The Top 10 Businesses Leading The EV Fleet Race

The Top 10 Businesses Leading The EV Fleet Race

International Transport Forum states that almost one-third of transport-related CO2 emissions are from trade-related freight fleets. With the 2030 ban on the sale of fossil-fuelled cars looming, attention will turn to business road users to see what they’re doing to drastically reduce emissions.

To get a jump on inevitable electrification, many companies are taking matters into their own hands before legislation demands it and committing to EV fleet targets. In their latest research, Select Car Leasing take a look at 35 companies that have committed to EV fleet targets and estimated how much they’re going to save in CO2 emissions every year.

Lyft’s EV Fleet Will Save The Same Emissions As 2,455 Wind Turbines

Leading the way by a country mile is Uber-competitor Lyft, pledging to introduce a staggering two million EVs on the road by 2030. With its electric fleet, it would save 11.8 million tonnes in CO2 emissions every year – the same amount saved by running 2,455 wind turbines.

Amazon, in second place, would need an EV fleet 20 times bigger to match Lyft, but there’s still no underestimating Bezos. The first of the custom-built Rivian vans made their maiden delivery runs this year with 10,000 of them promised to be on roads by 2022. The entire fleet is scheduled to be running by 2030 as part of Amazon’s pledge to be a carbon-neutral company by 2040.

The UK government’s EV Fleet could save 230,000+ tonnes of CO2 emissions each year

The UK is well represented in Select Car Leasing’s Race To Electrification Index, with four UK owned businesses appearing in the top 10. GlaxoSmithKline, a big player in Britain’s COVID-19 vaccination programmes aims to have 19,000 low with four government-owned businesses appearing in the top 10. BT Group has also pledged an EV fleet of 30,000.

But it’s the UK government that is leading by example in Select Car Leasing’s research as they’re planning to electrify their entire fleet of 40,000 vehicles by 2027, three years ahead of the new fuelled car ban. It’s estimated that by making the switch to electric, the government will save 236,000 tonnes in CO2 emissions per year.

The EVFA would collectively save 413,000 tonnes of CO2 emissions per year

The seven British companies making up the Electric Vehicle Fleet Accelerator (EVFA) have all pledged to convert their fleets to electric by 2030. Collectively, the combined fleet of 70,000 vans from BP, BT, Direct Line Group, Royal Mail, Scottish Power, Severn Trend and Tesco would save 413,000 tonnes of CO2 from being emitted every single year.

Methodology:

Select Car Leasing applied the average emissions figure (159g of CO2 for every kilometre travelled, according to transport campaign group Transport & Environment) and average yearly mileage (36,975km, according to the UK government’s statistics) to the number of vehicles in each fleet.

Credit:

Select Car Leasing’s research

Prepared by Suzanna Hayek