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Electric vehicles can save businesses money

Posted by Cathy Debenham on 2 July 2013 at 9:09 am

The UK ranks 15th in Europe for uptake of electric vehicles, despite attractive financial benefits for companies, according to a recent report by the IPPR. France and Norway have bought the highest proportion of electric vehicles.

The report reveals that businesses can save £3,755 over a four year period by switching from a standard fuel to an electric vehicle, while an employee could save £5,197 in fuel savings and tax benefits by buying a Nissan LEAF rather than a Ford Focus Zetec S. A public sector employee could save £3,755 over the same period.

As one of the first companies in the UK to install a solar car port equipped with two electric vehicle chargers, the Green Electrician Group is aware of the benefits of expanding its own low carbon fleet, including zero company car tax, reduced motoring costs and the government plug-in car grant.

“Most UK business journeys are no longer than 60 miles in a day, making a vehicle like the Peugeot Partner Electric van a real contender,” says Sales Director, Stephen Davies. “The low cost of electricity compared to diesel or petrol increases the incentive to a point where it really makes sense for individuals and businesses. Installing solar panels with either standard or fast chargers could reduce motoring costs to zero, making it a compelling argument for going electric."

The electric vehicle market continues to develop in 2013 as the new plug in hybrid Porsche Panamera joins the line up, with a new Nissan LEAF, VW e-UP!, Renault Zoe and Peugeot Partner EV van shortly in mainstream production. There are 36 alternative fuel cars currently on the market and just 4,000 electric cars on UK roads today. The aim is to increase it to 1.7 million by 2020.

IPPR has some suggestions as to how this could be achieved: It recommends a new government buying standard, mandating that the fleet average for all new cars procured by central government should not exceed 95g CO2/km by 2020 should be phased in. Local authorities should also look into buying electric vehicles and take advantage of the economic opportunities they offer.

It also suggests that local authorities develop a national EV charging infrastructure. It calls on them to take full advantage of funding from central government to do this, and to work together to ensure that rapid charging points are put in the most useful locations.


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2 comments - read them below or add one


chrisevansComment left on: 31 July 2013 at 12:42 pm

I am not yet convinced on the long-term viability of electric vehicles. The batteries will inevitably need replacing after a few years and at what cost? With other pollution free alternatives like the hydrogen fuel cell technology they might not be such a good investment.

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utility-exchangeComment left on: 2 July 2013 at 3:02 pm

For businesses making short journeys every day electric vehicles seem to be the way forward. If they introduce solar panels to charge them and generate electricity for their business too it seems it should be a win win solution.

We definately need more charging points across the country though and their location needs to be advertised!

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