While small business’ use of EVs is still low overall, business owners who have adopted them are doing so enthusiastically—with most saying more than half their fleet is electric. How to increase the prevalence of EVs among businesses? Make them on equal footing with gas vehicles—in terms of cost and variety of options—while addressing charging and battery issues.
Business owners
Does your business use electric vehicles?
7%
yes
93%
no
34%
45%
38%
61%
33%
51%
33%
65%
What would incentivize or deter you to buy/lease
an electric vehicle for your business?
Environmental benefits
incentivize
deter
Income tax savings/credits
More comparable prices to gas vehicles
Save on
gas cost
Battery runs out too quickly
Lack of vehicle
type I need
Lack of charging stations in my region
Cost
of businesses using electric vehicles want more charging stations
70%
Is it important for employers to provide employee benefits that reward sustainability (including reimbursement for EVs)?
31%
Yes, extremely important
This rises to
38% for Gen Z
47%
Yes, somewhat important
22%
not
important
Is it important for employers to provide employee benefits that reward sustainability (including reimbursement for EVs)?