How American Lease Revives Fisker SUVs for NYC Fleet Operations

American Lease Acquires Fisker Ocean SUVs in NYC

In an innovative move, a fleet company operating in New York City has acquired over 2,800 unsold units of the Fisker Ocean SUVs to integrate them as taxi vehicles within the city. This purchase comes from American Lease, recognized as the largest fleet operator in NYC, embarking on a mission to promote electric vehicles (EVs) as part of its services.

Details of the Acquisition

American Lease is reported to have struck a deal purchasing the SUVs at $16,000 per unit, significantly lower than the original retail price of around $70,000 for each Fisker Ocean. The initiative was launched under the NYC's Green Rides Initiative, which aims to ensure that all ride-hailing services operate vehicles that are either wheelchair accessible or electric by 2030. However, post-policy shifts led to dwindling availability of affordable all-electric cars in the market.

Inspiration Behind the Purchase

The idea to purchase these SUVs was conceived during a casual conversation at lunch when the head of American Lease, Josh Bleiberg, came across an article discussing Henrik Fisker’s inflated home listing price compared to the market cap of Fisker. It prompted the company to consider investing in the Electric Vehicle sector, concluding that Fisker’s Ocean would be a viable addition to their fleet.

Operational Challenges and Developments

Although the integration of the Fisker Oceans into their fleet has been ambitious, it has not been without its hurdles. American Lease faced operational challenges necessitating the establishment of dedicated service centers specifically for the Fisker fleet. The process involved negotiations with Fisker owners and navigating through bankruptcy proceedings, in addition to enlisting another software company to address several technical glitches within the vehicles.

Successful Implementation of Software Updates

Through persistent efforts, American Lease has successfully managed to implement over-the-air (OTA) updates for the Fisker Oceans, enhancing the fleet's technological capabilities. This progress was made possible by partnering with indiGO Technologies, a startup tasked with managing the software updates for all Fisker Ocean units in the U.S. and Europe.

Growing EV Fleet Operations

Currently, the fleet operator is managing over 1,000 Fisker Oceans across New York City. According to Bleiberg, full utilization of this fleet could lead to having between 2,200 to 2,500 cars on the road, positioning American Lease as a key player in the EV sector in NYC.

EV Incentives and Industry Trends

This bold move coincides with broader industry trends where companies are increasingly advocating for electric vehicles in fleet services. For instance, Uber Technologies Inc. has begun offering significant incentives up to $21,500 for drivers in select regions who transition to electric vehicles while working on Uber's platform. This shows a concerted effort toward enhancing the sustainability of ride-sharing services.

Tesla's Robotaxi Testing in NYC

Additionally, Tesla has initiated testing of its Robotaxi services in NYC, with job postings inviting operators for assisting in these trials. This initiative reflects Tesla's aim to expand its autonomous ride-hailing service further, which aligns with their long-term vision.

The Ambitious Future of EVs

Amidst this evolving landscape, CEO Elon Musk emphasizes Tesla's ambitious plans to serve half of the U.S. population with Robotaxis by 2025. This vision points to a future where electric vehicles could dominate the urban mobility scene, further solidifying Tesla's commitment to innovation.

Waymo's Innovations

On a similar note, Alphabet Inc.'s Waymo is also advancing its technology by testing a new Robotaxi equipped with sixth-generation autonomous hardware, featuring an array of sophisticated sensors. This competitive advancement indicates the intense race among tech companies to lead in the field of autonomous vehicles.

Frequently Asked Questions

What is American Lease's strategy with Fisker SUVs?

American Lease aims to incorporate Fisker Ocean SUVs into its fleet to comply with New York City’s Green Rides Initiative while enhancing its electric vehicle offering for ride-hailing services.

How much did American Lease pay per Fisker Ocean unit?

The company purchased each Fisker Ocean SUV at a remarkably lower price of $16,000 compared to its original price of $70,000.

What operational difficulties did American Lease face?

American Lease encountered challenges such as setting up service centers, negotiating with Fisker owners, and managing technical software updates on the Fisker Oceans.

What are the EV incentives from Uber?

Uber is providing incentives worth up to $21,500 for drivers who switch to electric vehicles while operating on their platform in certain markets.

What future plans does Tesla have for Robotaxis?

Tesla plans to deploy Robotaxis to serve half of the U.S. population by the end of 2025, striving for widespread adoption and integration of electric and autonomous vehicle technology.

About The Author

Hi there I'm 38-year-old author and financial consultant Owen Jenkins. Having worked in the financial sector for more than ten years, I am well-versed in the subtleties and complexity that mold our financial environment. Following a degree in finance, I worked in a number of financial institutions honing my abilities in market analysis, financial planning, and investment strategies.

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