Search
Close this search box.
Sign up for our weekly Newsletter

Connected vehicles increase fleet penetration

New figures indicate that adoption of connected vehicle technology for fleets is already reaching a crucial tipping-point and that, by the middle of the decade, finding a non-connected car or van being operated by a business in the UK would be unusual.
unnamed
Matt Waller

Share

6 July 2022

THERE has been a 14% jump in the percentage of internal combustion engine (ICE) company cars and vans fitted with connected vehicle technology in the last two years, new research from epyx shows.

For new ICE vehicle registrations on 1link Service Network, the percentage of connected vehicles has risen from 62% to 76% between 2020-22 while there has also been an increase for electric vehicles – from 94% to 97%.

Matt Waller, director of connected car at epyx’s parent company, FLEETCOR, said that the figures indicated that adoption of connected vehicle technology for fleets was already reaching a crucial tipping-point and that, by the middle of the decade, finding a non-connected car or van being operated by a business in the UK would be unusual.

“As we been discussing in the market, we see connected vehicle data emerging as the successor technology to telematics during the next few years but this does depend on vehicles having the hardware fitted to make this possible. What this new data shows, beyond question, is that this is very much the case.

“In fact, the penetration across the more than four million vehicles registered on our 1link Service Network platform is tracking at higher than the overall European parc, showing that UK fleets are very much leading the way in this area.”

He added that epyx was currently trialling a connected vehicle solution with a number of fleets that was delivering impressive results.

“For many years, there have been three main barriers to connected vehicle data use by fleets. First was the availability of data from manufacturers, second was the percentage of vehicles that had the technology fitted and third was the means to present that information to fleets in a format that makes it genuinely productive.

“The first two issues are quickly being resolved within the market and the third is very much an area of deep expertise for epyx, with more than two decades of experience in working with fleets to turn data into insight and then action.”

“We see potential for connected vehicle data across the fleet management value chain – including service and maintenance, remarketing, risk management and more – and are very excited about the prospect of bringing our first connected product to the market.”

Share this article

Facebook
Twitter
LinkedIn
WhatsApp
Reddit
Email

Want more motoring news?

Sign up here for our free weekly serving of motoring.

Sign up here for our free weekly serving of motoring.

Chris Wright

Chris Wright

Chris Wright has been covering the automotive industry nationally and internationally for 30 years. Following spells with consumer titles he became News Editor of Automotive Management (AM), Editor of Automotive International, International Editor for Detroit-based Automotive News, and Editor of Dealer Update. He has also co-authored several FT Management Reports and contributes regularly to Justauto.com

Latest news

Top