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Fleets expect to drop petrol and diesel power by 2025

Numbers show the anticipated rapidity of the decline of 100% petrol and diesel powered vehicles. This view is remarkably consistent across companies of all sizes according to our data – from those with fewer than 10 employees to those with more than 1,000 – and there is an absolute expectation that electrification will happen at speed and across all vehicle types.
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Shaun Sadlier

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10 August 2022

JUST half  and a little over a quarter (28%) of UK company cars are predicted to be using petrol or diesel power alone by 2025, research from the latest Arval Mobility Observatory Barometer shows.

Fleet and mobility decision makers were asked, “What percentage of your fleet will be either petrol or diesel in three years?” and results show that they expect electrification of their vehicle fleets to happen at speed.

Shaun Sadlier, Head of Arval Mobility Observatory in the UK, said: “Looking three years ahead takes us to 2025 and, by that point in time, the research shows that fleet operators expect electrified vehicles to dominate their fleets.

“The numbers show the anticipated rapidity of the decline of 100% petrol and diesel powered vehicles. This view is remarkably consistent across companies of all sizes according to our data – from those with fewer than 10 employees to those with more than 1,000 – and there is an absolute expectation that electrification will happen at speed and across all vehicle types.
“However, it’s worth underlining that these findings are forecasts rather than fact and may be overoptimistic in the case of vans, where there are issues around supply and model choice, as well as cost and operational challenges. Bearing in mind this situation, the speed of change may in fact take longer than the next three years.
“Our view is that the data should perhaps instead be viewed less as an outright prediction and more as an indication of the commitment of fleet operators to electrification which, in the light of the results seen here, cannot be doubted and if we can resolve issues such as the supply and charging of electric vehicles it is likely the transition will take place sooner rather than later.”

The UK results are also ahead of 19 other European countries surveyed – where the number of cars using petrol or diesel is expected to be 52% and vans 64%.

In your opinion, what percentage of your fleet will be either petrol or diesel in three years? (excluding hybrid vehicles)

                    Total          Fewer than          10-99         100-999         More than
10 employees       employees employees    1,000 employees
Cars

UK               28%         26%                       30%          29%                29%
Europe        52%         51%                       55%          53%                52%

Vans

UK              50%         53%                       58%           41%                52%
Europe       64%         64%                       68%           62%                63%

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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

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