Asda to convert all company cars to electric by mid-2025
The British supermarket chain Asda has announced that it will convert its fleet of over 600 vehicles completely to electric cars by June 2025. The company is thus a few years ahead of the British government’s target of only allowing new zero-emission cars from 2030.
However, the step for the company is smaller than it first appears: Asda states that 85 per cent of employees who chose a company car as part of their benefits package last year had already chosen an electric car.
As a result, the company car policy and also the available models were adjusted. As a result, employees at headquarters and in the field will in future be able to choose “from a wide range of makes and models.” Specifically mentioned in the memo are the Audi Q4 e-tron, Mercedes EQA and EQC, Tesla Model 3, Polestar 2, VW ID.3 and ID.4, and the electric version of the Volvo XC40.
“Reducing our carbon footprint is extremely important to us and our customers, so we are always looking for ways to make a difference and be a more sustainable business,” said Simon Bell, Senior Manager Asda Reward Team. “We are delighted by the enthusiastic uptake in electric cars by our colleagues over the past few years, and it is a win-win, as they are helping the environment as well as reducing their own motoring costs.”
According to Asda, they will also benefit financially, with the cost of charging electric cars at around a third of the cost of petrol or diesel. In addition, the company car tax percentage is just 1% in the UK, significantly lower than the petrol alternative.
The move to an all-electric car fleet is supported by Zenith, who says it has worked in partnership with Asda for 20 years and manages its car and commercial fleet.