Why fleets shouldn’t fear transitioning to EV

Business man standing near charging electric car or EV car and using tablet in the street at the sunlight.
Business man standing near charging electric car or EV car and using tablet in the street at the sunlight.

The majority of people do not like going to the dentist but going is a routine appointment to prevent cavities. Another type of preventative maintenance is having to get an oil change on your vehicle. Seeing your oil change light come on your dash is never a welcoming sight, but it is necessary to keep your vehicle in good condition. Unfortunately, you do have to continue going to the dentist, but what if I told you, you could stop having to worry about oil changes.

EV helps preventative maintenance

Oil changes are a lot of labor for technicians, but if fleets do not have fleet management software, it can be harder to keep up with preventive maintenance. Not only does fleet management software help, but electric vehicles (EVs) are a solution as well. Even though you continuously hear more about EVs as production continues to increase, 61% of fleet managers are not confident about their knowledge of electric vehicles.

If cutting out oil changes is not enough of a benefit to owning an EV, many other benefits can help save you money. The average annual cost of running an EV is 49%, or £1,306, cheaper than petrol or diesel cars. EV batteries also last longer than engines and are good for over 100,000 miles. Not only is the running cost less in EVs, but seven out of nine electric cars hold a better value over a four-year lease compared to Internal Combustion Engine (ICE) vehicles. Even if the initial cost of an EV is outside of your budget, there are ways around it.

EV is cost-effective

Despite the price of EVs being higher than ICE vehicles, they do have a lower total cost of ownership (TCO) because they require less maintenance and no petrol or diesel. If a new EV is too costly, there is the option to purchase a used EV instead. Either way, within the next four to five years it is predicted electric vehicles will be cheaper than other ICE vehicles once they meet their price parity. The UK also offers grants to assist with the cost and installation of EVs.

Grants have been offered by the UK Government to help people purchase and install charging points at home. There are also workplace ChargePoint schemes which benefit both employee and employer. There are lots of incentives to transition to EV in the UK.

EVs are the next sustainable step

Simon West-Oliver, AssetWorks Sales and Business Director believes the first step of any carbon reduction activity has got to be the exploitation of what’s available in the market today. ‘EV’s are your first step into managing carbon reduction within your organization. It may not be the best route forward, but it’s a start on that journey. In the next five years we may improve on EV’s. Without a doubt, battery technology is going to improve – the length and time of batteries capabilities and marketplace is going to improve. It may not be the only powertrain for the future brings but it is certainly the first step on the journey’.

Grants have been offered by the UK Government to help people purchase and install charging points at home. There are also workplace ChargePoint schemes which benefit both employee and employer. There are lots of incentives to transition to EV in the UK.

EV can go the distance (well, around 200 miles)

The job of your fleet is to drive, so you may be worried about your drivers not being able to travel a distance without having to stop for a recharge. Eighty-eight percent of EVs can go over 200 miles without having to be charged. The average daily drive is under 30 miles, so in the rare case a driver does a long drive, there are close to 29 thousand public chargers in the UK. The number of public chargers will continue to increase alongside the production of EVs.

By 2025 the majority of cars on the road will be electric, so that means more fleets will be transitioning to electric as well. Despite all the benefits of having an electric fleet, the transition may still be worrisome. Those at AssetWorks understand those worries and have created the solution to help, FuelFocusEV. Not only does FuelFocusEV help manage EVs, but it helps fleets get the most out of EV charging.

Whether an employee charges at a private or public charging station, the software automatically imports the charging transaction. The software will make sure to import the time of charge session and the kilowatt per hour cost.

By switching to EVs you are already set to save money, but FuelFocusEV helps you save and improve the accuracy in capital planning. You will save money and time by accurately accounting for both private and electric charging sessions.

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