Costs & incentives - Page 6

Lowering a business’ environmental impact and cost advantages top a list of reasons why UK fleets are electrifying their company cars, research suggests.

Tom Rowlands, MD for global electric vehicle (EV) solutions at Allstar, discusses the savings that EV charging provides despite the increased cost of electricity.

The average transaction value of a service for an EV is currently about 22% less than an equivalent internal combustion engine car, new data suggests.

Ashley Barnett, head of fleet consultancy at Lex Autolease, looks at whole life cost of EVs and debunks some of the myths surrounding costs vs ICE.

EV drivers could pay up to eight times more to charge their car at home this winter, if they don’t make use of smart tariffs.

Just one in eight drivers (12.2%) thinks that the current 5ppm reimbursement rate reflects the true cost of charging an EV, according to a Fleet News poll.

UK businesses are set to invest £13.6 billion in electric vehicles (EVs) and supporting infrastructure, this year.

Arval UK says the savings for employees who are able to switch from petrol or diesel to an electric company car could help counter the cost-of-living crisis.

Alphabet has launched a new salary sacrifice product for its corporate customers.

Octopus Electric Vehicles has hit a milestone of more than 1,500 companies joining its salary sacrifice scheme in just over a year since its launch.

A call for case studies that can be used to support a push for an increase in the current advisory electricity rate has been made by the AFP and the BVRLA.

Dee Humphries, electric vehicle (EV) solutions director at Equans identifies the three biggest benefits from making the switch to an EV fleet.

Rising fuel costs are making most businesses with company cars seriously consider switching to EV and hybrid models (86%), new research from iCompario suggests.

The decision to scrap the plug-in car grant (PiCG) has been labelled “premature” and “disappointing” by the fleet and leasing industry.

The Government has withdrawn the plug-in car grant (PiCG), which was worth up to £1,500 off an electric vehicle (EV), with immediate effect.

Tusker and Diode have developed a new platform to provide greater levels of support to businesses looking to help their employees switch to electric vehicles.

The funding will support zero emission community transport and car clubs in addition to funding interest free loans for electric vehicles (EVs).

Octopus Electric Vehicles secures HSBC UK funding for its salary sacrifice scheme and Quartix announces the launch of an electric vehicle (EV) planning service.

Fleet Evolution says that insurance rates have increase by between 150% and 300% for electric cars in recent months.

Shell Fleet Solutions has launched Accelerate to Zero, a programme aimed at supporting fleets in their efforts to meet sustainability targets.

The high purchase price of electric vehicles is persuading small and medium enterprise fleets to consider leasing, says FleetCheck.

The development of multi-cycle leasing requires flexible software capable of managing subsequent leases of the same asset, says Sofico.

Latest advisory fuel rates issued by HMRC have left employees short-changed within days of being published.

The April edition of Fleet News is packed with exclusive interviews, best practice and insight, and a 25-page guide to electric vehicles (EVs).

However, the research from Total Motion shows that SMR costs for electric vehicles are approximately 27% lower than that of a petrol or diesel car.

The UK has been ranked the third best country in Europe for EV driving, but a shortage of charge points is threatening adoption rates, new research suggests.

The EV Café has announced a nationwide search with Geotab, for a fleet that is committed to making the transition to electric vehicle (EV) technology.

Tyre management is set to become the focal point of service, maintenance and repair (SMR) for fleets as they adopt electric vehicles (EVs), according to Fleet Check.

Hertz has partnered with electric vehicle (EV) rental company and eMobility provider UFODrive, to develop new solutions to make renting EVs more straightforward.

Aston Barclay has named the Tesla Model 3 as the most desirable used car and electric vehicle (EV) of 2021.

TCO benefits for EVs have diminished in many cases versus internal combustion engine (ICE) vehicles.

Christopher Caddick, head of business development at JCT600 Vehicle Leasing Solutions (VLS) reflects on the plug-in grant changes.

Leasing Options has announced a new partnership with providers of electric vehicle (EV) charging, Pod Point.

The Electric Car Scheme has launched in the UK as a new salary sacrifice provider offering electric vehicles (EVs).

Zenith’s personal leasing division says this has been driven by the fuel supply shortage in September 2021, and the UN climate COP26 summit.

Sogo has marked its first anniversary with record growth in December 2021, signing 1,200 new contracts with electric vehicles accounting for 30% of orders.

Vauxhall has cut the price of the Corsa-e and Mokka-e by £3,000, in response to the Government’s reduced plug-in car grant (PiCG).

The decision to cut the plug-in car and van grant by up to £1,000 and change the eligibility criteria has been criticised by the fleet and leasing industry.

The Government has cut the plug-in car and van grant rates and changed the eligibility criteria.

Three-quarters (74%) of fleets will be looking at how to manage electric vehicle (EV) business mileage in the next 12 months, new research suggests.