Startup Beat

“The 2020s will be the decade of the EV,” said Russell Hensley, co-leader of the McKinsey Center for Future Mobility in the Americas on a recent McKinsey Podcast. 

The researcher said that new EV vehicle sales adoption will rise from five percent to 50 percent of total cars purchased as economics become more competitive. 

Across the country, large brands are transitioning their fleets to electric. From pizza delivery service Dominos, to logistics giant Ryder, to beverage company PepsiCo, big businesses are looking to make their vehicle fleets more sustainable. 

But like with any major technological transition, challenges have arisen for large fleet managers. 

For instance, historically fleet managers have relied on standardized, cost-per-mile fuel rates or fuel cards to reimburse employees for mileage. For electric vehicle charging and reimbursement, things are more complicated, especially if employees are charging their EVs at home.

This is why Synop, a New York

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