The fleet industry is going electric, but how do you know which vehicles to consider for your fleet?
It is expected that UK fleets will add significant numbers of EVs to their operations by 2022, contributing to the fact that over two thirds of current EV registrations are for businesses or fleets. Fleet managers and businesses that operate large scale vehicle operations currently spend significant amounts on car tax, fuel costs and related service, maintenance and repair costs running their existing traditional fleets. The savings in these areas can make switching to an EV fleet an attractive proposition.
In this instalment we will be looking primarily at battery electric and hybrid cars, how switching your drivers into these can benefit your fleet and which models are our current favourites. We will be looking a lot more closely at commercial vehicles soon.
Switching your fleet to EV
Over the next three years, a combination of congestion or pollution charges, SMR savings and continued access to government grants will see more businesses in the UK switching to electric vans or cars. National and Local Government provide taxation benefits and upfront grants for the purchase/lease of EVs and their charging infrastructure requirement. This could possibly elevate the range concerns that are currently affecting the uptake in making the switch
With an estimated saving of 20-30% in upkeep and repair costs for their fleets, compared to that of petrol or diesel vehicles, greatly benefiting those who choose to do so. In making this switch, businesses can also deliver on corporate responsibility pledges to cut carbon emissions.
We will be looking more in depth at how to make the switch and key considerations later in our EV series as we understand that changing an entire fleet of vehicles at once is not often possible. In the meantime, if you get in contact our Fleet Specialists can help guide you through a smooth transition to electric and offer you unbiased advice.
The key benefits for your business
- Get help with government grants - Government are grants available to help offset the cost of purchasing EVs for business and for business-based charging point installation.
- Save on the costs of repair - Save an estimated 20-30% in upkeep and repair costs on your fleet.
- Company Car tax - zero-emission battery electric cars and PHEVs with CO2 emissions up to 50 g/km CO2, company electric car tax rates will drop to zero, before rising to 1% in 201-22 and 2% in 2022-23.
- Downtime savings - 100% electric vehicle engines have fewer moving parts than the conventional petrol or diesel internal combustion engine make the repair process much faster and more convenient, reducing the downtime of your Fleet vehicles and saving you money.
- Plenty to choose from - Increasing range of models to choose from f or Fleets and service vehicles with electric SUVs, hatchbacks, MPVs, 100% electric zero emission vehicles as well as plug-in hybrid models.
- Charging made easy - Increasing number of charging points available across the UK with the Government announcing it will fund up to another 3,600 charge points across the country.
What is there to choose from?
Whether you have a number of company car drivers, a salary sacrifice scheme that needs to adhere to a corporate responsibility pledge, pool cars that need to be more efficient or a fleet that is going to be affected by a Clean Air Zone (CAZ).
PVM can work with you to identify what will best suit your needs and deliver the most savings. Looking at building a matrix of driver’s vehicle needs and usage, working out whole life costs for those vehicles of interest and benchmarking this against what is available on the market.
As mentioned, here we are primarily looking at battery electric and hybrid cars and it is important to understand what type of vehicle would work best in your particular fleet.
Currently most vehicles are made up of following types:
- Battery EVs have no combustion engine, only an on-board battery which provides energy to an electric motor. BEVs are charged from an external electricity supply, typically plugging in to an EV charge point.
- Plug-in hybrid EVs have an electric powertrain together with a small- to medium-sized combustion engine, which enables operation in full electric mode, using conventional fuel, or a combination of both. PHEVs also have an ‘inlet’ socket allowing them to be charged directly from an external electricity supply.
- Range-extended EVs are plug-in hybrids with a particular configuration. REXs are ‘series hybrids’ with only electric motors used to drive the wheels. In most respects the vehicle behaves like a BEV, with the battery being charged by an external supply.
- Self-charging hybrids Like standard hybrids, the use of a battery enables the combustion engine to be operated at high efficiency. These vehicles use regeneration to recharge the battery: rather than braking by friction and turning that kinetic energy (the forward motion) into wasted heat via the brakes, it uses it to run a generator to recharge the on-board battery.
Finding the right EV's for your fleet
The choice of vehicles will likely expand rapidly over the next three years. With the current range of Fleets and service vehicles on offer already offering a huge choice on offer for electric SUVs, hatchbacks, MPVs and zero emission vehicles as well as plug-in hybrid models.
By next week we could have new favourites, but currently the following are some of the most popular cars in a range of price bands that could work well within a fleet or be considered for company cars:
Find out more about the different types of EVs available, and which may best suit your requirements by contacting us to speak to one of our Team for advice on the benefits switching to EV on 01332 267367 or email email@example.com
Sources/find our more:
- Government grants: https://www.gov.uk/plug-in-car-van-grants
- EV fleet World: https://evfleetworld.co.uk/
- RAC Emissions news: https://www.rac.co.uk/drive/advice/emissions/
- BBC news: https://www.bbc.co.uk/news/
- Government Smart Charging Consultation: https://www.gov.uk/government/consultations/electric-vehicle-smart-charging
- Energy Saving Trust: https://energysavingtrust.org.uk/transport/electric-cars-and-vehicles/charging-electric-vehicles
- My EV: https://www.myev.com/