WEX Partners with Qmerit to Equip Commercial Fleet Drivers’ Homes with EV Chargers

WEX, a global commerce platform simplifying business operations, has announced a nationwide partnership with Qmerit, a leading provider of EV charger installation services. This collaboration aims to make it easier for commercial fleet drivers to install electric vehicle (EV) chargers at their homes, advancing fleet electrification and reducing costs.

Comprehensive EV Charging Services

Under this partnership, Qmerit will provide end-to-end home EV charging installation and integration services through its extensive network of over 23,000 licensed, insured, and EV-trained electricians. These services adhere to rigorous permitting, inspection, safety, and quality standards. By embedding this functionality within WEX’s fleet management software portal, fleet managers and drivers can now streamline the transition to home charging.

Cost Savings for Fleet Operations

The benefits of home EV charging are already evident. Dallas 1, a Florida-based construction company, reported cost savings of over 60% per vehicle on fuel and maintenance by leveraging at-home charging facilitated by WEX EV At-Home. BJ Azzarelli, President of Dallas 1, highlighted the seamless experience:

“We’re seeing considerable cost savings in the unleaded vehicles we have swapped out for EVs thanks to at-home EV charging with WEX. Employees simply bring their work trucks home after their shift – and WEX’s detailed reporting and automated employee reimbursement is not only fully automated, but it also seamlessly integrates into our existing bill and fleet management software portal.”

With the partnership between WEX and Qmerit, businesses like Dallas 1 can now take advantage of professional EV charger installation services. This addition enhances the capabilities of WEX EV At-Home by simplifying the electrification process further.

Streamlining Fleet Electrification

Jay Collins, Senior Vice President and General Manager of EV & Mobility at WEX, emphasized the importance of this partnership:

“With electricians and other tradespeople in increasing demand, WEX’s partnership with Qmerit is meant to streamline the charger installation process. Ordering and installation functionality embedded within WEX’s fleet management software portal is a win-win. Fleet managers can allow drivers to charge their work vehicles overnight at home, ensuring they’re ready for work the next day, while also saving money.”

This initiative aligns with WEX’s broader goals to help organizations increase vehicle uptime, reduce carbon emissions, simplify EV charging management, and lower vehicle ownership costs. WEX EV At-Home simplifies energy transitions by calculating driver reimbursements based on live utility rates and automating fund distribution. Fleet managers can also approve reimbursements through manual, bulk, or automated processes.

Expanding EV Fleet Solutions

With a global service network spanning over 19.7 million vehicles, WEX continues to develop robust EV and mixed-energy fleet solutions. The introduction of WEX EV At-Home is among several advancements in 2024, which also include:

  • The integration of EV charging payments within WEX’s fleet mobile payments app.
  • The acquisition of Sawatch Labs, a leader in fleet electrification analytics software.
  • Collaborations with prominent EV charging providers.

These innovations address challenges in EV integration, offering businesses a gradual, calculated transition to electrification. By simplifying the administrative and operational complexities of mixed-energy fleets, WEX ensures businesses maintain efficiency throughout the process.

The Growing Adoption of At-Home EV Charging

A recent Frost & Sullivan study commissioned by WEX highlights the increasing adoption of at-home charging for commercial fleets. More than three-quarters of U.S.-based fleet operators cited cost savings as a key advantage of at-home charging. However, the study also revealed that only 23% of commercial drivers currently charge company vehicles at home. This gap underscores the need for streamlined solutions like WEX EV At-Home and Qmerit’s installation services.

Driving the Future of Fleet Electrification

The partnership between WEX and Qmerit represents a significant step in accelerating the adoption of EVs within commercial fleets. By integrating charging solutions into its fleet management platform, WEX offers a cohesive, end-to-end approach to fleet electrification.

This collaboration not only reduces operational costs but also supports businesses in achieving sustainability goals. With the potential for substantial fuel and maintenance savings, WEX and Qmerit are empowering companies to embrace the future of transportation while ensuring a seamless and efficient transition to EVs.

As the adoption of mixed-energy fleets grows, WEX remains at the forefront of enabling businesses to navigate this transformative journey, demonstrating its commitment to innovation and sustainability in fleet management.

Source Link