Driving change: The top 5 reasons to upgrade your fleet to electric vehicles
August 22, 2019
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August 22, 2019
Low-emission and pure electric vehicles (EV) used to be reserved either for the extremely wealthy or the highly altruistic. However, with energy companies investing in renewables, car manufacturers improving their product ranges, and increased public interest influencing Government policy, EV is quickly becoming an ethical AND affordable option. Whether you’re worried about your business’ environmental impact or looking to cut costs, it’s never been a better time to upgrade your van or fleet to EV. Here’s why..
From November 2017 to December 2018, Zap-Map – the EV journey planner – recorded an additional 6,000 connectors to its network. This increase of 47% of connectors brings the total number of devices in the U.K. to 14,886. Previously, connectors were predominately localised in urban areas, particularly in London. However, the devices now extend beyond major transport routes and petrol station forecourts. Tesco is now installing charging bays, bringing even the remotest parts of the U.K. into range.
It’s not just the frequency of charging points increasing either. This month, BP announced the installation of ultra-rapid charging points, offering 400km of charge in only 15 minutes. Convenience comes at a price, of course, with charging points usually billed based on their relative speed.
The Public sector is also driving change, with the Ministry for Transport recently pledging an extra £2.5 million to improve local authorities’ residential charging availability. – ideal for EV owners who don’t have the luxury of off-street parking.
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Range anxiety exists for a reason, but as technology improves, increasing accessibility and efficiency, it’s not long until EV will be as simple as filling up with fuel.
How eco is EV? This question used to be valid for early adopters after taking into account the manufacturing process and the fossil fuel heavy electricity source needed to charge it. But with more and more suppliers investing in renewable electricity generation – the national grid believes this year will be a record for renewables – and independent suppliers such as Octopus Energy, offering 100% green electricity tariffs, maximising your EV’s impact has never been easier.
It’s not just customers you can protect by making the switch. Pure EV cars and vans don’t produce air pollutants such as exhaust particulates. This fact means that you are directly positively affecting your local areas air pollution and by extension, your local community’s health and wellbeing.
Buying and owning an EV has never been more economical, with rising fuel costs, government incentives, and rapidly advancing technology combining to make EV a commercially viable alternative to combustion engines.
How quickly your EV breaks even though will largely depend on the price you’re paying for your electricity. The less you pay per kWh, the less you pay per mile. Love Energy Savings specialises in finding the best energy deal for businesses and its founder and CEO knows all about the importance of being an early adopter.
I started this company to disrupt the status quo, putting rotten energy contracts under the spotlight and holding suppliers bang to rights. 10 years later it’s great to still be at the forefront of positive progress, helping make the transition to EV seem less of a leap and more of a step.
Government intervention is also quickly making EV more affordable for business owners. The plug-in grant now extends to vans, with the Government offering to cover 20% of a new vehicle’s value up to £8,000. Ultra-low emissions zones are also becoming increasingly common in urban areas, with pure EV avoiding the charges attracted by fossil fuel cars.
Payload, capacity and range are improving exponentially with manufacturers competing to expand their EV ranges to appeal to a broader range of business sectors. This progress is being fast-tracked by improvements in battery capacity and weight making EV no longer a compromise but a boon to operations.
It’s not just size and variety which is fast-tracking the commercial EV market, and manufacturers are tackling productivity with a whole host of energy-saving cockpit modifications. Look out for real-time range calculators, uphill assist, single-shift transmission, and vehicle moving alert systems because EV engines are so quiet you need remind pedestrians their moving. Great if you’re doing the rounds first thing in the morning in residential areas.
Environmental issues take up more consumer attention every day, with mass-media sharing increasingly sensationalist stories of local and national scale crises. This conscientious messaging is significantly impacting consumer lifestyle choices; influencing how and where customers are spending their hard-earned money. This shift in consumer demand offers a commercial opportunity for companies willing to invest in the initial outlay of EV, with customers more willing to spend their money with an ethical identity. Modern preconceptions about the implied cost of an ethical business model also mean this initial cost does not have to be entirely subsumed into a company’s overheads. Customers are often willing to pay a premium for the peace of mind that their money is not negatively impacting the planet.
With the ethical market now worth an estimated £83.3 billion in the U.K., investing in an EV fleet could be a smart business decision for the planet and your bottom-line.
Content executive for Love Energy Savings, the business energy comparison specialists, Sam’s writing explores the link between profit and the planet, researching sustainable ways for businesses to realise commercial opportunities from changing consumer and business landscapes.
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