Seven British companies to electrify fleets by 2030

Seven British companies to electrify fleets by 2030

Seven companies in the UK have joined forces and formed the Electric Vehicle Fleet Accelerator. Together, the group has pledged to convert its fleets to electric vehicles by 2030. It is demanding a range of measures from the government to help with the transition in return.

The group, which has named itself the ‘Electric Vehicle Fleet Accelerator’, grew out of Prime Minister Boris Johnson’s ‘Build Back Better Business Council’, which the organizers say “brings together CEOs of companies that own and operate some of the largest van fleets in the UK and companies involved with infrastructure, EV charging, retail and insurance and repair”.

The seven companies are BP, BT, Direct Line Group, Royal Mail, ScottishPower, Severn Trent and Tesco, whose collective fleets number around 70,000 vehicles.

“Government and businesses working together can act as a catalyst to accelerate the adoption of electric vehicles throughout the UK," said Bernard Looney, chief executive at bp.

"This report from the EVFA highlights the points where Government policy can unlock private sector investment to deliver the necessary charging infrastructure, overcome fleet demand obstacles and create vehicle manufacturing capacity."

The subsidy measures the group has asked for are designed to strengthen the burgeoning UK electric vehicle market, according to the members of the group. Procurement of the electric delivery vans would be done locally, and the group’s recommendations would entail the government making a private sector investment of £50 billion in infrastructure and fleets over next five years. This would include “future-proofing” the grid and introducing charging standards, alongside the expansion of public charging networks.

“I wholeheartedly welcome this commitment by leading employers to fully electrify their van fleets by 2030. This announcement will be a major boost to British vehicle production," said Prime Minister Boris Johnson.

"The government is committed to providing the electric charging points and other infrastructure the UK needs as we build back greener.”

Ofgem CEO Jonathan Brearley added: “The rapid take up of electric vehicles will be vital if Britain is to hit its climate change targets. We are already accelerating investment in the energy networks that support a step change in charge points. We are reducing costs for installing new charging stations and building a market that will make sure that cars can charge at the cheapest possible time.”

Olly Goodall

Author:Olly Goodall
Date Updated:2nd Aug 2021

Related news