Investing in Green Vehicles for Your Business

If you run a business that relies on the use of cars then there’s a very good chance you currently have vehicles that run on petrol or diesel. Although most business owners don’t relish the thought of replacing their company cars, there are some very good reasons to consider investing in electric vehicles for your business.

The benefits of investing in electric vehicles

Below are some of the most compelling reasons to invest in electric cars for your business.

  • Save money on fuel – One of the most obvious benefits of getting electric cars for your business is that you will save considerably on fuel costs. Not only do you save money on fuel with electric cars but it may also be possible to get a government grant to help with the initial cost of the vehicles as well as funding towards having charging points installed at your business.
  • A better driving experience – Another great benefit of electric vehicles is that they provide a much smoother driving experience. This makes them great for businesses such as taxi firms.
  • Lower the cost of insurance – Investing in electric vehicles is also an excellent way to save money on company fleet insurance. Electric cars are usually cheaper to insurance compared to standard petrol or diesel vehicles and when you have a whole fleet of cars to insure, the savings can be very substantial. If you’re currently looking for company fleet insurance then be sure to check out Cheap Fleet – a website that enables you to get quotes from a panel of company fleet insurance specialists.

The downsides

Although there are benefits to investing in electric vehicles, there are some downsides too. These include –

  • Limited range – The amount of miles you can do on a full charge with an electric car is low compared to what a petrol/diesel car can do on a full tank. However the range of electric cars is increasing all the time so this isn’t likely to be an issue for much longer.
  • Limited choice – Although the number of available electric cars is increasing all the time, it would be a lie to say there is anywhere near the choice of petrol or diesel cars. This might necessarily be an issue depending on the type of business you run and what your needs are.