American Electric Power switches to 100% electric car and van fleet by 2030
American Electric Power (AEP) has announced it will electrify its full fleet of cars and light-duty trucks by 2030. In all, AEP has a fleet of nearly 8,000 vehicles, including heavy- and medium-duty trucks.
AEP will also begin to transition medium- and heavy-duty vehicles as electric alternatives become available on the market.
AEP estimates that it will avoid using more than 10 million gallons of fuel, amounting to a $40 million savings in fuel costs over the life of the vehicles.