This week, we announced that Canadian Linen, a subsidiary of AmeriPride, has been running our hybrid electricpowertrain technology on some of their Chevy Express 2500 vans in Toronto since August. In fact, we were invited to showcase the hybrid vans with the Massachusetts Secretary of Energy and Envionmental Affairs Rick Sullivan on MA Governor Patrick's recent trade mission to Canada.
GE Capital Fleet Services recently released the results of its annual fleet manager survey and forty-four percent of fleet managers cited maximizing productivity as the top concern. Its no surprise to those in the trenches because we're all asked to do more with less and because vehicle downtime causes the biggest headaches. However, considering a holistic view of productivity when evaluating new vehicle models and options is key.
McKinsey & Company, the top-tier strategy consulting firm, recently released a study on the likelihood and potential impact of another oil price spike. While no one can predict the future price of oil, the study raises important points to consider for executives with oversight of or direct management of fleet transportation.
When we started XL Hybrids, we wondered why hybrid vehicle technology had not yet been adopted by commercial fleets at any significant scale. Businesses use a lot of fuel and would seem to benefit greatly from HEV technology, but yet, there were relatively few actually deployed in fleets.