Accounting for 23% of global energy-related greenhouse gas (GHG) emissions, the transport sector is the fastest growing contributor to climate change. Electric transport provides a powerful solution to this problem, while bringing important co-benefits in curbing transport related air and noise pollution.

With businesses owning over half of all registered vehicles on the road, it is crucial that companies lead the shift to electric vehicles.

EV100 is a global initiative, led by The Climate Group.

What are the benefits?

A growing number of companies are looking into electro-mobility as part of their strategies to achieve climate targets. In doing so, they position themselves at the forefront of business model innovation, enhancing brand perception and increasing staff and customer satisfaction. By these means, they become part of the early group shaping the EV policy and market landscape for the future.

The market for electric vehicles is in constant expansion. Over 1 million electric cars were sold in 2017 only, making for a new global sales record. This is due to a number of reasons:

1. Price competitiveness of EVs is increasing rapidly; battery costs have gone down by factor four since 2008.
2. OEMs are rapidly shifting attention away from petrol and diesel. Over USD $90 billion of investments in electric vehicles has been announced by global automakers, also due to the substantial increase in EV models available on the market (the amount will double within the period 2017-2021).
3. Air quality legislation worldwide is projected to increasingly limit polluting vehicles.
4. If combined with the right applications, EV integration can help reduce running costs of fleets. A study in British Columbia shows that by strategically deploying EVs, fleets could save almost USD $2 million in lifetime costs.

Through EV100, companies can showcase their electric transport leadership, and help members to reduce electric vehicle investment costs through best practice sharing. The campaign drives engagement and dialogue between governments and other stakeholders to collaboratively address the remaining barriers to EV uptake and infrastructure roll-out.

What is expected from companies making this commitment?

Companies are eligible to join EV100 if they make a public commitment to one or more of the following areas, with a 2030 target date:

• Integrating electric vehicles into directly owned or leased corporate fleets
• Placing requirements in service contracts for electric vehicle usage
• Supporting staff to use electric vehicles by installing charging infrastructure at all premises
• Supporting electric vehicle uptake by customers by installing charging infrastructure at all premises

EV100 applies to battery electric vehicles, plug-in hybrids/extended range (minimum 30miles/50km electric) and hydrogen fuel cell vehicles.