Study shows commercial fleets save up to 13% on fuel costs using Motive Automated Operations Platform

Motive, the leader in Automated Operations, has published a study showing that businesses can improve fuel efficiency and optimize vehicle maintenance by using data insights and AI-powered automation.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220818005117/en/

Leveraging data and AI can have a meaningful impact on the fleet's fuel costs. (Photo: Business Wire)

Leveraging data and AI can have a meaningful impact on the fleet's fuel costs. (Photo: Business Wire)

In the study, Motive analyzed over 800 commercial fleets across a two-year period beginning in January 2020, identified what top fleets with the best fuel performance increase did to improve their fuel efficiency, and measured their impact. Top-performing fleets used the Motive Automated Operations Platform insights to reduce fuel consumption by 13%. Using fuel performance data and identifying coaching opportunities, these fleets achieved savings by improving driving behaviors, averaging 79% reduction in hard acceleration, 40% reduction in hard braking, and 20% reduction in idling time. The top fleets also had an increased focus on maintenance, with 80% more inspections compared to other fleets.

Motive enabled the top fleets in the sample to save an estimated three million gallons of fuel in 2021 alone. This is equivalent to 31,000 tons of CO2 that were not released into the atmosphere. Motive fleets paid an average price of $3.29 per gallon of fuel during this time, which equates to an average savings of 769 gallons or $2,530 per vehicle in 2021.

The Motive Vehicle Gateway captures telematics data across a wide range of light, medium and heavy duty vehicles. Motive uses AI to analyze vehicle telematics data, surface insights, and automate the coaching of drivers to improve performance. From the Motive Fleet Dashboard, customers can monitor vehicle activity, driver behavior, engine diagnostics, compare benchmarks, and take action to improve their operations.

“The data clearly shows that using telematics data and AI to track and improve performance in commercial fleets can result in significant savings on fuel costs and emission,” said Jai Ranganathan, Chief Product Officer at Motive. “This is part of our commitment to leveraging data and automation across our entire suite of products to improve safety, productivity, and profitability for the businesses that power the physical economy.”

The complete Motive 2022 Fuel ROI Report can be found here.

About Motive

Motive builds technology to improve the safety, productivity, and profitability of businesses that power the physical economy. The Motive Automated Operations Platform combines IoT hardware with AI-powered applications to automate vehicle and equipment tracking, driver safety, compliance, maintenance, spend management, and more. Motive serves more than 120,000 businesses across a wide range of industries, including trucking and logistics, construction, oil and gas, food and beverage, field service, agriculture, passenger transit, and delivery. Visit gomotive.com to learn more.

Contacts

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.