More people are joining the Electric Vehicle (EV) revolution as they look to make a meaningful contribution to a sustainable future. Organisations wanting to minimise their impact on the environment, or have targets to reach Net Zero, are leading the charge by making the move away from petrol and diesel fleets. And new legislation offering additional savings for EVs makes it an even more attractive proposition.
So if you’ve been tossing up whether EVs are the right choice for your fleet, take a look below. We’ve put together some of the reasons why it might be time to make the switch.
With fleet vehicles making a significant contribution to total emissions each year, you could make a real difference with a change to electric. Electric fleets have fewer emissions, meaning that you’d create less pollution and help lead the charge towards net zero.
Transitioning to an electric fleet could also be a great way for you to reduce your ongoing vehicle expenses. With less parts to worry about, you should have fewer servicing costs and your vehicles should spend less time off the road. Refuelling should work out better, too, with the lower cost of charging with electricity compared to filling up with petrol. Some estimates even indicate savings of 70% on fuel and 40% on maintenance.
As the federal government ramp up their efforts to support the take up of EVs, there are a number of incentives and rebates available for organisations looking to transition to EVs. Making the transition to EVs could provide significant tax incentives for eligible vehicles. Click below to find out more about the support available in your state or territory:
The Electric Car Fringe Benefits Tax Exemption legislation passed in November 2022. Any eligible new EVs purchased after 1 July 2022 or second-hand EVs first held or used after the same date will be exempt from the Fringe Benefits Tax (FBT) if they fall below the luxury car tax threshold ($84,916 in 2022-23). Any import tariffs (where previously applicable) will also be waived. This will reduce the cost of EVs for fleet-operated businesses because the exemption from FBT is applicable to EVs where the employer is providing benefit vehicles to their employees and those vehicles have a private use component.
Discounts will be available to the following types of EVs below the threshold:
We understand that everyone’s needs are different. You’re likely to have competing priorities, especially around things like cost, safety, and sustainability. Our team will work closely with you, taking a five-step approach to provide the right kind of support to make a seamless transition to an electric fleet.
Our experts will drill down on things like your vehicle location and type, trip utilisation and lifetime costs to get a proper understanding of your fleet usage.
Looking at your current fleet and suitable electric vehicle options to find the right replacement strategy for you.
Reviewing the charging options available that best suit your circumstances, including things like on-site and mobile charging.
We’ll collaborate to agree and implement a rollout plan.
Our team will work with you to ensure the implementation’s a success, providing support to staff and education to drivers.
Smartfleet’s National Client Services Manager, Tania Pietsch, has already seen a positive response from clients who are embracing sustainable mobility:
“Our focus is to help deliver an affordable EV solution to our clients and take the complexity out of the transition journey. We create tailored EV implementation strategies with the help of our wide network of suppliers and partners, so that our clients can achieve their sustainability goals while saving money on lower operating costs. It’s an exciting time for the EV market and we’re thrilled to play a part in helping to change the way the world moves and make it easier than ever for our clients to make the switch,” she said.
If you’re ready to make the transition to an electric fleet (or you just want to find out more), we’d love to chat. Click here to find out more about how Smartfleet can support your EV needs or reach out to our team today.