MAKING ELECTRIC CARS WORK FOR FLEETS
The business side of the quiet revolution
If it were just down to your drivers, adding electric vehicles to your company’s Fleet options would make one part of your job surprisingly easy.
Most people who get behind the wheel of a new generation EV are pretty much sold on the idea within a matter of miles - you couldn’t wish for an easier sell!
However for a Fleet Manager, we understand that jumping on board with EVs requires more thought. You need to decide if EVs fit into your company’s fleet policy, management processes and budgets; establish if there are benefits to be had in the day to day running of your fleet, and going forward, be convinced it makes sound business sense.
For that, you need the facts.
To bring you quickly up to speed on costs, savings, and the realities and myths about driving and recharging, we’ve gathered up some independent facts and verified figures.
The Cost Equation
Yes, EVs are initially a more expensive option. But factor in top line financial paybacks such as the automatic opt-in to the Government plug-in grant scheme worth up to £3,500; extremely generous BIK tax advantages for your company car drivers - plus a string of other significant savings, and you’ll find that financially, electric vehicles have a lot more going for them than you might have thought.
At a glance:
- Immediately save up to £3,500 with an automatic opt-in to the government plug-in vehicle grant scheme.
- Receive £500 toward the cost of business premise charging units.
- With fewer moving parts, servicing, maintenance and repairs are cheaper, less frequent, and easier to manage
- No Vehicle Excise Duty if the vehicle is under £40,000 - the SEAT Mii Electric is just £22,750.
- Fuel costs slashed: at just 2 to 3p per mile, electricity is two thirds cheaper than petrol or diesel.
- All EVs are exempt from paying the London congestion charge - saving drivers up to £2,990 per year if they drive in every day.
- Many large cities are planning their own congestion or exclusion zones, with EVs set to benefit from further exemptions and discounts.
- EV’s are rapidly growing in popularity with company car drivers thanks to appealing BiK rates.
The days when EVs ran short of battery power with nowhere to be found to recharge them are long gone.
The latest electric vehicles enable drivers to go about their business in and out of cities, across country and on motorways with complete confidence.
- Driving both in and out of the city, a compact EV such as the Mii electric, can cover as many as 160 miles between charges. If the driver keeps within city limits, the figure could rise to over 220 miles1 - more than most will ever need.
- Charge points are springing up across the whole country at a phenomenal rate. With more than 15,000 chargers at more than 10,000 locations, there are already more than 25,000 connectors across the UK.
- Finding a charge point is really easy. Services such as Zap-Map allow users to pinpoint their nearest charging location and provide easy charge point route planning from a smartphone or laptop.
Know your Tech
- Vehicle charging capabilities: When you’re charging using AC, the on-board charger affects the charging speed. On-board chargers vary in capacity from 3kW to 22kW, while DC charging relies on the model and battery capabilities, which can vary anywhere from 20-300kW.
- Power from the charging unit: Your car cannot charge faster than the unit’s maximum capacity. If your car has a capability of 11kW when charging with AC but it’s plugged into a lower output 7kW unit, then it will charge at a slower rate
- The size of the battery: Larger batteries take longer to charge – no surprise there. For example, an 8.8kWh battery will take around 2 hours and 15 minutes to charge with a 3.6kW charger, while a 18.7kWh battery would take around six hours.
1 WLTP range of up to 161 miles with combined city and motorway driving and up to 223 miles with 100% city driving. Figures shown are for comparability purposes and were obtained after the battery had been fully charged. Mains electricity required for charging. Only compare electric range figures with vehicles tested to the same technical procedures. Figures may not reflect real life driving results.