Lack of Supply Delaying Switch to EV, Say Leading Global Businesses: The Climate Group Report

This year’s EV100 Progress and Insights Report shows that members are speeding ahead, with approx. 80,000 EVs already deployed and over 10,000 charge points installed to date

February 06, 2020. By News Bureau

Major international companies are charging ahead on electric vehicles (EVs) to address the climate crisis, tackle air pollution and meet growing customer expectations – but they are increasingly confronted with a lack of vehicle supply, a new report by The Climate Group discloses.

The Climate Group runs the global EV100 initiative, which brings together leading companies to accelerate the switch to electric transport and make EVs the new normal by 2030.  They represent the fastest moving big business buyers and have a strong understanding of the state of the EV market.

This year’s EV100 Progress and Insights Report shows that members are speeding ahead, with approx. 80,000 EVs already deployed and over 10,000 charge points installed to date.

However, the slow roll-out of electric vehicles from the auto industry is the top barrier to switching their entire fleet, cited by 79% of respondents – up by a third from last year.

As corporate ambition shifts gear, the auto industry is not responding fast enough for supply to match demand. While the European EV market is expected to grow in response to tough EU emissions rules, the US in particular risks being left behind globally – with the right for State level leadership on vehicle emissions standards being fought out in the courts later this year.

Helen Clarkson, CEO, The Climate Group, said:

“For years’ automakers have raised the lack of demand as a problem for moving faster on electric vehicles. Our report shows that big business demand for EVs is increasing but is still not being met by manufacturers.

“If automakers want to stay competitive, they need to shift to a higher gear on producing EVs – or risk losing their largest customers.”

Jim Massey, Global Vice-President, Global Sustainability, AstraZeneca, said, “There are obstacles we face, such as infrastructure, such as access to the electric vehicles we’re going to bring into our fleet. So we’re putting out there the demand and the need for infrastructure so that all of us – government, other sectors – can help solve this problem together.”

Other key findings

At the time of publishing:

  • The membership of EV100 has more than doubled in the last year, rising from 31 to 67 members in 80 markets;
  • Members include major leasing companies, who have committed 2.3 million vehicles to go net zero – see new joiners below;
  • The number of members with service contract commitments requiring taxi companies and similar contractors to offer EV based services, have doubled;
  • Members have committed to install charging at 3,200 sites worldwide – as a result, over a million employees set to gain access to charging;
  • At least 43% of members are using 100% renewable electricity for charging.

New joiners

Five more companies have joined EV100 today from the UK, France, US and Denmark. This includes two major UK-based vehicle leasing companies both committing to net-zero emission customer fleets, totaling approximately 400,000 vehicles.

Schneider Electric works on the digital transformation of energy management and automation. The company will convert its fleet of 14,000 vehicles in over 50 countries, as well as installing EV charging at major office and factory sites for employees.

Leonid Mukhamedov, Executive Committee Member, Chief Strategy Officer, Schneider Electric, said: “At Schneider Electric, we committed to net zero operational carbon emissions by 2030, in line with a 1.5°C science-based climate trajectory. Joining EV100 is a key step to deliver this ambition. Such a transformation allows us to embark thousands of our employees, customers, start-ups, together into a variety of innovations. We believe electricity is the future of mobility and we want to demonstrate that a rapid scale-up of EVs is within reach in 10 years.”

Danfoss Group engineers and manufactures energy efficient technologies that enable reduced energy consumption and efficient resource use. Danfoss is committed to electrifying its entire fleet of 2,300 leased or owned company vehicles to EV by 2030, as well as supporting EV uptake by staff by installing charge points at all its factories.

Kim Fausing, President & CEO of the Danfoss Group, said: “E-mobility is a cornerstone for a sustainable energy system and joining EV100 is a natural next step for Danfoss to support this transformation toward accelerated infrastructure development and demand. We believe in electrification as part of our business strategy and successfully produce solutions for an electrified transport sector, both to sea and land. Now we also do our part by committing to electrify our own car fleet as the infrastructure becomes available.”

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