Skip to main content

You are here

Almost a third of fleets are using EVs, according to new survey

Almost a third of fleets are using EVs, according to new surveyWednesday, 29 July, 2020

A recent study commissioned by London First of more than 500 UK companies found that almost a third of fleets are already using pure electric vehicles (EVs), while 46% have active plans to make the transition and a further 16% have begun to discuss it.

The move away from internal combustion engine (ICE) vehicles has been driven, in part, by new benefit-in-kind (BIK) tax rates. Company car drivers will pay no tax on pure electric vehicles (EVs) this financial year, while drivers of plug-in hybrid vehicles (PHEVs) are also enjoying much more favourable rates.