The corporate charge: How UK businesses are leading the electric vehicle revolution

Business fleets are reshaping Britain’s EV transition, using innovative models to drive adoption. What can executive teams learn — and do next — as the market evolves?

Business fleets are driving the UK’s electric vehicle transition, not just by buying in volume, but by reshaping how mobility, policy, and people intersect inside organisations. For executive teams, the message is clear: BEV adoption is as much about market risk and leadership as it is about technology.

In the UK, business and fleet demand has become the bedrock of the electric vehicle market. According to the latest industry data, more than 77 percent of all new BEV registrations in 2024 have come through the corporate channel — a dominance that has only increased since 2023, when the figure stood at 75 percent. By contrast, private new car buyers have so far been hesitant to go electric, with BEVs accounting for just 14.5 percent of private registrations last year. This structural divide means that leadership teams, rather than households, now set the pace for the UK’s EV transition.