Electric Vehicles
Businesses have crucial role in driving the shift to EVs By modelling a high ambition scenario where the vast majority of new bus and light duty fleet vehicle sales are EVs by 2030, a new report from the Climate Group shows that a wider shift to electrification is possible and would have far-reaching impacts A new report by international non-profit the By modelling a high ambition scenario Climate Group has found that most buses where the vast majority of new bus and light duty fleet vehicles can switch to and light duty fleet vehicle sales are EVs in leading markets by 2030. Doing so EVs by 2030, the report shows that would deliver transformational benefits on faster electrification is possible and top of significant carbon cuts, including for would have far-reaching impacts. health, infrastructure and battery innovation. Helen Clarkson, CEO of Climate Group, said: The analysis, which was carried out “Businesses, governments and public sector in partnership with global sustainability organisations have about half a billion light consultancy SYSTEMIQ, sets out to duty vehicles in their fleets around the world. understand the impact of businesses By switching these vehicles to electric, and governments accelerating these organisations can use their the electrification of purchasing power to drive us to their fleet vehicles. a better future. Not only can Acceler Calculations show fleets electrify faster, but the elec ating that buses and crucially it would help to trificatio light duty vehicle bring about a wider shift of fleets n fleets make up a to clean road transport by c o uld av id over fifth (21 per cent) supercharging demand, 3 billion of vehicles on the boosting infrastructure t o o n f carbon nes road yet contribute and growing the used dio to a quarter (26 per EV market, making them by 2030 xide cent) of road transport more readily available and emissions. At present, affordable for consumers. fleet vehicles are being left As we head towards COP26, behind in the electrification we need the right commitments, race as the majority of EVs driven policy support and investment to today are privately owned passenger vehicles, make faster fleet electrification a reality.” while just 11 per cent are part of fleets. COP26 President-Designate Alok Sharma
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DRIVING THE SWITCH TO CLEANER FLEETS | www.greenfleet.net
said: “Reaching net zero by the middle of the century requires a step change across all sectors. And switching to electric vehicles is a crucial part of the action we need to take to hit this goal and keep the target of limiting global temperature rise by 1.5°C alive. I am encouraged by research such as this which shows that change is within reach. We must all work together ahead of COP26, and beyond, if we are to secure a greener future.” Cutting carbon emissions Accelerating the electrification of fleets could cumulatively avoid over 3 billion tonnes of carbon dioxide (3.1 GT CO2e) by 2030, when compared to the BloombergNEF Electric Vehicle Outlook 2020. This emissions saving is similar to the current annual contribution of India, the world’s third highest emitter. On top of this, the positive knock-on effects of fleet electrification, such as a bigger used EV market, would contribute savings of a further 700 million tonnes of carbon dioxide, resulting in a total combined reduction close to the annual emissions of the European Union (3.8 GT CO2e). Boosting the used EV market The used car market for EVs would be around 40 per cent larger in 2030 and over 70 per cent larger in 2040, under this accelerated scenario. This would mean an extra 7.2 million secondhand EVs on the market in 2030, increasing choice and affordability for individuals and organisations without ready access to finance.
