Given the potential for volatility in fuel prices, Modo may introduce a fuel surcharge to equitably share the incremental cost should fuel prices rise above today’s rates. The surcharge will be triggered when average monthly fuel cost across the fleet is $1.60 per litre and above (per most recent 30 days’ historical data from Stats Canada) and would be $0.01 per km for each $0.10 per litre over the baseline value. Full battery electric vehicles will be exempt from any fuel surcharge.