Electric vehicles offer cost-saving potentials for company fleets

Decarbonizing fleets is associated with high initial costs. However, electric vehicles offer higher long-term savings potential compared to internal combustion engines. Therefore, when transitioning a fleet to electric propulsion, costs should always be considered over a longer period – this is a recommendation from Shell Fleet Solutions.

Tax Benefits for Company Fleets

Taxes and levies for electric cars used as company vehicles are promoted by legislators more than conventional internal combustion engine vehicles. On one hand, there is the possibility to deduct the acquisition costs of electric vehicles for tax purposes and for eligible companies to additionally claim the so-called input tax deduction. On the other hand, electric cars are exempt from vehicle tax, which can significantly reduce the ongoing costs of a company fleet.

Cost Structure and Future Security

A company-owned charging infrastructure is another important factor in reducing the ongoing operating costs of a company fleet. Compared to public charging stations, electricity procurement on company premises is generally much more attractive, as it is often individually contractually agreed upon, and costs can thus be exponentially reduced in relation to the number of electric company vehicles. In terms of ongoing maintenance and repair costs, electric cars can also prove to be more economical than conventional vehicles in operation, as they require less maintenance and repairs in the drive train.