Siemens has announced the launch of Depot360 Home Charging Reimbursement in the United States as part of its Managed Services portfolio. Compatible with all chargers and electric vehicles (EV), this innovative offering allows fleet operators accurately to reimburse drivers for home charging sessions while significantly reducing capital investments and operational costs.

By leveraging advanced vehicle telematics data, Depot360 Home Charging Reimbursement is capable of measuring home charging sessions based on the vehicle’s location, rather than measurements from the charger. This offers the potential for fleet operators to reimburse only company fleet vehicle charging, even if other vehicles use the same charger. Siemens works with telematics providers to access real-time vehicle data to provide insights into home charging sessions to enable fair and accurate reimbursement.

Depot360 Home Charging Reimbursement offers multiple benefits for fleet operators. These benefits could include cost reduction by avoiding the need for networked chargers and dedicated meters, simplified management through automated payroll integration, and the ability to reimburse only fleet vehicles, while allowing private vehicles to use the same charger.

Analytics can also provide insights to measure program effectiveness. Additionally, the solution is not just software; it’s a managed service that includes 24/7 access to Siemens’ experts who support driver onboarding, manage driver queries, provide periodic analytics, and troubleshooting, freeing up fleet operators to focus on other valuable tasks.

The first customer to deploy the solution is Siemens Mobility Services, part of Siemens Corporation Supply Chain Management. The fleet team currently manages 11,000 vehicles in the US, ranging from cars, trucks and cargo vans to bucket trucks and tractor trailers and aims to roll out Depot360 Home Charging Reimbursement to all vehicles by 2030.

The collective data from home charging sessions will feed the algorithms of the Depot360 AI platform, allowing for optimization across all fleet charging applications. If a fleet is charged at different locations—such as depots, public chargers, and homes—the platform may predict the optimal charging mix for these locations and suggest options to reduce the overall cost of charging. This makes home charging an integral part of broader corporate charging strategies.

Home charging will also give the opportunity for fleet operators to reduce energy costs by leveraging scale via aggregation. It will play a key part in the continued development of Depot360 solutions to support fleet operators in unlocking additional energy savings and revenue streams, for example, by enabling fleets to participate in energy programs.