Published on November 27, 2018
November 27, 2018 - London, United Kingdom – Geotab, a global leader in IoT and connected transportation, today unveiled research which claims that while almost half of today’s surveyed fleets (46%) in the UK are without any electric vehicles (EVs), most UK-based fleet managers (89%) expect them to play a dominant role in their company’s fleet before 2028.
The UK-wide study of 250 fleet managers, conducted by Censuswide with Geotab, demonstrates the rising preference for alternative vehicles, the call for government action and technological advancements to support and accelerate the transition to a fully EV future.
According to the study, government incentives (48%), improvements in charging infrastructure (48%) and an improved selection of models by Original Equipment Manufacturers (OEM) (32%), are the leading motivators in the transition to a fully electric fleet. An overwhelming majority of fleet managers (88%) also anticipate the government to bring in regulations regarding the implementation of EV fleets – similar to the ‘Road to Zero’ initiative.
With sustainability top of mind, more than half (59%) of respondents agree that the main benefit of electrification is the environmental impact. This is followed by increasing fuel costs (46%) and potential cost reductions in the operation, maintenance and upkeep of fleets (42%). On the other hand, fleet managers are still facing major barriers, including high vehicle costs, long charging times and the low distance range of today’s vehicles.
Additional findings include:
“These survey results help to demonstrate that the government’s call for an EV future is not something businesses are taking lightly,” said Edward Kulperger, VP Europe at Geotab. “With most fleet leaders looking to have a fully EV-dependent fleet over the next few years, it's no longer a question of if, but rather how soon a complete overhaul can take place.”
“Based upon the outcome of this survey, it’s clear that businesses and fleets feel they now need additional government initiatives and smart updates to critical infrastructure across the UK. If this can be made a priority, as a nation, Geotab is confident that the UK can take a spot as one of the most innovative global leaders trying to help push the widespread adoption of green transportation in the coming years,” he concluded.
The research, conducted by Censuswide on behalf of Geotab, was a UK-wide study of 250 fleet managers. The majority of those surveyed are in charge of fleets of over 25 vehicles, which range from passenger cars, vans and also trucks.
Geotab is advancing security, connecting commercial vehicles to the internet and providing web-based analytics to help customers better manage their fleets. Geotab’s open platform and Marketplace, offering hundreds of third-party solution options, allows both small and large businesses to automate operations by integrating vehicle data with their other data assets. As an IoT hub, the in-vehicle device provides additional functionality through IOX Add-Ons. Processing billions of data points a day, Geotab leverages data analytics and machine learning to help customers improve productivity, optimize fleets through the reduction of fuel consumption, enhance driver safety, and achieve strong compliance to regulatory changes. Geotab’s products are represented and sold worldwide through Authorized Geotab Resellers. To learn more, please visit follow us @GEOTAB and on LinkedIn.