Direct purchasing
Businesses can buy EVs outright from manufacturers or authorised dealerships. This allows them to own the vehicles and benefit from potential cost savings over the long term, including lower fuel and maintenance costs compared to traditional internal combustion engine vehicles.
Leasing
Leasing is a popular option for businesses that prefer to avoid the upfront costs of purchasing vehicles. Leasing agreements typically involve fixed monthly payments over a set period, during which the business has access to the EVs. At the end of the lease term, the vehicles are returned to the leasing company.
Fleet management companies
Businesses can work with fleet management companies that specialise in providing vehicle leasing, financing and management services. These companies can help businesses navigate the process of acquiring and managing EVs as part of their fleet, including vehicle procurement, maintenance and disposal.
Electric vehicle subscriptions
Some companies offer subscription-based services that provide businesses with access to EVs for a fixed monthly fee. These services often include maintenance, insurance and other benefits, making it easier for businesses to budget and manage their transportation needs.
Government incentives
In many countries, governments offer incentives and grants to businesses to encourage the adoption of EVs. These incentives may include tax credits, grants for purchasing EVs or installing charging infrastructure and subsidies for leasing or renting EVs.
Charging infrastructure partnerships
Businesses can partner with charging infrastructure providers to install charging stations at their facilities, enabling employees and customers to charge their EVs conveniently. Some charging infrastructure providers offer turnkey solutions that include the installation, operation and maintenance of charging stations.
Corporate car-sharing programs
Businesses can participate in corporate car-sharing programs that provide access to a pool of EVs for employees to use on an as-needed basis. These programs can help businesses optimise their vehicle utilisation and reduce the overall cost of transportation.
Employee purchase programs
Some businesses offer employee purchase programs that provide discounts or incentives for employees to buy or lease EVs. This can help incentivise employees to choose EVs for their personal transportation needs and support the company's sustainability goals.
