Teletrac Navman Introduces EVs to Company Fleet
Electric vehicles are the future of transport in the UK
Teletrac Navman forecasts that 75% of its company fleet will be 0-emission at the tailpipe by the end of 2024, with all company drivers being given the option to utilise Electric Vehicles as part of a company-wide plan to reduce carbon emissions and become completely carbon neutral.
According to Teletrac Navman's fleet administrator, Lee Gregory
There’s a very good reason for businesses to be doing this: “by purchasing electric vehicles for our fleets, we can be at the forefront of industry-wide change and set an example for others. It’s especially important for major corporations to lead the way if we want the UK to achieve its goal of becoming a net-zero carbon emissions country by 2050.”
Maximizing ROI: The Financial Case for EV Adoption
Whilst usually costing a premium against traditional internal combustion engine vehicles, Lee outlines that adopting a Whole Lifetime Cost model and implementing an EV policy helps organisations control costs— “they don’t just save money at the pump, they also cost much less to maintain than traditional cars. That’s especially true in comparison with diesel engines: Electric cars are said to cost on average £7 per 100 miles compared to £10 a mile for diesel. Considering how many miles UK drivers put on their vehicles—the average is around 15k miles per year—that adds up quickly”.
The Whole Lifetime Cost model (WLC) is a powerful tool for calculating the lowest cost options for a vehicle’s lifecycle. Combined with a robust vehicle policy, this model reduces the costs and disruption of unplanned repairs and maintenance.