Should You Include Electric Cars in Your Fleet?

 As countries such as China, India, France, Germany, Britain and Norway strive to reduce their carbon emissions, it is likely that they will eventually ban gasoline and diesel vehicles to support cleanliness in some cities. If you work in one of these countries, the question of whether buying a hybrid or electric car is important to you arises.

Should You Switch To Electric Cars?

Not yet, but it could be sooner than you think. Although a full-scale market may take decades, major automakers are already shifting their plans to focus on electric, or at least electric, cars. After many months of testing, we now allow Tesla Model S and Model X as the first electric cars in our fleet for many regions in the UK. We have launched electric cars in some cities as part of our business, we and pay for each trip. GT Executive Cars are investing in electric cars for cleaners and a safer environment. The company's transition to electric cars is not just about technological progress or environmental sustainability, but it is also demanding. Although these cars may not be as luxurious as their main competitors, our customers love them: with an average of 4.94, Tesla outperforms all other models in the fleet.

 

 

A Tesla Model S may be available at a price range comparable to a BMW 5 series 

So, is it worth it? Whether or not you should buy an electric car depends on the factors specific to your situation. Our only advice is to check and make calculations according to your needs. Given the long (and growing) delivery times for new electric vehicles, we recommend doing this now, while you're still ahead of the curve. To help you decide if it's worth it, we've compiled model calculations, along with some sample data, in this Google Sheet, which you can also download as an Excel file. Enter your own data so you can compare your individual prices.

Advantages of including electric cars in your fleet

Depending on the cost of gas and electricity in your area, a hybrid or electric vehicle may be cheaper to operate than many of the vehicles found in our industry. Taxes, parking fees and resale value can also be significantly lower for electric vehicles.

 

1. Reduce fuel costs 

Fuel is the biggest expense of any transport company. One advantage of electric cars is that they don't need them. Although they need electricity, in fact, it is claimed that electricity is cheaper than gas. Electric vehicles are measured in kilowatt-hours (kWh) / 100 kilometres. So if you want to know how much it will cost to operate your electric vehicle, you will need to check the service rate for the region(s) where your vehicle will be received. To calculate your savings, look at the cost of gasoline per gallon, and calculate how much you pay per mile. This is where GPS fleet management software comes into the track and record your journeys which you can export and report for all your fleets. From there, you can calculate your range (how long you can drive before you need to charge) and the unit cost (in this case, kilometres).

 

2. Reduced maintenance costs 

 

Maintenance is another big expense for the firm. Here's good news for those investing in electric cars: according to the US Department of Energy, electric cars require less maintenance than their gasoline-powered counterparts because they have stop-start options available. a little, it doesn't need to be cool. And there is no need to change the light bulb, fan belt, air filter, cylinder head or many other parts. In short, there are a few parts to maintain or replace: 

 

• The motor, battery and electronics are virtually maintenance free 

• Adaptive brakes greatly reduce brake wear 

• There are moving parts to be protected 

• There are few liquids to change 

3. Increased ROI 

Upgrading your fleet and replacing your inventory with EV parts will no doubt come with a hefty price tag, but you may find that the investment will pay for itself once you consider the fuel savings and maintenance. When it comes to saving, thinking about your long-term ROI is always wise. In addition to looking at the cars themselves, it's also worth noting the general changes going on for a refresh. Europe is the leading country for EVs, but other regions are catching up. According to the UK Guardian 2018, the last seven years have seen the number of renewable energy triple while fossil fuel capacity continues to decline. 

As the environment changes, there is no doubt that we will see the world become more friendly and fewer fossil fuels. This could mean more electric chargers and fewer gas pumps, to name just one example. 

 

4. Improve vehicle performance 

Torque is important for car engines. Initially, diesel was the best choice for alternative energy. Even better, electric: EV reaches maximum power at 0 rpm. This gives rise to the myth that electric cars do not have power or efficiency: they now outnumber gasoline cars in many areas. Power and torque requirements in electric vehicles.

 

5. Go one step further with an electric car

We continue to move towards renewable energy, while the power of electric vehicles is improving. They are better for the environment and, in most cases, cheaper to operate and maintain. These are facts that a chauffeur firm fleet owner cannot ignore. 

 

Innovation is always followed by new materials and new trends. However, by having the right knowledge, you can get rid of misconceptions and include everyone as you turn on. When it comes to EVs, you may not be able to jump as far as you think. 

GPS-enabled fleet management software and inventory monitoring can help you determine whether or not it's time to use all of your electricity by comparing vehicle costs, monitoring and optimizing your fleet. If you're not ready to switch to an all-electric fleet, consider starting with an EV, measuring and comparing performance, and seeing the difference for yourself.

If you want to get a ride in Tesla Model S or Tesla Model X, contact us to schedule an electric ride.