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Businesses in these areas are most prepared for the switch to EVs

Car lease comparison site Moneyshake reveals which areas in the UK have businesses that are the most and least prepared for an electric vehicle future.

The study analysed the Department for Transport and Driver and Vehicle Licensing Agency’s vehicle licensing statistics to establish which local authority in the UK has the highest amount of licensed electric company vehicles per the overall number of licensed company vehicles in that area to find which UK areas are the most prepared for the switch to business EVs.

Whilst there has been a recent shift in attitude and the uptake of EVs has risen significantly, there is still a way to go, as the study reveals that the average number of electric company vehicles licensed in the UK is just 15.30% of all company vehicles.

However, businesses with company cars look to be adapting to an electric car future quicker than those with individual ownership, as 56% of plug-in vehicles are company-kept in the UK, compared to 15% of all licensed vehicles.

The Local Authorities Where Businesses are the Most Prepared for the Switch to Electric:

Rank Local Authority Percentage of Electric Vehicles
1. Hammersmith and Fulham 58.24%
2. Windsor and Maidenhead 52.30%
3. Westminster 48.21%
4. Portsmouth 46.74%
5. Stockport 37.56%
6. Leeds 33.97%
7. City of London 33.55%
8. Renfrewshire 31.20%
9. Hillingdon 31.12%
10. Swindon 30.04%

Topping the list is Hammersmith and Fulham, where a huge 58.24% of company vehicles licenced in the area are electric. Two more areas in London or just outside the city take second and third, with 52.30% of company vehicles licenced in Windsor and Maidenhead being electric, followed by Westminster with 48.21%.

The Local Authorities Where Businesses are the Least Prepared for the Switch to Electric:

Rank Local Authority Percentage of Electric Vehicles
1. Eden 2.36%
2. Mid Devon 2.73%
3. Hambleton 2.97%
4. Powys 3.01%
5. Richmondshire 3.28%
6. Na h-Eileanan Siar 3.31%
7. North Warwickshire 3.34%
8. Aberdeenshire 3.34%
9. Derbyshire Dales 3.36%
10. West Devon 3.62%

On the other end of the scale, Eden is the local authority where businesses are least prepared for the switch to electric with just 2.36% of company vehicles licenced in the area being electric. This is followed by Mid Devon where electric vehicles make up 2.73% of company vehicles licenced, and Hambleton with 2.97%.

The study also revealed which counties have the highest amount of licensed electric company vehicles per the overall number of licensed company vehicles in that area too.

The Counties Where Businesses are the Most Prepared for the Switch to Electric:

Rank County Percentage of Electric Vehicles
1. Berkshire 29.23%
2. Greater Manchester 27.87%
3. Wiltshire 25.88%
4. West Yorkshire 24.64%
5. Cambridgeshire 22.93%
6. Greater London 22.90%
7. Gloucestershire 22.26%
8. Buckinghamshire 18.96%
9. Oxfordshire 18.68%
10. Hampshire 15.78%

Berkshire tops the list, with 29.23% of company vehicles licensed in the county being electric. This is followed in second by Greater Manchester where electric vehicles made up 27.87% of all company vehicles, and Wiltshire in third with 25.88%.

The Counties Where Businesses are the Least Prepared for the Switch to Electric:

Rank County Percentage of Electric Vehicles
1. Powys 3.01%
2. Ceredigion 3.76%
3. Herefordshire 4.17%
4. Gwynedd 4.48%
5. Rutland 4.64%
6. Cumbria 4.66%
7. Monmouthshire 4.84%
8. Cornwall 5.25%
9. Denbighshire 5.41%
10. East Riding of Yorkshire 5.41%

On the other end of the scale, the county where businesses are least prepared for the switch to EVs is Powys, with just 3.01% of all company vehicles licensed in the area being electric. Following in second is Ceredigion with electric vehicles accounting for 3.76% of all company vehicles, and Herefordshire in third with 4.17%.

The study also revealed which regions have the highest amount of licensed electric company vehicles per the overall number of licensed company vehicles in that area too, with London topping the list whilst the North East came in last.

How Prepared Businesses in Each Region is for the Switch to Electric:

Rank Region Percentage of Electric Vehicles
1. London 22.90%
2. North West 19.35%
3. South East 18.59%
4. South West 18.19%
5. Yorkshire and The Humber 17.21%
6. East 12.83%
7. Scotland 11.56%
8. Northern Ireland 10.71%
9. West Midlands 9.95%
10. East Midlands 9.02%
11. Wales 7.73%
12. North East 6.89%

Eben Lovatt, CEO of Moneyshake commented: “Businesses are on the right track to be ready for an electric future, with lots of areas across the country already adapting. We have seen that businesses are increasingly looking at EV leasing for fleets, with the benefit of there’s very little company car tax to pay on pure-electric models. On top of this, many workplaces now provide their own free charging points, which means staff can save money when they commute to the office.”

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