How company car fleets can switch from fossil fuels to EVs | Autocar

  • 📰 autocar
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 67%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

With a multitude of available fuel types and tax-based red tape, here's how to avoid unnecessary costs for electrified fleets:

The good news for drivers is those rates should cover the cost of the fuel and electricity used. Unfortunately they can also be also generous enough that a driver could choose not to plug in at all, and still wouldn’t be out of pocket. A lot of PHEVs have large petrol engines and would be able to claim at 27p/mile, which would result in some hefty travel expenses.

Although rates can be adjusted, it’s not a straightforward fix, as Association of Fleet Professionals chair, Paul Hollick, explains: “Generally, our advice is to use AFR rates as a minimum for PHEVs, otherwise employers need to track how many miles are done by each driver and vehicle on electric and on ICE power, which is extremely difficult and time consuming.

“In fact, in most real world conditions, there is an argument for paying more than AFR, as most PHEVs will cost in excess of the current rate to run.”There are some upsides to electricity getting a unique tax treatment, which can help keep costs down. Home charging is vital for BEVs and especially PHEVs, as it’s the cheapest and most convenient way to top up. The UK government has stepped up funding for charge points in flats and rental properties, but recently stopped offering support for homeowners in single-occupancy properties . Employers can also pay to install chargers at drivers’ houses, without any tax implications.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 93. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines