Unveiling the future of EVs in 2024, according to FLEETCOR
Corporate payments company Allstar Chargepass helps businesses save money by building innovative solutions. Allstar Chargepass simplifies fuel expense management with cost controls, alerts, reporting and tracking, as well as compliance tools.
In his role, Ashley Tate helps businesses accelerate their transition to electric vehicles through simple charging payment solutions.
Transforming charging infrastructure and business fleet adoption in 2024
In 2024, Tate sees EV trends developing in a few different ways, which he shared exclusively with EV magazine.
“This year we saw several councils across the UK issue tenders for public curbside EV charging, next year, I believe we’ll start to see these efforts materialise. Due to the rising demand for public charging, rapid charging operators are now installing 6, 8, 12,and even 30-plus chargers in a single location. I predict that we’ll see the number of rapid charging hubs more than double next year. Alongside this, EVs themselves will become more mainstream and affordable. That’s thanks to some of the more premium brands, like Tesla, promising to disrupt this space. Whilst other high-end brands – such as Bentley and Range Rover – will launch their flagship EVs too.
“With this accessibility to both vehicles and public chargers opening up, home EV tariffs will become a more competitive space in 2024. I expect we’ll see the number of specialist tariffs double in the next year. Octopus launched their first EV tariff almost five years ago now, and many more have since followed suit with more competitive and dynamic tariffs.
“The UK Car Market statistics also demonstrated that businesses are beginning to lean more toward EV fleets, as the increased volume of EVs was mostly driven by fleet purchases in 2023. Next year, despite the delayed ban on fossil fuel cars, we still expect to see businesses continue to commit to the EV transition as they work on reducing their carbon footprint. It’ll be these business fleet transformations, supported by growing consumer interest, that could be a key driver in ensuring the UK doesn’t fall behind on its pledges to halt climate change.”
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