Stephen Mahony
Managing Director, Mahony Fleet
John Young
Sales Director, Mahony Fleet
Transitioning to zero or low-emission vehicles, such as battery electric vehicles (BEVs), plug-in hybrid vehicles (PHEVs) and hybrid electric vehicles (HEVs), can significantly lower running costs through tax savings and operational efficiencies.
Reducing your fleet’s carbon footprint makes both environmental and financial sense, and Mahony Fleet is here to help you move with change.
Financial advantages of low-CO2 fleets
Operational savings for BEVs come from their lower fuel and maintenance costs, as they have fewer moving parts requiring maintenance than traditional vehicles. For PHEVs and HEVs, savings are achieved through reduced fuel consumption and the associated tax benefits.
Both zero and low-CO2-emitting vans and cars attract reduced road tax, potentially saving businesses thousands annually across larger fleets. For drivers, the zero emissions of BEVs and lower emissions of PHEVs result in reduced Benefit-in-Kind (BIK). These tax incentives and fuel savings mean transitioning to low-emission vehicles significantly reduces costs for the company and employees over time.
Reducing your fleet’s carbon footprint can be one of the quickest ways to achieve your company’s overall environmental goals while delivering tangible financial rewards. At Mahony Fleet, we have been supplying vehicles and fleet services to Irish companies since 1966 and have witnessed significant changes in our customers’ vehicle needs for nearly 60 years.
‘How to navigate the electrification of both car and van fleets’ is one of the most common questions we have received for several years. We believe understanding the differences between modern powertrains is key to making the best choice for your fleet, and we’re available to help your company move with change.
Tax incentives and fuel savings
mean transitioning to low-emission
vehicles significantly reduces costs.
Battery electric vehicles
BEVs are fully electric vehicles that require external charging. Producing zero tailpipe emissions, BEVs are the most environmentally friendly option and ideal for companies aiming to achieve net-zero carbon targets quickly.
Plug-in hybrid vehicles
PHEVs combine an internal combustion engine with a rechargeable battery. They allow for short trips in electric-only mode, reducing emissions and fuel costs while providing the flexibility of petrol or diesel for longer journeys. PHEVs are a practical choice for fleets that want to begin their journey to electrification.
Hybrid electric vehicles
HEVs use a self-charging battery system that doesn’t require external charging. While not entirely electric, HEVs are more fuel-efficient and emit less CO2 than traditional petrol or diesel vehicles. Contact Mahony Fleet to learn more about our available fleet leasing options and what powertrains we think would best suit your company’s needs.
