Decoding the trends with ALD Automotive

2019 saw the arrival of a few new electric vehicles (EV), but these mainly belong to the middle and upper segment. 2020 promises to bring a plethora of more affordable models in the lower segments. As such, they become accessible to many more company car drivers.

There is no denying that EVs are a key part in reducing CO2 emissions – both for Original Equipment Manufacturer (OEMs) and their customers. In a few years' time, they will become the only vehicles allowed to enter low-emission zones, making them a must-integrate for companies who need to send out their staff into town.

Fortunately, battery technology has improved and costs have come down considerably, resulting in EVs that suit the needs a large proportion of employees. Even the smaller electric cars now offer 300 km of range while boasting a compelling Total Cost of Ownership (TCO).

Still, the TCO depends very much on the country. Norway, Germany, France, the Netherlands, for instance, offer substantial fiscal support, but the same does not apply to Poland or Czech Republic. Also, the electricity cost in the country concerned can vary considerably and plays an important role in offsetting the higher list price of an EV.

Finally, the availability of a charging point at home or at work is a sine qua non to make electric driving work. In short, EVs may become a viable alternative for many more drivers, it is a matter of checking whether all conditions are met – both practical and financial – to make them work.

Identifying which employees in which countries are eligible for e-motoring is one thing, selecting the right EV suppliers another. To make life a bit easier, ALD has drawn up an overview of the new EV models coming to market in 2020, segment by segment.

They are sure to cause a shake up in the current top 10.