What Will Fleet Management Look Like in Ten Years?

NEXUS Vehicle Rental WHAT WILL FLEET MANAGEMENT LOOK LIKE IN TEN YEARS? Fleet management is constantly evolving but the industry is currently undergoing an unprecedented transformation, especially within the UK. The combination of changing mobility habits, macroeconomic conditions, Government policy and disruption through technological innovation is driving a shift towards a cleaner, safer and more efficient model of fleet management. THE CUSTOMER COMES FIRST With the ongoing Increasingly demanding customers are seeking The rise in the subscription economy is percolating through to the B2B market shift in focus from the asset to the access to flexible end-user, customer mobility solutions. centricity is defining the service mobility providers now offer. No longer is the vehicle the most Business travellers are too, which has led to the creation of car starting to incorporate mixed modes of mobility that includes everything from rental vehicles to public clubs and sharing services. We expect this to be a large category for growth important element. transport and on-demand ride hailing within the next services such as Uber. decade. LEGISLATION NATION Government plans also mean that all vehicles must effectively be ´zero emission' by 2040. While this requires innovative solutions from vehicle manufacturers, fleet The ongoing demonisation of diesel will mean smaller diesel vehicles for everyday journeys will soon be a thing of the past - there is still some way to go for hauliers and HGV operators, however. The ban on new diesel and petrol vehicles by 2032 is ambitious but the direction of policy is necessary managers will increasingly be considering low-carbon alternatives like electric vehicles (EVs). The creation of Ultra-Low Emission Zones (ULEZS) and as we transition towards a cleaner congestion charges are also fuelling this shift in urban areas. mobility future. Currently the main barriers to EV adoption are battery range and charging infrastructure, as well as cost, but once these have been cracked, we can expect to see fleets of EVs transporting people and goods around the country. For business travellers, EV sharing clubs will be the norm in ten years with some suppliers already offering hourly rates. Likewise, logistics firms and courier companies will operate silent vehicles through the night to fulfil their delivery requirements while avoiding congestion charges. INNOVATION AND INTELLIGENCE Helping to drive these transformations is technology. The proliferation of fleet management software and vehicle innovations have provided customers with the digital capabilities to demand the exact vehicle they want, in the right place and at the right time. Artificial Intelligence (Al) will The Internet of Things (loT) and the connected car will continue to grow continue to be built in to vehicles in importance. and fleet management processes and one day soon we may be able to summon an autonomous vehicle through a voice activated assistant! While once the dreams of science fiction films, we are not that far away from this being a reality - although don't expect this within the decade. Nexus is the UK's leading tech-driven business mobility provider, with nearly 20 years' experience as pioneers in developing innovative technology to make business mobility efficient and effective. Nexus' revolutionary online rental booking and management platform IRIS, developed in-house by a specialist IT team, is central to its success. The system allows business customers to access over 550,000 vehicles, including 100,000 specialist and commercial vehicles and 50,000 HGVS, across more than 2,000 UK locations. Any vehicle, anytime, anywhere. Get in touch with Nexus today: www.nexusrental.co.uk in