But warns EV adoption is not a like-for-like switch, so planning and expertise remain critical
Venson Automotive Solutions has welcomed the Government’s £1 billion investment to support the rollout of electric vans, trucks and depot charging infrastructure, describing it as a “significant and timely boost” for fleet operators, particularly SMEs facing cost pressures and fuel price volatility.
The funding, which includes grants of up to £81,000 for zero-emission HGVs, £5,000 for electric vans, and up to £1 million for depot charging, is expected to remove some of the key barriers to fleet electrification.
However, Venson is urging businesses not to view funding alone as a silver bullet. Simon Staton, Client Management Director of Venson Automotive Solutions, commented, “This level of investment is a step forward and will make electric fleets more financially accessible, particularly for small and medium-sized businesses that have been hesitant due to upfront costs.
“But funding is only one part of the equation. To fully realise the benefits, fleets need a clear strategy around vehicle suitability, charging infrastructure, and whole-life cost management. Fleet managers and businesses operating fleets must carefully assess operational needs, including mileage patterns, payload requirements and duty cycles to ensure EVs deliver expected savings and performance.
“Electrification is not a like-for-like switch. Without proper planning, businesses risk higher downtime, inefficient charging, or vehicles that are not fit for purpose.”
Depot charging support will be key in enabling these businesses to take control of their energy usage and reduce long-term operating costs, but warns Venson, installation, grid capacity and site planning must be carefully managed.
Concludes Staton, “With global fuel prices continuing to fluctuate, this funding creates a real opportunity and those who take a strategic approach now will see the greatest operational and financial benefits in the years ahead.”
