Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      My ride in a helicopter over London as Leonardo expands its UK presence

      Helicopter flying over urban landscape during daylight, showcasing cityscape and modern infrastructure for news report.

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      2026 World Cup: England only attract half as many bets as Norway to lift trophy

      Breaking news concept with digital globe and financial charts, signifying global economy and stock market trends.

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Old Pulteney releases 50-year-old whisky for 200th anniversary

      Old Pulteney 50-Year-Old single malt Scotch whisky bottle with elegant packaging on display, highlighting luxury and craft...

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Partner Ad Feature is produced by an advertiser with the specific intent to promote a product and is not produced by the CityAM team.
Sunday 15 January 2023 9:01 am  |  Updated:  Wednesday 18 January 2023 11:22 am

The Electric Vehicle r(EV)olution

By:

Add as a preferred source on Google

As of 2022, electric vehicles account for more than one in six registrations in the UK. That’s more than the period between 2016 – 2020 combined. And EV’s are here to stay; by 2030, all new conventional petrol and diesel cars and vans are set to be banned from sale. 

What’s driving this change?

In the UK, 25% of CO2 emissions come from cars and vans (this jumps to just under 50% if you’re a Londoner). If we stand any chance of stemming climate change and preventing further damage to our ecosystems, drastic change is necessary. Research by the European Energy Agency found that, even with electricity generation, the carbon emissions of an electric car are around 17-30% lower than driving a petrol or diesel car. These emissions are also drastically improved when low carbon electricity is used.  Charging instead of burning our way around is undoubtedly going to be a driving player pushing the green agenda forward.

Why go electric?

Moving to electric vehicles is not a silver bullet for climate change. As always, we recommend preventing emissions by reducing the number of cars used in your corporate fleet, moving from individual to carpooling, and using public transport or human power where possible. Reviewing your policies and supporting your employees with guidance on their sustainable business travel and commuting is also essential.

However, there  are some real benefits of switching the way you power your vehicles:

  • Cost savings. Even with increased energy prices, charging your car is still cheaper than filling it with petrol. On top of this, servicing an electric vehicle is often cheaper as it requires fewer moving parts.
  • Only zero waste vehicles now qualify for the cleaner vehicle discount (as of October 2021). All other vehicles must pay a fee when entering London’s Congestion Charge zone. At the same time, London’s ULEZ zone is expanding to include most of the city.
  • Lower charges from clean air zones. 
  • Free parking for electric vehicles in some towns and cities. 
  • Reducing air pollution from the burning of petrol can help in the management of various respiratory diseases. Research at Duke University found that each gallon of gasoline purchased carries with it up to $3.80 in health and social costs.

What this means for businesses:

At FuturePlus, we’re firm believers that sustainability is no longer a nice-to-have, it’s a fundamental expectation. However, we recognise that the sustainable path we should all be taking is often confusing, with less standardisation and newer processes, requiring us to adapt at a faster pace than is comfortable. With jargon such as BEV and PHEVs, Type 1 vs Type 2 charging systems, trickle charging vs rapid charging – what does this all mean, we hear you ask?

Transitioning your corporate fleet from petrol/ diesel to electric carries with it many of the same questions with a few extra considerations. As employee commuting falls under your business’ Scope 3 emissions (the reporting of which is likely to become mandatory in the future), it’s essential to have the necessary infrastructure in place now so that you can stay ahead of the curve.

So, the solution? We’ve teamed up with fellow tech start-up Diode, who specialise in electric vehicle suitability assessments, home and workplace charging infrastructure recommendations, and charge point procurement. Diode provides organisations and their employees with an EV Readiness Report, whether they have a corporate or private vehicle. This evaluation allows employees to make an informed decision as to whether an EV is right for them whilst advising employers on the infrastructure they would need to provide. The Diode Charge Platform helps to break down the barriers to EV adoption by using the power of data to educate drivers, assess EV readiness, make workplace and home charging recommendations, and simplify the charge point purchasing process. 

In a nutshell, just as FuturePlus helps you understand and get ahead of your sustainability ambitions, Diode will simplify all there is to know about transitioning from petrol to electric vehicles and help you make the necessary steps forward – a partnership made in heaven.

Sustainable development is necessary, and with the help of innovative platforms like these, it’s also made easy! If you have any questions on electric vehicles, emissions reduction strategies, or how you can get involved, just get in touch at: [email protected] 

Read more

Starmer overrules Miliband on electric car sales targets as he looks to appease automotive industry

Ed Miliband and Keir Starmer discussing wind energy policy at a press conference, highlighting renewable energy initiatives.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Impact A.M.

Categories

  • Impact A.M.
  • CityAM Content

Trending Articles

  • As it happened: FTSE 100 relief rally runs out of steam as BP and Shell weigh; Oil hits three-month low

  • Rathbones to suspend thousands of client account inflows after FCA probe deals £530m blow

  • Rolls-Royce shares surge as SMR unit bags multi-billion pound Swedish nuclear contract

  • More Big Four blues as Deloitte plans to slash UK audit roles

  • London Tech Week sums up everything wrong with UK tech

More from CityAM

  • Starmer overrules Miliband on electric car sales targets as he looks to appease automotive industry

    Energy
    Ed Miliband and Keir Starmer discussing wind energy policy at a press conference, highlighting renewable energy initiatives.
  • Used EV sales soar as drivers look to curb fuel costs

    Tech
    JBR was founded in 2015 and specialises in high-end vehicles like Aston Martin, Lamborghini and Rolls-Royce.
  • Porsche Cayenne Electric review: luxury SUV is the most powerful Porsche ever

    Life&Style
    Porsche Cayenne SUV parked on urban street showcasing sleek design and luxury automotive features
  • Electric Rolls-Royce Spectre Series II: More power, longer range

    Life&Style
    Rolls-Royce Spectre luxury electric vehicle showcased in a sleek design, highlighting its innovative features and elegance
  • Government urged to accelerate review of ‘disruptive’ EV sales targets

    Motoring
    Caledonia has bought a majority stake in DTM for £55m
  • Sexy EV coupe joins Porsche Cayenne SUV range – and it looks like a 911

    Life&Style
    Porsche Cayenne showcasing sleek design and advanced features in a dynamic city setting
  • Brits now buy more BYDs than Land Rovers

    Motoring
    BYD electric vehicle displayed at an auto show featuring sleek design, showcasing the latest in green automotive technology
  • The UK wants flying taxis in its skies from 2028 – will it happen?

    Tech
    A professional business meeting with executives discussing strategy in a modern conference room with digital presentations

CityAM Canada — business, markets and opinion for Canadian readers.

Sections

  • Business
  • Markets
  • Tech
  • AI
  • Economics
  • Opinion
  • Cities

Company

  • About
  • Contact

Legal

  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 CityAM Canada. All rights reserved.
Terms · Privacy · Cookies