UK fleets can slash operating costs by 64% through electrification, EY finds
- 10 March 2026
Fleet electrification could cut operating costs by up to 64% for company cars and 38% for company LCVs, a new study reveals.
Fleet electrification could cut operating costs by up to 64% for company cars and 38% for company LCVs, a new study reveals.
Maria Bengtsson, EY UK & Ireland mobility leader, comments on the SMMT new car registration figures for 2025, which rebounded in December as the impact of pre-Budget uncertainty faded.
Fleet decision-makers can help shape future industry electrification, and grab a chance to win a hotel break into the bargain, by taking part in Fleet World’s 2025 EV Survey.
Smart charging solutions including vehicle-to-grid (V2G) charging could save EV drivers thousands of years and boost grid capacity but hurdles need to be overcome.
New car registrations have fallen for the second month running while EV uptake rose on the back of major discounting as the market races to meet the ZEV mandate targets.
UK consumer intent for electric vehicle purchases continues to build while interest in petrol and diesel vehicles remains in decline, according to EY’s latest Mobility Consumer Index.
The UK has been ranked the fifth best-prepared market in the world for the electric vehicle transition despite rising challenges around supply and regulation.