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75% of fleets undecided on alternative fuel policy

Fleets want to increase their use of hybrid and alternative fuel vehicles but are not exploring alternative fuel strategies.

Fleet AFV policies are driven by running costs, vehicle practicality and availability, and initial purchase price.

Fleet AFV policies are driven by running costs, vehicle practicality and availability, and initial purchase price

That’s the finding of a new research by Allstar Business Solutions that reveals 75% of businesses do not have a clear policy on alternative fuel vehicles (AFVs).

Although 27% of large corporate organisations say they plan to add AFVs to their fleets in the next three years, more than half (56%) of overall businesses do not expect to have any AFVs by 2021.

The research also found the importance attached to environmental concerns varied depending on the size of the business. A total of 82% of corporate respondents described environmental concerns as either ‘important’ or ‘very’ important, compared to medium (73%), small (57%) and micro (61%) businesses.

In response, the fuel card provider is encouraging more dialogue among industry stakeholders to drive the future of alternative fuels.

Paul Holland, chief operating officer at parent firm FleetCor UK, said: “Businesses want to increase their use of hybrid and alternative fuel vehicles, but our research suggests that the assessment of an alternative strategy is complex and, given this, many may struggle to prioritise this above their day-to-day operations. This is particularly true for small and micro businesses, which often do not possess the resources to determine a long-term alternative fuel strategy.”

He added: “Whilst the UK’s infrastructure requires much development before it is ready to support widespread adoption of alternative fuel vehicles, businesses need help to establish their best options, if we are to get faster momentum.”

FIND OUT MORE stories like this at the Fleet Show 2018, where Allstar will be available to take your questions. Register FREE today at thefleetshow.co.uk

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Natalie Middleton

Natalie has worked as a fleet journalist for 16 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. As Business Editor, Natalie ensures the group websites and newsletters are updated with the latest news.