Businesses with fleets need to reconsider their company vehicles. The idea of starting from scratch by replacing old vehicles with electric ones may hurt since it does represent a significant investment, but there are some electric vehicles benefits to consider.
Lower Fuel Cost
Okay, one cost that is constant for business owners that have a fleet is the fuel. You never know how much it’s going to cost because prices fluctuate.
It gets worse if your fleet has to travel to several places, like North London to Watford, to St Albans and many other places. More travelling means you’ll be spending a lot of money at petrol stations. You can significantly cut petroleum costs for your business if
you invest in electric vehicles. This benefit is usually enough for most businesses, but there are more business benefits of EV electric vehicles.
Another benefit that should be pointed out is that when driving one of these vehicles you get to avoid paying Congestion & ULEZ charges in the Central London Area. Even if they are small fees, they end up adding up, especially if your fleet is big enough.
Electric vehicles don’t give off the kind of emissions that regular vehicles do, so you don’t have to worry about paying those extra charges. You know that there’s a public uproar hoping that the UK continues its fight against emissions, so you never know when these types of charges could expand. Having the peace of mind that you won’t have to worry about that, is one of the best electric vehicle benefits out there.
Improving Brand Image
People want businesses to care for the planet. This is something many people around this country want so badly that they would prefer to spend money on a company that has invested in eco-friendly practices. People want to feel like they are contributing to the health of this planet with their money, which is where companies like yours come in.
Making sure your fleet is eco-friendly is one of those business benefits of EV electric vehicles that you need to consider. This hunger for environmentally conscious companies only seems to be getting stronger. Therefore, you must use this opportunity to find ways to tell your current and your new customers that you are taking aggressive steps to ensure that your company is eco-conscious.
Electric Vehicles Benefits in Tax Perks
It should also be pointed out that there are different tax breaks that you might be eligible for. Now, the amounts differ depending on the type of vehicles you end up purchasing and their ultimate price but they are there. It may be a good idea for business owners to consult their tax experts to see what kind of incentives are available to you, should you decide to make investment in electric vehicles to benefit your business further.
Now, these tax breaks aren’t forever, but all business owners know that every little bit counts for something. The UK does tax citizens and businesses, so any relief that you can find from time to time is worth the trouble. You may want to pay attention to the kind of incentives the UK implements and consider upgrading when the time is right.
Improves Internal Morale
Keeping good personnel is hard for many companies out there. Creating that sense of loyalty is simply not working out for many. However making a big change like this one allows you to tell your employees they are working for a good corporate citizen.
Employees are people too, and a good chunk of them want to work in a place where they know they are making a difference. It may not work for all employees, but it might work with some and may even attract new talent hoping to make a difference as well. You know how much it costs to hire new employees and train them, so if this could help you retain more workers, then that’s a benefit worth having. It may be indirect electric vehicles benefits, but it is one that could repay most.
These are just some benefits your company may be able to enjoy by investing in electric vehicles. It’s okay to take your time to figure out your budget and if you can make this change quickly or if it’ll take you a while.