Shell Fleet Solutions Study: Electric Vehicles Offer Great Savings Potential for Company Fleets

Tax Benefits for Company Fleets

The taxes and charges for electric cars as company and business vehicles are promoted more by lawmakers than conventional internal combustion engines. On the one hand, this offers the possibility of deducting the acquisition costs of electric vehicles for tax purposes and additionally claiming the so-called input tax deduction for eligible companies. 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

An in-house charging infrastructure is another important factor in reducing the ongoing operating costs of a company fleet. Compared to public charging stations, the electricity supply on company premises is generally far more attractive, as it is often individually contractually agreed upon, and the costs can be exponentially reduced according to the number of electric company vehicles. Operational maintenance and repair costs can also be lower for electric cars than for conventional vehicles, as they require less maintenance and repairs.