Editor's choice
9 Oct 20

Volvo on Global Fleet Survey: "EV adoption depends on fiscality, infrastructure and perception"

"The pace of adoption of PHEVs and BEVs will vary depending on fiscality, infrastructure and perception," said John Wallace, Fleet Operations & Global Major Accounts Director at Volvo Cars, sponsor of the 2020 Global Fleet Survey. Respondents of this year's survey expect the share of electric and hybrid vehicles to grow significantly in Europe.

The Global Fleet Survey is based on the input of no fewer than 113 multinational companies, together representing 8.5 million employees and over 1 million vehicles. It analyses fleet and mobility policies those companies have implemented or are planning to implement.

Get full insights into the global fleet & mobility community and order your copy of the 60-page Global Fleet Survey now!

John Wallace, Fleet Operations & Global Major Accounts Director at Global Fleet Survey sponsor Volvo Cars, shared his comments on some of the graphs in the survey.

Respondents of the Global Fleet Survey 2020 expect the share of electric and hybrid vehicles to grow significantly in Europe, while the growth in other regions is much less important. How do you see the powertrain evolution on a global level?

"We expect to see growth in every region over the mid to long term, especially for BEVs, but the pace of adoption will vary depending on fiscality, infrastructure and perception. Our PHEV share in Europe is already above our initial expectations, as demand and supply both grow."

On average CO2 caps will drop from 140g in 2020 to 96g in 2025, according to the results of the Global Fleet Survey. Do you think this ambition is realistic?

"It’s feasible with the wider market availability and acceptance of PHEVs and then BEVs. Our long-stated ambitions towards electrification certainly place Volvo Cars at the forefront of such developments."

Looking at the selection criteria for OEMs, pricing is still in the top spot, before topics like safety and sustainability. Do you think the pandemic will strengthen the focus on pricing or will it give criteria around safety and sustainability more importance?

"There was an understandable movement by some companies to further reduce their costs to help weather the COVID-19 cashflow storm. However, most organisations continue to balance TCO along with their wider corporate objectives. For example, we find our high score in the Ecovadis independent CSR evaluation is given an increasingly high weighting by companies, along with the wider “fit for purpose” attributes behind our cars, together with the Volvo Cars brand promise supporting their own environmental and employee duty of care targets."

Order your copy of the 60-page Global Fleet Survey now!

Image copyright: Volvo Cars

Authored by: Benjamin Uyttebroeck