure design & installation
- Software integration
- Continuous analytics and insights for fleet optimization
- Long-term maintenance and management of vehicles and charging
infrastructure
- Research and monetizing financial incentives
- EV usage tracking and charging schedule management
- Cost reduction strategies
- System uptime assurances
Revolv is uniquely positioned as the only company in the US
market that offers a single partner solution for zero-emissions
fleet management. With a multitude of electric trucks in the
market, Revolv identifies optimal vehicle composition based on duty
cycles, markets, routes, payloads, and other logistics parameters
while facilitating the deployment and integration of these EVs into
existing fleets. Fleet customers benefit from Revolv's expertise in
building, operating, and managing scalable charging infrastructure.
As a part of its approach, the company supports its clients in the
switch from an ICE ecosystem to an electric equivalent. Outcomes
include optimized productivity and performance, seamless
integration, improved total cost of ownership, and the freedom for
companies to focus on their core business while embracing a
zero-emissions agenda.
Abishek Narayanan Srinivasan,
Associate Director, Frost & Sullivan, observed, "Revolv melds
economic and environmental agendas to help companies navigate the
attendant risks and complexities—including cost, infrastructural,
regulatory, and workforce issues—that accompany the shift to
electrification. As a technology-agnostic company, Revolv offers
solutions that fit easily into any customer's fleet ecosystem."
Revolv's comprehensive products and services support exceptional
fleet performance through the entire lifecycle, beginning with
hardware (identifying and buying the right vehicles) and software
acquisition, including integrating leading-edge software solutions
to improve operations and save money. Revolv brings charging
infrastructure to fleet operators, allowing for smooth integration
into a customer's onsite operations. Moreover, the company
coordinates with important stakeholders and provides training to
drivers and other personnel, helping them adjust and adapt in ways
that improve their experience with the entire process of
transitioning to zero-emissions transport alternatives. Leading the
competition in the US fleet management industry, Revolv sets a high
bar, in terms of quality, through holistic solutions centered on
efficiency, sustainability, and operational excellence.
"Revolv is accelerating the commercial transport industry's
shift to a sustainable, zero-emissions future, from guiding clients
through the transition and leveraging its cross-disciplinary
expertise in delivering best-in-class solutions to providing a
clear roadmap toward decarbonization. It remains a pioneer in
offering innovative end-to-end, fleet-as-a-service solutions that
address existing hurdles and encourage EV adoption by commercial
fleets, moving them toward the 'future of fleets'," added Abishek.
With a first-of-its-kind transformative model that simplifies EV
deployments, enhances financial outcomes, boosts operational
performance, and improves environmental benefits and with its
strong overall performance, Revolv earns the 2024 Frost &
Sullivan New Product Innovation Award in the US EV fleet management
industry.
Each year, Frost & Sullivan presents this award to the
company that has developed an innovative element in a product by
leveraging leading-edge technologies. The award recognizes the
value-added features/benefits of the product and the increased
return on investment (ROI) it gives customers, which, in turn,
raises customer acquisition and overall market penetration
potential.
Frost & Sullivan Best Practices Awards recognize companies
in various regional and global markets for demonstrating
outstanding achievement and superior performance in leadership,
technological innovation, customer service, and strategic product
development. Industry analysts compare market participants and
measure performance through in-depth interviews, analyses, and
extensive secondary research to identify best practices in the
industry.
About Frost & Sullivan
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Contact:
Ashley Shreve
E:ashley.shreve@frost.com
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