The future of transportation is electric. It’s a fact that’s been proven by the rise of EVs, and it will continue to be a reality as more vehicles switch to electric power. Electric vehicle technology has advanced in leaps and bounds over the past few decades, with more improvements being made every year.
These advancements have made EVs more attractive for businesses that want to reduce costs while also improving their environmental impact on the world around them. Let’s explore some of these benefits:
EVs are not new
EVs are not a new technology. They’ve been around for decades, but their popularity has increased with the introduction of new models and incentives.
In fact, electric vehicles (EVs) are so popular that they have become one of the most popular choices for business owners who want to reduce their carbon footprint without sacrificing performance or reliability.
EVs can reduce costs
“One of the biggest benefits of electric vehicles is that they don’t need to be maintained. This means that you can save money on fuel and maintenance costs, which would otherwise be spent on ever-increasing fuel bills.
A typical fuel-powered vehicle will require about $100-$200 worth of repairs annually—and that doesn’t include replacing parts when they break down because they were never properly maintained in the first place! If your electric vehicle was driven for 300 kilometres per year instead, it would only cost about $60 per year (based on average fuel prices).”
EV technology is improving
EVs are becoming more accessible.
The cost of electric vehicles has dropped significantly over the past few years, making them more affordable than ever. As a result, many business owners are choosing to buy an EV over traditional fuel-powered vehicles when they’re considering buying one in their fleet business. In addition to this trend increasing sales of EVs around the world, there is also evidence that more and more businesses are switching from owning vehicles with internal combustion engines (ICEs) to using them exclusively for short business trips or commuting purposes only—and that’s great news for businesses who want employees who don’t have any personal transportation needs at all!
EV charging infrastructure is growing
EV charging infrastructure is growing. The number of charging stations around the world has doubled in the past five years, with projections that it will continue to grow at a healthy pace through 2022. In fact, according to Navigant Research’s Electric Vehicle Charging Infrastructure Outlook 2019 report, annual global EV charging installations could reach 1 million by 2026—the same year that half-million EVs are expected to be sold globally every year (up from 400,000 per year).
EVs are good for the environment.
The environmental benefits of EVs are numerous. For starters, they reduce emissions by 80% compared to fuel-powered vehicles. They also have a smaller carbon footprint than their counterparts because they use less energy per kilometre travelled and produce no harmful pollutants like smog or greenhouse gases like carbon dioxide (CO2).
EVs’ fuel efficiency makes them ideal for urban areas where there are narrow roads, which means less road congestion and better traffic flow in cities. In addition to helping conserve resources on a global scale, EVs can even help save money over time by reducing vehicle maintenance costs—especially if you own more than one car at home!
The future of fleet management relies on electric vehicles.
Electric vehicles are the future of fleet management, and they’re here to stay. In fact, it’s hard to imagine how fleet management could be done without them anymore. With the growing number of electric vehicle models on the market today and more coming in every year, there’s no reason for you not to make this change now if your business wants to stay competitive in a fast-changing world.
The future of fleet management relies on electric vehicles. As more and more people embrace the technology, we’ll see an increase in its use for both public transportation and private fleets. Electric vehicles are not only better for the environment because of their zero emissions but also cost-effective for companies that need to reduce fuel costs. With these benefits in mind, it’s clear why companies are investing heavily into electric car technology; they know how important this new trend is going forward!