The UK is leading the world yet again in becoming the first major economy to pass new laws to reduce emissions to net zero by 2050 while remaining committed to growing the economy - putting clean growth at the heart of our modern Industrial Strategy.” Chris Skidmore - UK Energy and Clean Growth Minister
Today, EV vehicles are everywhere, quickly becoming a part of mainstream mobility solutions. In recent weeks, Rolls-Royce, the iconic British automobile brand, made headlines by testing an electric-powered propeller plane. The “Spirit of Innovation” single-seater plane, part of the Accelerating the Electrification of Flight (ACCEL) project, smashed speed records by reaching over 556 kph (345 mph) over a 3-kilometre distance. Tesla's anticipated launch of the Cybertruck is also causing ripples in the automotive industry, underscoring the rise of EV vehicles as a preferred choice.
From trucks, cars, and trains to buses, bikes, and even planes, EV vehicles are rapidly expanding across all modes of transportation. Businesses in all sectors are implementing strategies to integrate EV vehicles into their operations, recognising the benefits of reduced emissions and lower electric vehicle cost for fleet management. A recent report on ‘The Future of Fleet’ revealed that over half (52%) of fleet managers in the UK already have EV vehicles in their fleets and among those who do not, 54% plan to switch to them within the next five years.
The UK Government Leading the Way
The full transition to EV vehicles is critical to achieving the UK’s Net Zero target. The Climate Change Committee (CCC) has set ambitious goals: by 2032, all new light-duty vehicles sold, including passenger vehicles, taxis, vans, motorbikes, and mopeds, should be fully battery-electric vehicles. To reach Net Zero by 2050, all vehicles, including heavy-goods vehicles (HGVs), must be fossil fuel-free. The UK is setting a 2030 deadline to end the sale of new petrol and diesel vehicles, accelerating the shift to EVs. This has led to significant changes within vehicle manufacturing and fleet management, making EV vehicles a priority for fleet operators.
As road transport accounts for nearly one-quarter of Europe’s total emissions, fleets are responsible for a significant portion of this, making them a focal point in the move toward EV vehicles. The benefits for fleets are abundant, ranging from cost savings and improved efficiency to enhanced brand reputation and environmental impact.
Major Cost Benefits of Operating an EV Fleet
Transitioning to EV vehicles offers clear cost advantages for fleet operators. For example, running an EV instead of a petrol-powered car can save an estimated £100 for every 1,000 miles driven. Additionally, the UK government provides a £4,500 grant towards the cost of a standard electric car, along with a £500 subsidy for charging point installations. Tax benefits are also available, helping to further reduce the electric vehicle cost for fleets.
The government is investing £1.3 billion in infrastructure to support EV vehicles, including charging stations on motorways, city streets, homes, and workplaces. With fewer moving parts than internal combustion engine (ICE) vehicles, EV vehicles have lower servicing and maintenance costs, potentially reducing expenses by up to 30% over the vehicle's lifespan.
Technology Enhancements That Boost Productivity
EV vehicles offer more than just lower emissions and reduced maintenance costs. They are technologically advanced, providing features like autonomous driving, satellite tracking, route planning, and safety enhancements. These technological advancements improve the operational efficiency of fleets and pave the way for innovations such as wireless charging.
With EV vehicles, fleet operators can utilise real-time data to optimise routes, monitor driver behaviour, and manage fuel consumption. These features not only help reduce electric vehicle cost but also provide valuable insights that contribute to better decision-making and enhanced productivity.
Extensive Range of Electric Vehicle Options
The market for EV vehicles is more diverse than ever, offering options ranging from plug-in electric vehicles (PEVs) to hybrid models. Many major automakers, including BMW, Nissan, Aston Martin, Tesla, Rivian, Renault, Audi, Volkswagen, Toyota and Mercedes, have shifted focus to producing EV vehicles. As a result, fleet managers can select from a wide variety of models to meet their specific needs and budget.
EVs are projected to make up two-thirds of all road vehicles by 2050. Understanding the differences among EV types—such as range, charging time and fuel economy—helps fleet managers optimise vehicle selection, further reducing electric vehicle cost and enhancing fleet efficiency.
Boosting Brand Reputation with EV Vehicles
Switching to an electric fleet can also enhance a company’s brand reputation. Companies that adopt EV vehicles demonstrate their commitment to sustainability and environmental responsibility, which resonates well with customers. This shift is not only a Corporate Social Responsibility (CSR) initiative but also an opportunity to differentiate the brand in the marketplace.
Using EV vehicles signals that a business is forward-thinking and environmentally conscious, strengthening its public image. For employees, knowing they work for a company prioritising sustainability can increase job satisfaction and loyalty.
Significant Environmental Impact of EV Vehicles
The environmental impact of switching to EV vehicles is substantial. Road vehicle emissions have contributed significantly to global warming, and the Climate Change Act 2008 requires the UK to reduce emissions to 80% of 1990 levels. By switching to EV vehicles, fleet operators can help reduce CO₂ emissions by up to 40%, benefiting the environment and public health.
Transitioning to EV vehicles will not only mitigate climate change but will also improve air quality and strengthen the UK’s energy security by reducing dependence on imported oil. Although transitioning to an electric fleet requires upfront investment, the long-term environmental and financial gains make it worthwhile.
Future-Proof Your Fleet with EV Vehicles
From cost savings to environmental benefits, adopting EV vehicles has clear advantages for businesses and fleet managers. With ongoing government support, including grants, tax incentives, and infrastructure development, now is the perfect time to transition to an EV fleet.
EV vehicles offer enhanced operational efficiency, lower maintenance costs, and substantial reductions in electric vehicle cost. By investing in EV vehicles, businesses can future-proof their operations and set an example as leaders in sustainable practices. The UK government has outlined its commitment to zero emissions in the "2035 Delivery Plan" for a carbon-free transportation future.
How can Prolius Fleet help?
Before making the transition to an EV fleet, the Prolius Fleet management platform can help you streamline your fleet operations from a single unified platform, providing valuable insights which will allow you to identify processes and efficiencies needed to help with the decisions when moving to electric vehicles.
Schedule a demo today and explore how we can make a difference to your fleet operations.