JET Charge is helping Australian general insurer IAG as it transitions its fleet of about 650 internal combustion engine (ICE) vehicles to electric and hybrid models.
EV infrastructure company JET Charge launched the fleet transition project under a $12 million subsidised government program with the Australian Renewable Energy Agency (ARENA) and has completed more than 12,000 charging deployments at workplaces and company homes across Australia.
“Our end-to-end charging as a service (CaaS) solution tackles the operational complexities for companies that want to decarbonise,” says JET Charge co-founder and chief executive Tim Washington.
“We want to unlock fleet electrification at scale, and by installing, monitoring and maintaining all charging infrastructure between workplaces and employees’ homes, we’re removing a huge amount of legwork in all stages of the transition.”
IAG aims to be a net zero insurer by 2050, so transitioning its tool-of-trade fleet to electric and hybrids is considered one of the best ways to reduce its scope one emissions.
“We know that to better support our customers and the communities we serve we must continue to identify, understand and manage our own climate risk,” says IAG sustainability head Lee McDougall.
“We’ve set a target to transition our tool-of-trade fleet to electric and hybrid electric vehicles by the end of FY30 and are delighted to have JET Charge assisting with this transition.”
IAG ran a year’s EV pilot program with employees based in rural and metro locations, with the program confirming the practicalities of EVs for IAG’s frontline drivers.
JET Charge hopes leading Australian companies will follow IAG’s best practice and embrace the transition to EV fleets.
The government subsidy offers JET Charge’s charging as a service solution, at a 30% reduction for the first companies to transition their fleets.
This addresses the barrier-to-entry for fleet managers by removing high upfront costs and ongoing complexity of operating charging infrastructure, says JET Charge.
By installing domestic chargers in employee homes, workers have a practical and convenient charging solution which supports their business and personal vehicle usage, says Washington.
“This is the beginning of fleet electrification at scale.”
The company intends installing more than 3000 chargers between workplaces and employee homes under the subsidised ARENA program.
