MARKETS
Transit Bus Fleets, School Bus Fleets, Delivery Truck Fleets
Our target markets are transit bus fleets, school bus fleets, and delivery truck fleets. MOEV uses data from fleet operations and by applying machine learning, we provide a flexible solution to ensure that the fleet vehicles are always charged thereby reducing stress for the dispatch officer. Our software helps fleets manage dispatch operations in real time so as to optimize performance across several goals: reduce stress from range anxiety and unreliable charging, help improve utilization of electric vehicles in the fleet mix by matching predicted mileage against route and block needs, minimize electricity demand charges so as to charge at lowest cost, improve yard management with chargers and vehicles, and improve battery life.
Given the bipartisan infrastructure bill signed in Washington, tens of billions of dollars of funding are being earmarked for transit and school bus fleets as well as port-operated drayage fleets such as those in ports of Long Beach and Los Angeles. The truck fleets for delivery are funded privately by the likes of Amazon, UPS and FedEx as electrification advances their sustainability goals, enables them to satisfy the increasingly tighter emissions regulations in the US and worldwide, and provides savings on fuel cost. A combination of the above results in a large and growing marketplace for our technology.