Large firms commit to massive EV push: Free report

0

Some 31 corporates including BT, EDF, Eon, Ikea, Unilever and Vattenfall, have pledged to convert their fleets to electric vehicles by 2030.

The firms are signatories to The Climate Group’s EV100 initiative, which, like the RE100 project, hopes to attract at least 100 of the world’s largest companies as partners committed to cutting carbon and tackling air pollution.

The Climate Group CEO, Helen Clarkson, urged the private sector to get on board, stating that government commitments to phase out combustion engines and incoming low and ultra low emission zones would give a business advantage to proactive firms.

“The private sector has an instrumental part to play in bringing down emissions and cleaning up our air – and there are big opportunities for companies taking action now,” she said.

EDF underlined that view. The firm is making financial gains by committing to EVs, according to Yannick Duport, director of the Mobility Unit at EDF Group.

“EDF Group managed to introduce EV100 as a key performance indicator to the financial sector: now EDF enjoys a €4bn credit line indexed on three indicators of the group’s sustainable development performance, one of which being the achievement of our EV100 targets,” said Duport. “Isn’t that extraordinary? The merger of sustainability and finance in action.”

The group has published its first EV100 annual report. While identifying clear barriers, such as a lack of electric vehicle production capacity and infrastructure, the report also outlines opportunities, such as falling battery pack costs. It provides insight on the plans of 23 members that joined by Q3 2018. Download it here.

The Energyst is surveying businesses considering EV infrastructure deployment. If you can spare five minutes, take the survey here. Anonymised answers will form part of the research component of a new, free report.

Take the EV survey here.

Related stories:

EVs, smart charging, vehicle-to-grid: Your views needed

Volkswagen: Carmaker to become energy company

Nissan: 2019 a ‘breakthrough year’ for cars as power plants, eyes energy supply market

Pubs the new petrol stations?

BT and Eon pledge to electrify fleet by 2030

Pubs the new petrol stations?

Sir Terry Leahy on EVs, infrastructure and pitching to the board

Chargepoint raises £189m to fund EV charging infrastructure

Nissan: Vehicle to grid services will not drain EV batteries

Total partners with Chargepoint to bundle energy and EVs to businesses

Bring forward zero carbon transport target, MPs urge

Octopus backs flex and EVs for growth

Nissan and Eaton rollout commercial scale battery

Pivot Power makes huge play for 2GW battery storage and EV charging network

You only live twice: Battery storage from second hand EV powerpacks

‘Land grab’ for EV car parks and revenue

Energy managers ‘to become fleet managers as EVs rise’

Electric vehicle boom no sweat, says National Grid

Electric vehicles ‘won’t require new power stations’, say analysts

Northern Powergrid: EVs a resource not a problem

EVs ‘could provide 11GW of flex’

National Grid focuses on bringing smaller firms and EVs into flexibility

Carmakers become aggregators as DNOs fear overnight EV boom

Tesla: People don’t engage with energy bills, but they will have to

Lord Redesdale: Idea of EVs as battery storage is “complete crap”

Click here to see if you qualify for a free subscription to the print edition of The Energyst, or to renew.

Follow us at @EnergystMedia. For regular bulletins, sign up for the free newsletter.

LEAVE A REPLY

Please enter your comment!
Please enter your name here