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AFP to explore relative EV and ICE vehicle SMR costs

Date: 23 August 2023   |   Author: Sean Keywood

A new project aiming to provide a definitive comparison of EV SMR costs with their petrol or diesel vehicle equivalents has been launched by the Association of Fleet Professionals (AFP).

The organisation's chair Paul Hollick said that much of the current data and information surrounding the subject was incomplete, inconsistent or contradictory. He said the AFP's objective was to cut through this to provide something as close as possible to a conclusive guide.  

He said: "There's been an assumption ever since EVs started appearing on fleets that their SMR would be substantially cheaper than petrol and diesel cars and vans because there are fewer moving and wear parts. However, real world data has until recently been in short supply because comparatively few fleets have been operating EVs for any length of time.

"Various sources have been issuing what you might call work-in-progress SMR data over the last year or more, providing a snapshot picture of their experiences with EVs but it has been difficult to build a consistent picture. Some are reporting that SMR profiles are cheaper than ICE vehicles, as expected, but others have seen a more complex picture across different models and types of vehicle, especially when it comes to the wear and prices of EV tyres.

"This is problematic for fleets because it means that they don't really have access to information that can show whether what they are spending on EV SMR is broadly consistent with what is being seen across the rest of the fleet sector. They have no way of knowing whether their managerial performance is good, bad or indifferent, and therefore no credible route to benchmarking or developing best practice.

"Many businesses are keen to tackle these issues in order to decide whether to bring their EV SMR in-house, something that many of our members appear to be currently considering."

Hollick said that now also seemed a good time to look at the situation because a comparatively large amount of EV SMR data was starting to become available.

He said: "There are now quite a lot of fleets that now have two, three and even four-year-old electric cars, so we are close to having complete life cycles on which to base our research, showing how EVs stand up to wear and tear over a period of time, and how this impacts on the amount of SMR they need.

"We've appointed an independent consultant to lead the research as soon as possible and produce initial results by the end of September. This is a fleet subject where it seems to us that some kind of definitive picture is very much needed, and the AFP is well positioned to meet that requirement."



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