Incentives are still vital for the UK's electric vehicle fleets, Geotab warns
The results show electric vehicles meet the range requirements of most UK fleet vehicles – more than any in other country – but the business case is more fragile.
David Savage, Geotab’s vice president UK & Ireland, said: “One of the main reasons for the lower economic viability appears to be linked to utilisation. The fuel cost saving opportunities from transitioning to electric can account for 65% of the total cost savings over the lifespan of a vehicle.
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