M: +61 427 586 401
3 March 2021
Origin 360 EV Fleet brings together Australia’s leading energy retailer with Australia’s leading fleet management company, Custom Fleet, to provide a one-stop shop for EV fleet procurement, management and charging.
Taking the complexity out of making the switch to EVs, Origin 360 EV Fleet will provide business customers with tailored EV implementation strategies, fully managed vehicles, charging infrastructure, load management and cleaner travel through inclusion of carbon offsets. Customers will also receive reporting and insights to help optimise fleet performance and emissions reduction.
“Achieving net zero emissions by 2050 will require action across our economy, particularly transportation which is the third largest source of emissions in the country, making accelerating the uptake of EVs in Australia a crucial piece of the puzzle,” said Tony Lucas, Executive General Manager, Future Energy, Origin.
“Business fleets make up close to half of all new vehicles sales in Australia presenting a huge opportunity to reduce emissions, and the rationale for change becomes even more compelling when you consider EVs are cheaper to run, allowing Origin to help businesses to reduce their operating costs.
“Origin is ideally placed to support businesses to electrify their transportation, with Origin 360 EV Fleet a natural extension of the range of clean energy products and services we already provide to our business customers, including solar and battery solutions.
“We hope Origin’s activities will stimulate greater demand for EVs across the Australian market, encourage manufacturers to release more models locally, and grow the second-hand EV market when fleets are upgraded,” Mr Lucas said.
Aaron Baxter, CEO of Custom Fleet says “As an organisation, not only have we been on this journey ourselves, we have built market leading capability in the ANZ region to support the take up of EVs. Working with Origin will combine the strengths and expertise in each of our respective businesses and place us at the forefront to help even more Australian businesses achieve their sustainability goals.”
Origin 360 EV brings together all the work Origin is doing to help accelerate the growth of EVs in Australia, and will be used as a platform to launch additional EV solutions over time.
Origin is currently undertaking an EV smart charging trial with support from ARENA, is represented on the board of the Electric Vehicle Council, and is a member of EV100 – a global initiative to accelerate the uptake of EVs.
In addition, Origin has committed to transitioning all 600 of the company’s passenger and light commercial vehicles to electric vehicles by 2030, as the company pursues its own strategy to reduce its carbon emissions to transition to net zero emissions by 2050.
About Custom Fleet
Custom Fleet is the market leading fleet management company in Australia and New Zealand, with over 100,000 vehicles under management. They are part of Element Fleet Management, (TSX:EFN) the largest pure-play automotive fleet manager in the world, providing the full range of fleet services and solutions to a growing base of loyal, world class customers – corporates, governments and not-for-profits – across North America, Australia and New Zealand. For almost 40 years, Custom Fleet has been providing leasing and fleet management services to a broad and varied cross-section of industries. Today, their differentiated value proposition is built on technology, data driven insights and consulting to support strategic partnerships with our customers, create value and deliver best in class service.
M: +61 427 586 401
Origin Energy Limited (Origin) expects to recognise non-cash post-tax charges of $2,247 million in its FY2021 Statutory Income Statement to be released with its full-year results on 19 August 2021. Origin has also issued guidance for FY2022.