Electrification makes a strong business case for fleets

• PR Newswire

BRUSSELS, March 4, 2026 /PRNewswire/ --

The finds that battery electric vehicles ( than internal combustion engine models across corporate cars, vans and trucks. With OpEx accounting for around 60-75% of the total cost of ownership for trucks, 25-40% for cars, and 45-65% for vans, electrification can deliver a clear financial advantage over a vehicle's lifetime.

"In the EU, 6 out of 10 new vehicles are sold to fleet owners, so the potential to save money and emissions is enormous. A well-designed fleet initiative can boost demand for BEVs to the benefit of European Industry and energy independence" – , Eurelectric's Secretary General.

The benefits go beyond fleet operators. EU carmakers already have a stronger foothold in the corporate fleet zero emission vehicles market than their non-EU competitors, and . Long-term corporate charging contracts will also provide secure and predictable revenue streams for Charge Point Operators (CPOs). Meanwhile, EV batteries can also enhance energy system flexibility through smart charging and/or V2G services.

"Fleet electrification is already delivering clear operating cost wins, but structural barriers still slow adoption. Fixing upfront costs, residual value risk, fragmented policies and grid constraints with predictable rules will determine how fast Europe can scale" - , Global Aerospace, Defense & Mobility Leader, EY.

BEVs keep gaining momentum: in 2025 sales grew by 30% in Europe, and surpassed petrol car sales for the first time ever in the EU. As the EU prepares to negotiate new legislation on corporate vehicles, is fundamental. Eurelectric outlines to unlock the full potential of fleet electrification.

represents the European electricity industry. Representing 3500+ companies, we promote the role of electricity in the advancement of society.

:Chiara CARMINUCCIPress Advisor+32476871575

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