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Charging the EV Transition

EV100 Annual Progress and Insights Report 2024

Charging the EV Transition

3 April 2024, 12:09 UTC 2 min read

Leading global businesses are boosting international demand for electric vehicles (EVs) by switching over 630,000 cars and vans to electric across 71 global markets, our new Charging the EV Transition report can reveal.  

Over the last 12 months, 231,000 vehicles were switched to EVs, a jump of 57% from last year, showing that the 128 EV100 members continue to match their ambition with action. 

In a further sign of commitment to the future of road transport as electric, our latest numbers show that our members have installed over 35,000 EV chargers at 3,442 different locations worldwide, with 5,000 coming online in the last year alone. This means over half of charging units the businesses have committed to installing are already operational. 

EV100 members have committed to run 5.45 million EVs by 2030. To meet the scale and speed of their demand, we'll continue to urge automakers to increase the variety and availability of affordable EVs for company fleets. 

To speed up the transition, we also know that support from policymakers is vital. Governments worldwide need to urgently build out public charging networks, and work in partnership with pioneering businesses who are already running EVs, to ensure investment in infrastructure is targeted at locations of greatest need.  

Other measures, like clear phase-out dates for petrol and diesel vehicles and implementing measures such as zero emission vehicle (ZEV) mandates and CO2 standards, will further allow businesses to invest with confidence in fully electric options. 

Now in its sixth year, EV100 has grown from an initial group of 10 businesses in 2017 to a group of 128 EV pioneers, continually raising their ambition on the way to going fully electric by 2030. 

Click here to read more in our new Charging the EV Transition report.