Wednesday, 11 June 2014

Tesla: The Future for our Fleets?



I have always been a fan of electric vehicles. And I have had faith for many years that the EV will, one day, be a genre of cars that is not seen as “the boring option”.

No – cars have had to evolve and so has the EV.

Gradually, over time, the EV is not just available in city-car form. There are some pretty stunning electric vehicles coming into the marketplace and if this trend carries on, I think that companies across the UK will be reviewing the way that they run their fleets and probably ditching the combustion engine altogether.

After all, if there is little or no compromise on car choice (as EV ranges are set to expand), performance or range, it makes sense to adopt the electric vehicle approach. Looking at the BMW i8 – which is more than twice the price of the Tesla Model S – the latter EV represents great value for money.

 It is now actually pretty cool to own an EV. And it’s very cool to own a Tesla. We’re talking celebrity cool – you can be green and still be driving what is a very stylish and really swift car. What’s not to like?

It was only on Saturday that Tesla CEO, Elon Musk himself, delivered five cars to clients in London at a special event that welcomed the arrival of the right hand drive Model S here in the UK. And Tesla have plans to expand further than their one store in Westfield and their service centre in the West of London.

Over the next year, expect to see a Tesla SUV, a family car and possibly another roadster. There will be more choice and hopefully by then, more funders who are happy to fund electric vehicles when it comes to leasing.

Leasing a Tesla Model S – vs – Leasing an equivalent standard engine car

Leasing a Tesla Model S 60KWH Auto

CO2 emissions: 0g/km 40% tax payer benefit in kind tax (BIK): £0.00
Fuel economy: n/a
Range: 310 miles
Performance: 0-62 mph 5.9 seconds, top speed 120mph
Cost of Lease per month (ex. Vat): £599.99
Total cost per month: £599.99

Leasing an Audi A8 3.0 Tdi Quattro SE 258ps tiptronic

CO2 emissions: 155g/km
40% tax payer benefit in kind tax (BIK): £527.17 per month
Fuel economy: 47.9 mpg – monthly fuel cost est £161.33 per month (based on 15k miles per annum, average diesel cost 135.99 pence per litre)
Range: 863 miles
Cost of Lease per month (ex. VAT):  £649.99
Total cost per month: £1338.49
Total overall monthly saving EV vs Diesel example: £738.50 per month
Total overall annual saving EV vs Diesel example: £8862.00 per month

Tesla EV range anxiety and charging


Well, hopefully, range anxiety should not be an issue for anyone looking to take on a Tesla Model S – it is highly unlikely that many of us will be travelling over 300 miles on any one journey. Remember, also, that this is on one single charge.

When it comes to charging, forget worries about the government not getting their act together with the charging network. Firstly, we have already established that we are getting to over 300 miles before you need to worry about running out of charge and secondly, Tesla have initialised the first Supercharger station at the London Royal Victoria Docks. This means that the Model S will be able to travel onto the continent and cover long distances for free.

In addition, in the capital, there will be free Superchargers across the city and Tesla have plans to include the rest of the country in their network; by the end of 2015 Tesla reckon that their customers will be able to cover the country on their free electric-charge super-highway.

This was not a special offer blog in any way; this one was one from the heart. I have owned a city EV myself for a number of years and I swear by it.

It really is my belief that Tesla have put a bit of much-needed fire into the UK EV market. And this fire’s only going to get hotter.









Note: To speak to Mark call 01223 893260, or tweet him @SamwaysCarTalk – he is always happy to help!

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