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Business vehicles: 5 good reasons to go electric

According to a Geotab study published in October 2020, a quarter of the fleet managers surveyed planned to electrify more than 50% of their fleet by 2025. Today, in view of the regulations in force, you are increasingly considering converting to ecological cars. To reinforce your idea, here are five good reasons to convert your combustion cars into electric ones.

1. Benefit from State aid

The price of electric vehicles remains a barrier for many businesses. To help you get started with the electrical conversion of your fleet, the State offers several devices such as:
· the ADVENIR program: to encourage the installation of charging stations in company car parks, this aid covers 20% of the cost of purchasing and installing the charging point, up to a limit of €600 excluding VAT per station.
· the ecological bonus: it can go up to €4,000 depending on the price of the electric car.
· the conversion bonus: it amounts to 40% of the cost of acquiring the electric car within a certain limit (which varies according to the class of the vehicle). This assistance is also available to businesses that opt for the electric retrofit of their thermal cars.

To find out the terms and conditions of each aid in detail (amounts, ceilings and conditions for obtaining), discover our dedicated article: Electrifying your company fleet: what aids and subsidies? (2022).

2. Committing to sustainable mobility

In 2020, more than 94.7% of greenhouse gas emissions from the transport sector came from road transport. Each company with a fleet of vehicles therefore has a role to play. For your CSR (Corporate Social Responsibility) strategy, Convert your fleet to electric demonstrates your concrete commitment and your desire to respond to energy and environmental challenges.

Depending on your activity, it is possible to communicate about your practices aimed at reducing your CO2 emissions. This will allow you to promote your brand image, stand out from your competitors and attract new customers.

Finally, an electric fleet brings a better quality of life at work for employees. They will be able to take advantage of a quiet vehicle offering them excellent driving comfort, make more ecological trips or even recharge their car at work.

3. Reduce the operating cost of your fleet

While the cost of buying vehicles represents a significant investment, it can nevertheless be profitable over the years. The use of an electric car on a daily basis is in fact relatively less expensive than a combustion car, both in terms of maintenance and in terms of the cost of recharging.

· Recharging
The price of charging an electric car depends on several factors, such as the car model, battery capacity, and the price per kWh. It is, in fact, cheaper than a full tank of fuel and varies between 3 and 12€ of electricity for a full recharge.

· The interview
The mechanics of an electric car are simplified. Thanks to the reduced number of parts to be monitored, it requires less restrictive and less expensive maintenance. Its price is 25% lower than for an internal combustion car.

> Read also: Maintaining your electric car: when, how and at what cost?

4. Take advantage of tax deductions

In addition to State aid, you can benefit from attractive tax advantages. By engaging in the electrical conversion of your company fleet, it is possible to be exempt from:
— the tax on the use of passenger vehicles for economic purposes;
— the regional tax on the car registration document.

In addition, the electric vehicle and the battery are depreciable. The depreciation rate is 100% and allows you to benefit from an advantageous tax deduction on corporate tax.
The ceiling is limited to €30,000 for the least polluting vehicles and €26,000 for the battery (depending on its power). On this subject, you can consult our article on grants and subsidies to businesses for more information.

5. Respecting and anticipating regulations

To accelerate the energy transition, vehicle emissions regulations are being tightened every year. The ecological penalty, for example, applies from 128 grams of CO2/km in 2022, compared to 138 grams of CO2/km in 2020. At the level of the European Union, measures are also multiplying. To anticipate future standards that will give even more advantages to green cars, you can act now and benefit from the advantageous amount of aid.

Businesses:The powerful technology of our charging points adapts to your needs and those of your employees. A guarantee of safety and reliability, our charging stations are equipped with a meter to measure the energy used during charging and to bill your consumption accurately. From installation to complete maintenance, we offer businesses a complete and turnkey solution. Discover our offers buying or renting charging stations and contact us for more information.

Sources: Phoenix Mobility, CMS