Should you consider electric vehicles for your fleet?
Written by Benedict Harrison
We take a look at why the popularity of electric vehicles is on the rise.
As a fleet manager, choosing the right vehicles is an important decision, whatever kind of business you run. With so many different makes and models available and with so many important factors to consider, it’s not always easy to know which option is right for you.
One of the key considerations for you to decide upon is whether you want to join the growing number of fleet managers who are choosing to build out fleets of electric vehicles. In this post, we’ll take a look at some of the reasons why the number of electric vehicle fleets is on the rise, so you can decide if going electric is right for your fleet.
Why is the popularity of electric vehicles on the rise?
Electric vehicles are becoming an increasingly cost-effective option for fleets, with improved vehicle batteries increasing the maximum mileage from one charge. There are also more charging points available than in the past, which makes it easier to keep your vehicles charged.
If your fleet regularly travels into Ultra Low Emission Zones (ULEZs) or regularly enters areas that incur congestion charges, electric vehicles help to reduce costs for your drivers. With congestion charges of £15 and a daily ULEZ charge of £12.50, your drivers’ savings can add up very quickly.
It costs roughly £4 to charge a modern electric car for it to travel up to 100 miles. To travel the same distance in a petrol car, it costs approximately £14 (Source: BBC News). If your fleet covers large distances, your drivers can save significant amounts of money over time.
With a fleet of electric vehicles, you can also benefit from generous BIK tax advantages for your drivers, which can save your business money due to reduced national insurance contributions.
How can Zego help to support your fleet?
At Zego, we know how important it is to move towards greener transport solutions as a society. We’re doing everything we can to support this by enabling new transport solutions to have insurance that suits their needs and also by offering competitive quotes to fleets of electric vehicles.
We design insurance products to help save fleets time and money. We put the needs of your fleet business at the heart of our products, designing solutions that are tailored to you and offer you a price based on how much cover your fleet actually receives.
When you set up a Fleet insurance policy with us, you get access to our dedicated management portal so you can add and remove vehicles with ease, whichever vehicles you decide to purchase.
For more information about our products, or if you’re looking to get started with your quote for flexible Fleet insurance, have a look at our Fleet insurance page. If you’re looking for more information about how our cover works, you can watch the video below.