The Benefits of Investing in Electric Vehicles for Taxi Firms


Some taxi firms are reluctant to make the switch to electric vehicles but with more innovation in the field of electric vehicle development all the time, it seems as though it’s just a matter of time before the majority of taxi firms go electric.

Below are some of the biggest benefits of investing in electric vehicles for taxi firms.

Great for marketing

With electric cars being so much better for the environment, they provide an excellent way to market a taxi firm by pushing this benefit. In addition to this, electric cars also provide a smooth, silent ride so overall they are an excellent way for a taxi firm to differentiate themselves from the competition.

Cut down fuel costs

Another big benefit of switching to electric vehicles is that it enables you to cut down on fuel costs. Fuel costs are one of the biggest expenses with regular petrol and diesel vehicles so the savings from switching to electric are significant.

Cheaper to insure

Because electric vehicles are generally safer than petrol/diesel vehicles, they’re also cheaper to insure. This is especially useful if you have many different vehicle types that you need to insure together under a fleet policy.

Most taxi firms will have at least a couple of minibuses and traditional minibus insurance can be expensive. Luckily there are now electric minibuses that are on the horizon so that’s another area where savings can be made.

Cheaper to maintain

Because electric cars are much simpler than cars that run on fossil fuels, they’re much simpler to maintain and suffer from fewer serious problems. This is a huge benefit for taxi firms and helps to save money.

Range improving all the time

Another reason to consider investing in electric vehicles for taxi firms is that the range of electric vehicles is constantly improving. It’s not unusual now for electric cars to do 100+ miles on a single charge. This makes them much more practical for use by taxi firms.

Will Electric Vans Take Off?


It seems like electric vehicles are in the news now more than ever. The technology is finally breaking into the mainstream and with incredibly popular models such as the Renault Zoe now proving that electric cars can have mainstream appeal, it seems like it’s just a matter of time before EVs takeover.

Whilst there’s no doubt that electric cars will continue to grow in popularity, the same cannot yet be said for vans. Although there are signs that electric vans could make a breakthrough, they’re yet to really break out in the same way that electric cars are.

Below are some of the main pros and cons of electric vans.

The pros

  • Better for the environment – Of course a huge benefit of electric vans is that they’re much better for the environment. Many vans in the UK currently run on diesel, which is very harmful to the environment. If the majority of the vans in the UK were replaced by electric vehicles then it would have a huge positive impact on the environment. Electric vans are also great PR, which makes them a great choice for businesses trying to differentiate themselves.
  • Cheaper to insure – Truck insurance is something people are always looking to cut down the cost of. Generally electric vehicles are cheaper to insure since they’re less powerful and therefore less likely to be involved in collisions. This is a big pro, especially for companies with a fleet of vans that need to be insured.
  • Cheap to run – Another big benefit of electric vans is that they’re much cheaper to run. A full electric charge only costs a fraction of what filling a tank with diesel does. This makes them much more economical in the long run.

The cons

  • Initial investment – One drawback of electric vans is that initial investment you have to make to buy them. This isn’t too much of an issue if you’re buying one vehicle, particularly if you have a van you can part exchange. However for companies with a fleet, the investment of switching to electric vans might not be one they want to make.
  • Limited availability – Another drawback of electric vans is that they’re simply aren’t many of them available, certainly not compared to standard diesel vans. This means there’s less choice for buyers.