12 Jan '18, 9am

ULEVs could save UK firms thousands each year

ULEVs could save UK firms thousands each year

12.1.2018 ULEVs could save UK firms thousands each year A Go Ultra Low survey calclated UK SME savings total more than £650 million Small and medium sized businesses could save almost £1,500 a vehicle if they switched to electric models according to Go Ultra Low. The combined total could save UK small and medium sized enterprises (SMEs) £625 million, thanks to the lower whole-life costs afforded by plug-in vehicles. Data provided by Lex Autolease shows that a Hyundai IONIQ Electric or Plug-in Hybrid benefit from a £120 monthly whole life cost saving over a comparable Hyundai i40 1.7 CRDi diesel. This adds up to an annual saving of £1,440. There are around 480,000 SMEs in the UK that currently operate vehicle fleets, averaging five models per business. An estimated 46,000 already run EVs calculated on fleet market share figures, leaving around 435,000 SMEs able to save more...

Full article: http://www.nextgreencar.com/news/8274/ulevs-could-save-uk...

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