The European Commission should consider electrification targets for corporate cars as part of the Greening Corporate Fleets initiative, a coalition of 30 global businesses and organisations say. Leading companies, including Uber, IKEA, Coca Cola and LeasePlan, are joining forces to call for all new corporate cars and vans to be zero-emission by 2030.
Electrification of fleets represents a massive opportunity. 6 out of 10 cars sold in Europe are company cars, with those vehicles driving twice as much as private cars. The purchasing decisions of fleets have a significant knock on effect for the rest of the market, with vehicles generally going into the second-hand market after just 3-5 years.
Stef Cornelis, director of electric fleets at T&E, says: “Leading companies with large car fleets are committed to become leaders on electrification and the climate. They are now asking President Von der Leyen to ensure all new corporate cars are electric by 2030. For too long, corporate cars have not been on Europe’s agenda. This has to change. The European Commission should acknowledge the big potential of electrifying fleets not only for the climate but also for its citizens as it will bring affordable second-hand EVs to the market”.
Read more in the joint letter.