EV Fleet Savings Calculator – Leave the Pump Behind
Try our EV Fleet Savings Calculator and get a snapshot of your fleet’s potential costs and CO2 reductions.
When GoWithFlow works with you to change your fleet makeup from gas or diesel to electric, it involves much more than a simple one-in, one-out calculation. But we also understand that fleet transition can seem complex and even daunting (visit out Mobility Solutions page for more details).
But in the interest of helping fleet managers on the journey to electrification, we’ve developed a Fleet Electrification Calculator to give you:
- Insights into how many of your fleet vehicles could be converted to electric vehicles (EVs)
- Potential cost savings of EVs vs. internal-combustion engine (ICE) vehicles
- Anticipated CO2 emissions reductions
How much of your fleet can transition to EVs?
Did you know that the average battery capacity of an electric vehicle is 196 miles (about 315 km)? Most company cars drive on average a much shorter distance every day, and fleet managers are many times unaware that electric vehicles’ batteries last that much. It is a common misconception to think that the battery capacity will make electric vehicles not viable in everyday use.
How are savings in CO2 calculated?
Did you know that each kilometer driven with an ICE vehicle releases 127g of CO2 to the environment? Diesel cars emit almost about 80% of the amount of CO2 as an ICE, but an EV has zero emissions — none. The only CO2 it generates is from the time of charging itself. When the savings in CO2 are applied to a fleet of cars, the good it brings about to the environment each day is incredibly powerful. For example, a fleet of 100 EVs, each driving an average of 60 km every workday, reduces CO2 emissions by 148 metric tons every year.
How are financial savings calculated?
We collected information on the costs of energy charging and petrol consumption per 100 kilometers according to each country listed. In some countries, energy costs less than 50% than fuel, and in all countries charging costs less. The incentives present in each country will determine just how much savings you will achieve when transitioning to an EV fleet.
What is not included in the calculation?
Charging network and infrastructure costs: Normally, a combination of public, home and office charging will be included as part of your total infrastructure. Depending on where your company is located, you might have more access to public charging stations than others. For example, in the UK a charging station is located no further than 21 miles from one another. Potentially, the savings in energy charging and the TCO from EVs will amortise the costs of charging and energy infrastructure in the very first few years.
The age of your corporate fleet vehicles: Cars older than 5 years old consume more petrol and release an average of more than 20% more CO2 than new models. They also have higher TCO due to higher maintenance costs.
Routes longer than 200 kilometers: For the specific objective of keeping it simple, we used 200 km as a cutoff line for the calculation.
There are many other factors that can only be properly measured with a full analysis of your fleet. Did we make you curious? Are you serious about sustainable fleet management? Email us at firstname.lastname@example.org and start a free 1-month pilot with GoWithFlow to get all the data you need to make the right decisions about transitioning your fleet to green.