Fleet electrification is becoming the standard ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

[Image alt text: Ceres logo] < [link removed] > Dear John,

The transportation sector is undergoing its biggest shift in a century.

Global electric vehicle sales are surging, with projections that 70% of passenger vehicle sales will be electric by 2040. Within 5 years, 87% of companies plan to electrify their fleets, signaling that fleet electrification is no longer experimental—it’s becoming standard practice.

The business case for EVs is clear. Fleet operators are seeing strong returns through lower fuel and maintenance expenses, improved efficiency, and performance gains from connected technologies. Incentives and infrastructure investments further reduce the total cost of ownership.

In addition, clean technologies, regulatory pressure, and market changes are creating major opportunities for companies and investors ready to act.

That’s why Ceres, in partnership with the We Mean Business Coalition, just released the report: Driving Growth: Managing Transition Risks in Transportation for Investors and Companies < [link removed] > . [Image alt text: Driving Growth report] < [link removed] >

Download the Driving Growth Report < [link removed] >

This report outlines key risks—physical, financial, and market transition—and provides strategic recommendations and corporate case studies to help organizations manage them and capture growth.

Transition risks in transportation are real—but so are the opportunities. Companies and investors that act decisively will not only mitigate risk but unlock long-term growth and competitiveness.Thank you, [Image alt text: Headshots 150x150 Clarke]

Steven Clarke

Program Director, Climate and Energy

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📒 Our reports are made possible through the generosity of supporters like you. Please consider supporting us with a donation < [link removed] > or sign up as a monthly sustainer < [link removed] > .

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