Electric vehicles are a fast-growing market in the automotive sector. In addition, the widespread use of renewable energy to power electric vehicles makes them sustainable, with considerably low greenhouse gas emissions. As a result, service providers are switching to fleets of electric vehicles to promote environmental sustainability. However, unlike conventional vehicles, EVs require unique infrastructure to charge them. This leads to some technical and economic challenges. Therefore, intelligent charging strategies are needed to charge EV fleets optimally.

The thesis primarily focuses on minimizing the energy and battery degradation costs for a fleet operator using different charging strategies. To accomplish this objective, a joint optimization technique is used to solve the problem. The method used is an optimal exchange problem that works by clearing market constraints. Specifically, an ADMM-based distributed charging problem is used for charging the EV fleet. The algorithm is implemented for different charger power levels for the different strategies to analyze the difference in energy and battery degradation costs. Furthermore, a variable charger allocation method is proposed to charge the EV fleet.