05/08/2026

The Business Case for EV Fleets Is Getting Hard to Ignore

Source: Fleet Management Weekly

Automakers have been touting that EVs have a lower total cost of ownership for some time. Now, a new study from consulting firm EY and Eurelectric, a trade association for Europe’s electricity industry, makes it hard for bean counters to ignore the savings of going electric.

The study argues that switching a corporate fleet from gas to electric could cut total vehicle operating costs by as much as 50%. That’s thanks to cheaper energy costs (versus gasoline), lower maintenance requirements, and various regulatory perks that favor EVs as a whole. In fact, the report finds that companies that move from diesel to battery-electric vans can achieve cost savings between 15% and 40%.

The economics of EV ownership makes a lot of sense. It’s not a political issue or preference when it comes to businesses.

via Electrek