Ceres represents a $11 trillion fund that is focused on sustainability matters. The goal, simply put, is to help companies accelerate their transition to electric vehicles.
Electric vehicles have big benefits when it comes to operational costs and long-term value that lead to much more competitive total cost of ownership than people typically presume. This is the pitch to electrifying the vehicles from corporate fleets.
Initial partners include Amazon, AT&T, IKEA, Clif Bar, and DHL. Also on the banner of “flagship members” are Consumers Energy, Direct Energy, LeasePlan, Genentech, Siemens, and Lime.
The Corporate Electric Vehicle Alliance plans to focus on –
- Expanding production of new and increased volumes of electric vehicle models,
- Growing the electric vehicle market and improve economies of scale,
- Encourage the adoption of supportive policies and the removal of policy barriers, and
- Foster peer-to-peer learning by sharing industry best practices.”
What do flagship members get and give for their involvement?
“The Alliance will help member companies make and achieve bold commitments to fleet electrification, and is expected to boost the electric vehicle market by signaling the breadth and scale of corporate demand for electric vehicles — expanding the business case for the production of a more diverse array of electric vehicle models.”
Reference- Ceres website, CSRWire, Clean Technica, livemint