08 May Driving Towards Success: The Top Three Benefits of Electrifying Your Company’s Fleet
The switch to Electric Vehicles is at the heart of Ireland’s push towards a sustainable future. the current government aims to have 950,00 electric vehicles (EVs) on our roads by 2030. Part of the solution is a focus on private fleets, with the Climate Action Plan 2023 looking to have 30% of our private car fleet switched to electric by 2030. The plan also details that fleet electrification will continue to provide the greatest share of emission reductions in the medium-term.
Ambition also brings challenges. In this case the challenge is for fleet managers, who need and want to make the switch to electric. Whether you have 5 or 100 vehicles on the road, the transition to a full EV fleet can be daunting. The decision to make the plunge, and more importantly a successful plunge, is crucial. There are many benefits to electrifying your fleet, but here are our top three reasons why you should make the move today.
Operational Efficiency and Reduced Costs
To meet the growing demand of environmentally conscious customers across the world, operational efficiency is important for businesses to remain competitive. As electric vehicles don’t require oil changes or exhaust system repairs and have fewer moving parts than ICE vehicles, overall service costs are lower. This research also shows that as electric vehicles cost between 50 to 60% less to fuel than petrol and diesel cars, businesses can save money on fuel and travelling.
With features such as regenerative braking, fleet drivers can avoid harsh breaking and conserve energy, reclaiming around 20% of energy that is lost in ICE vehicles. In addition to this, electric vehicles allow drivers to maintain consistent speeds and accelerate quicker, facilitating faster delivery times for business owners. With regenerative braking, electric vehicles have less brake pad wear, offering your business with a more reliable and cost-saving solution.
Regulatory Compliance and Positive Environmental Impacts
Countries such as Norway have seen high levels of EV ownership which has helped reduce carbon emissions and reliance on fossil fuels. While transitioning to an EV fleet offers operational efficiency, it is also important for businesses to consider their environmental impacts. As governments across the world plan to meet environmental targets, electric vehicles have become important in helping accelerate goals to combat carbon emissions. Opting for EV charging can allow businesses to meet their own environmental objectives as well as governmental regulations.
Research from the SEAI shows that electric vehicles can reduce a business’s carbon footprint by up to 100g/km CO2, equalling 1.5t CO2 for an annual mileage of 15,000km. By adopting EV fleet charging now, organisations can stay ahead of environmental regulations and future-proof their businesses, ensuring long-term sustainability and profitability.
Increased Reputation and Environmental Leadership
Company vehicles are an extension of your services and play a crucial part in creating either a positive or negative brand image among consumers. The availability of EV charging has shown to influence consumer choices and businesses that make the transition can reach a new segment of customers, EV drivers. Sustainability sections detailing environmental contributions are being increasingly seen in business tenders. By electrifying your fleet, you will show that you are taking corporate social responsibility seriously while gaining a competitive edge over other businesses in a competitive tender process.
According to a recent global survey by McKinsey & Company, 70% of electric vehicle drivers would like to charge sustainably and 55% of consumers believe that green charging from renewables is important. As consumers become more environmentally aware, they are looking for businesses to do the same. Not only are consumers becoming more environmentally conscious, so are investors and stakeholders, meaning that aligning your business goals with sustainability initiatives will help scale your business. Research shows that more than 50% of investors plan to increase sustainable investments in the next year, so it’s more important than ever to showcase your commitment to sustainability and position your business as industry leaders.
Make the Transition to EV Fleet Charging with EasyGo
Whether you are looking to increase operational efficiency, save costs or are looking for a more sustainable solution for your drivers, our dedicated customer support team are available 24/7 to guide your business and drivers in the transition to EV fleet charging. We have a proven track-record of helping companies electrify their fleets like Bord na Mona and Lidl.
For more information on accessing and how to sign-up to the easy-to-use EasyGo network, click here or contact us at fleet@easygo.ie.
If your business is looking to learn how much money can be saved by electrifying your fleet, check out our EV Fleet savings calculator here.