Electric Vehicles – The Reason Why Businesses Need Them

Electric Vehicles as Part of a Bigger Solution

The race to change to a low-carbon economy is at full speed. Transport remains one of the primary sources of greenhouse gas pollution. Therefore, it is currently clear that electric vehicles have become a part of the solution to the problem.

Some people, including those in business, continue to view the electrification of vehicles as something expensive even in the future. Businesses are attempting to sit it out on the sidelines, believing that this does not concern them. However, we are already on the stage where electrification has become a reality that influences everyone. Specifically, services involved in transport, such as retailers and the transportation industry.

Affordable Electric Vehicles for Businesses

Many people see electric vehicles as “luxury toys” and unviable test models. However, just a few years ago, these assertions were true, now everything has changed. Effectively, the price of an electric truck will be higher than a diesel truck of the same category. However, the long-term application of such a vehicle will undoubtedly be more affordable, with financial savings of approximately 20%. This means that organizations can begin creating their fleets of electric vehicles right now without fear of financial losses.

Take the example of the Moskva electric truck, which Drive Electro developed for a significant Russian food retailer. The Moskva is a durable electric vehicle that costs less to keep than a diesel equivalent. Over a decade of use, there will be a reduction of 2.5 times less than conventional combustion vehicles. It can travel as much as 200 km on a single charge, makes no noise, and is environmentally friendly. Every one of which makes it perfect both for modern metropolitan areas and meets the requirements of the retailer.

The crucial point is that electric trucks can be adapted to a business’s requirements. It all depends upon how the vehicle is used. Where needed, it can be personalized by installing or getting rid of additional batteries. Therefore expanding its variety or making it lighter for a larger payload. Nevertheless, there is one crucial aspect: all these remedies are only applicable to cities and their immediate suburbs. However, long-distance transport is currently being resolved with the help of hydrogen vehicles. Thus, we need only to wait a few more years.

Sustainable Competition

Electric vehicles can be easily incorporated into a company’s ongoing development program. This normally will add another dimension to the company’s ecological responsibility. Consequently, most of the time will be used to reduce waste and introduce recyclable packaging. They might usher in a qualitatively new phase of a business’s development for several years to come. Such will transform the company’s image and differentiate it from its competitors.

In addition, they open opportunities for cooperation with renewable energy businesses. An area in which Russia already has several proactive competitors. The fact that renewable energy is storable, enables the use of clean electricity efficiently at any time. By sustaining renewable energy, companies will undoubtedly switch to entirely eco-friendly electricity. Notably, this type of collaboration can start straight away without waiting for the government to do something about it. By releasing electric vehicles, transportation businesses and retailers will certainly become ambassadors for “eco-friendly” transportation.

In 2020, the global electric automobile market, led by China and Europe, expanded by 43% to 3.24 mln vehicles. Various other markets worldwide are additionally growing, yet the overall number of electric cars leaves a lot to be desired. Businesses switching over to commercial electric vehicles work as a catalyst. This lending inspiration to the development of the whole industry. Electric trucks and buses run along routes that make it easy to introduce them on the streets of a city. The needed framework is already being created for them. Every one of these is accelerating the growth of electric transport and bringing personal electric vehicles onto the streets. This certainly is transforming the mindsets of average customers.

Avoidance of Taxes with Electric Vehicles

Along with the carrot– i.e., all the benefits a company obtains from changing to electric transportation– there is also a catch: potential tax obligations enforced by international companions. Over the next 10-15 years, several European countries plan to quit producing combustion engine vehicles, and some are additionally presenting a restriction on the sale of petrol and diesel vehicles– a clear wake-up call for business people who do not focus on the environment. These measures will be followed by transborder taxes on “unclean” manufacturers and freight companies supplying items right into the European Union. This is bad news for any company that rejects to abide by ecological standards, as they might find themselves shut out of worldwide markets.

Ethical and Economical Benefits

It is no surprise that electric vehicles are growing in popularity as individuals are starting to become aware of the relevance of transforming the transport sector. There are plenty of factors– ethical, logistical, economic, and image — for firms to switch to electric vehicles, and it is essential to know that this shift is inevitable. Firms that start the process now will undoubtedly be able to reap the full benefits and be amongst the innovators, which can only enhance the worth of their brand name and optimize their costs. One of the most vital things is not to be terrified of spending resources and efforts. Firms that choose to stick their head in the sand will pay a higher price to transition and the threat needing to play catch-up down the road.

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