Cost-Benefit Analysis Of Electric Vans In The UK

The Cost-Benefit Analysis of Electric Vans for UK Businesses 

Are you preparing a cost-benefit analysis of electric vans in the UK? Look no further than Maxus commercial electric vans. They offer impressive operating and maintenance cost savings while minimising your environmental impact.

Comparing Upfront Costs and Maintenance Expenses   

If you are looking to buy an electric van in the UK, you might feel the purchase price is higher than what you would be paying for a petrol or diesel vehicle. Fortunately, there are several government grants and tax incentives that might make it easier to convert your fleet to electric vehicles (EVs).  

EVs have far fewer components than vehicles with internal combustion engines (ICE), cutting your maintenance expenses substantially. As the owner of a Maxus EV van, you have access to an extensive Authorised Repairer Network operating across the UK and Europe, offering expert technical support and original parts. 

Fuel Savings and Operational Costs 

Are you frustrated with the high energy costs in the UK and wonder if you should purchase an electric vehicle (EV) that would add to your electricity bill? Did you know owning a Maxus commercial electric van means you actually generate electricity every time you brake? Regenerative braking is one of the many benefits of electric vans. It converts the kinetic energy created by the van’s momentum into electricity, which is used to recharge your vehicle’s battery. With an electric van, you don’t have to replace the oil, oil filter, or fuel filter. And instead of filling a fuel tank with petrol or diesel, you only recharge the battery.    

Tax Incentives and Government Grants for Electric Commercial Vehicles  

The sale of new petrol and diesel vehicles ends by 2030, and all new cars and vans must be zero emissions at the tailpipe by 2035. The UK government encourages all businesses to convert their fleets to electric commercial vehicles and help decarbonise road transport. In support of these efforts, the government provides tax incentives and government grants for commercial electric vehicles (EVs). 

• Grants

Small and large electric vans are eligible for a plug-in grant that allows you to buy them more cheaply. You don’t have to apply for the grant, it is included as a discount in the purchase price. We are happy to say that the Maxus eDeliver 3 and Maxus eDeliver 9 ranges and the Maxus T90 pick-up vehicle are eligible for this grant.   

An EV infrastructure grant for staff and fleets is available for small-to-medium-sized businesses to install electric vehicle charging infrastructure in their commercial car parks. The installer will claim the grant on your behalf. The Workplace Charging Scheme (WCS) grant has a similar intent, and you can apply for both grants if you abide by specific rules.

• Tax incentives

Electric vehicles (excluding hybrid vehicles) are exempt from vehicle tax, but you will pay vehicle excise duty from 2025.  

There are several benefits relevant to electric vans in the UK that we did not mention here, and it is best to do more research on the subject, as changes around guidelines and regulations are a regular occurrence. 

Analysing Long-Term Savings and ROI 

Do you want to know how your fleet of EVs is being driven and how well they perform from a charge time, range, and cost perspective? You have all this information and more at your fingertips with the Maxus Intelligence Onboard system. Simple reports combine all the data in one place for a complete assessment and give you insight into the following:

• Driver performance: Behaviour data reveals how your driver manages the vehicle. 
• State of charge: Maximise vehicle range and fleet efficiency.
• Compare costs: Understand the energy consumption per vehicle and your fleet, including how much energy costs in each location and how total energy costs compare to an internal combustion engine vehicle. 
• Customer service dashboard: Maxus has a dashboard per customer, keeping us informed on fleet performance for improved service.

Maxus electric vans come with a five-year vehicle warranty and an eight-year warranty on the high-voltage battery. We also offer nationwide breakdown assistance 24 hours a day, 365 days a year. Contact us today to discuss the Maxus range of electric vans in the UK.