What are the Benefits of EVs for Australian Businesses?

Annually, over 40% of new car sales are for fleets, with a huge turnover of 450,000 vehicles for business, government, and rentals.

However, something that is less talked about is the trickledown effect that corporate fleets have beyond their own company in increasing Australia’s EV uptake. 

To break it down, typically fleets will update their vehicles within 3-5 years of purchase, sending the old vehicle to the secondhand market. If more Australian companies commit to only purchasing electric vehicles by 2025, this will provide a significant feeder for the Australian public to access more affordable electric vehicles faster. 

If you’ve been considering making the transition as a business to an electric vehicle fleet, the case for making the change has never been stronger. 

The Cost Benefits of EVs 

According to Australia’s Electric Vehicle Council, running an electric vehicle is around 70% cheaper than their internal combustion engine counterparts. 

Not only is this a result of removing the cost of fuel, but EVs come with reduced maintenance and repair costs as a result of less moving parts. 

Some EVs can act as a home battery, allowing your business to store excess solar to use when the sun isn’t shining. 

Using an energy management tool like the EVOS Energy Platform to share power between EV chargers has the potential to manage the cost even further, avoiding any costly infrastructure upgrades at your workplace. 

Sustainability Leadership 

Transitioning to an electric fleet not only means your business is actively contributing to reducing emissions but will position you as a leader in sustainable practices. Customers are increasingly demanding companies they support reduce their environmental impact, and having an electric vehicle fleet is a visible way to demonstrate your business’s commitment.  

In today’s competitive employment market, corporate leadership in sustainability is also a critical factor in both recruiting and retaining high-caliber talent. A recent study suggested that two-thirds of employees prioritize job opportunities at both environmentally and socially responsible companies. 

Our Energy Platform here at EVOS reports on carbon savings, streamlining your reporting and allowing you to easily understand the impact your business is having by transitioning to an electric vehicle fleet. 

Now is the time to demonstrate your company’s innovativeness and leadership by making the transition to electric vehicles ahead of the curve. 

If you have any questions about how EVOS can assist with your business's transition to an electric vehicle fleet through our energy management solutions, reach out to our friendly sales team at sayhi@evos.com.au