Global commerce platform WEX has formed a partnership with EV charger installation provider Qmerit to streamline the installation of chargers at the homes of commercial fleet drivers.
Qmerit will provide end-to-end home EV charging installation and integration services from its national network of more than 23,000 electricians.
WEX EV At-Home provides access to WEX’s fleet management software portal using a single WEX credit line and unified billing and now also includes Qmerit’s charger installation functionality.
Fleets can minimize expenses by accessing the most cost-effective EV charging and residential electricity rates. WEX EV At-Home calculates what each driver should be reimbursed by using their live utility rate and distributes funds to a reimbursement account. Fleet managers can approve reimbursement for charging sessions with manual, bulk or automatic options.
Florida-based construction company Dallas 1 has estimated cost savings of around over 60% per vehicle for fuel and maintenance costs as the result of fleet drivers charging their vehicles at home.
WEX EV At-Home is the latest advancement from WEX in the commercial fleet mobility space following an announcement that its fleet mobile payments app now processes EV charging payments for a mixed-energy fleet, its acquisition of Sawatch Labs and its fleet electrification analytics software, as well as partnerships with EV charging providers.
“We’re seeing considerable cost savings in the unleaded vehicles we have swapped out for EVs thanks to at-home EV charging with WEX,” said BJ Azzarelli, President of Dallas 1. “Employees simply bring their work trucks home after their shift—and WEX’s detailed reporting and automated employee reimbursement is not only fully automated, it also seamlessly integrates into our existing bill and fleet management software portal.”
Source: WEX