Erica Fine, MBA

Congratulations to our 2023 Business and Volunteer Award Nominees who work to make our Chamber and community strong!
Support these local businesses and community members and join us on Friday, January 26 for the Chamber Annual Gala: Unmask Your Success, where each nominee will be recognized and the winner of each award will be announced.
Big Ange's Eatery
Drost Kivlahan McMahon & O'Connor LLC
Erdmann Exterior Designs
NAK4 Orthodontics: Arlington Heights, Barrington & Park Ridge,… Show more

Congratulations to our 2023 Business and Volunteer Award Nominees who work to make our Chamber and community strong!
Support these local businesses and community members and join us on Friday, January 26 for the Chamber Annual Gala: Unmask Your Success, where each nominee will be recognized and the winner of each award will be announced.
Big Ange's Eatery
Drost Kivlahan McMahon & O'Connor LLC
Erdmann Exterior Designs
NAK4 Orthodontics: Arlington Heights, Barrington & Park Ridge, IL
CoCo and Blu Café
Driven Car Wash
First Ascent Arlington Heights
Laura Lian Creative Partners
360 Painting of North Shore
College Hunks Hauling Junk and Moving Arlington Heights
M&M Home Remodeling Services
Northwest Plumbing Co., Inc.
Connections to Care
Kiwanis Club of Arlington Heights
Arlington Heights Lions Club
OMNI
Rebecca Haltman Compass Real Estate
Arlington Heights Memorial Library
BEAR Construction Company
MJP Chicagoland Show less

Why aren’t fleets going EV?
- For their trucks and vans, our clients confirm that the return on investment for electric vehicles remains lower than utilizing a gas or diesel powered vehicle. Here we can draw the simple comparison between a Chevy Bolt ($36K) and a Chevy Equinox ($23K), which averages 25 MPG. If the Equinox drives 20,000 miles per year, then it would consume 800 gallons per year, equaling $2,000 in fuel annually. Running those fuel usage numbers over a period of 5 years… Show more

Why aren’t fleets going EV?
- For their trucks and vans, our clients confirm that the return on investment for electric vehicles remains lower than utilizing a gas or diesel powered vehicle. Here we can draw the simple comparison between a Chevy Bolt ($36K) and a Chevy Equinox ($23K), which averages 25 MPG. If the Equinox drives 20,000 miles per year, then it would consume 800 gallons per year, equaling $2,000 in fuel annually. Running those fuel usage numbers over a period of 5 years, takes us to $33K for acquisition + fuel cost.
- Service vehicles may be the last to move to alternative fuels – their cost of downtime is too high to risk utilizing vehicles that won’t deliver the businesses’ needs. Consider a long-haul trucker: with EV ranges hovering around 100 miles before requiring a recharge, it’s not feasible for EVs to make a meaningful step into this segment until ranges are extended to what can be driven in one shift.
- Lack of OEM availability of EVs in the truck and van segment
- Lack of infrastructure (charging stations) to support broad roll-out of EVs - The hyperlink below shows the cost to UPS to create CNG infrastructure at 6 locations…while not a direct translation to EV infrastructure, this can give a broad idea on cost: https://pressroom.ups.com/pressroom/ContentDetailsViewer.page?ConceptType=PressReleases&id=1489579573572-162

What needs to be in place for EVs to become a meaningful part of the fleet market?
- Pervasive OEM-agnostic, public charging infrastructure and longer ranges. Businesses can’t take the risk that their vehicles will be out of service without a quick way to go back online.
- Extended set of OEM EVs that address a wider breadth of fleet truck and van needs.
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