UK Fleets can cut costs with a switch to EV.

A rapidly increasing number of individuals and businesses recognise the importance of reducing CO2 emissions and are turning towards sustainable transportation methods. One of the leading solutions is the switch to electric vehicles (EVs), which saw a significant increase in sales by 40% in 2022. Although reducing a carbon footprint is a priority for many, the benefits of EVs for both individuals and companies do not stop there. Even if CO2 emissions were no longer an issue, there are a myriad of compelling advantages to electric vehicles that can unlock significant savings. In this feature, we’ll take a deep dive into the potential benefits and savings of EV use. Before I discuss these advantages however, it feels incumbent upon me to dispel the prevailing myth surrounding electric vehicles – the erroneous notion that they generate more CO2 emissions than they alleviate.

By Tom Rowlands is FLEETCOR’s Managing Director, Global EV Solutions.