European Companies Plan to Increase Electric Vehicle Purchases

European businesses are planning to significantly expand their electric vehicle fleets, according to a new survey of corporate vehicle policies. The study examined company car fleets across multiple European countries and found that diesel vehicles currently dominate at 37 percent of corporate fleets, followed by gasoline vehicles at 32 percent. The research indicates a shift in corporate transportation strategies as companies prepare to transition away from traditional combustion engines toward electric alternatives. This planned increase in electric vehicle adoption by businesses represents a significant development in Europe's broader transition to sustainable transportation, as corporate fleets typically represent a substantial portion of total vehicle sales and could accelerate the overall market adoption of electric vehicles.