How Can EV Leasing Help Businesses Hedge Against Fuel Price Volatility?

How Can EV Leasing Help Businesses Hedge Against Fuel Price Volatility?

Feb 7, 2025

Feb 7, 2025

How Can EV Leasing Help Businesses Hedge Against Fuel Price Volatility?
How Can EV Leasing Help Businesses Hedge Against Fuel Price Volatility?
How Can EV Leasing Help Businesses Hedge Against Fuel Price Volatility?

Fuel prices are as unpredictable as the weather. One minute, they’re low, the next, they skyrocket. For businesses reliant on transportation, this volatility can wreak havoc on budgets. EV leasing is a game-changing solution for hedging against this uncertainty. Here’s how it works and why it’s a smart move for your business.

Financial Stability and Predictability

  • Fixed Monthly Costs

Imagine having a transportation budget that doesn’t fluctuate with every spike in fuel prices. That’s what EV leasing offers. With fixed monthly payments, businesses gain financial predictability, allowing them to allocate resources effectively. You’re no longer at the mercy of rising diesel or petrol costs, which can derail financial planning.

For companies managing a fleet, leasing also means paying for the vehicle's use without the massive upfront costs of outright purchases. This frees up capital for other critical business needs, making EV leasing a financially savvy option.

  • Tax Benefits

Leasing EVs doesn’t just stabilize your expenses—it also comes with attractive tax perks. Lease payments are often tax-deductible, reducing corporation tax burdens. Businesses can also benefit from VAT savings and reduced Benefit-in-Kind (BIK) rates, particularly in regions with favorable EV policies. These advantages create a ripple effect, improving cash flow and shielding your business from fuel price volatility.

Reduced Operational Costs

  • Lower Fuel Costs

Electricity is significantly cheaper than gasoline or diesel, and its prices tend to be more stable. Leasing EVs eliminates the guesswork surrounding fluctuating fuel costs and lets businesses tap into electric charging, which is cost-effective and reliable.

For instance, charging an EV at off-peak hours can cut costs even further. Over time, these savings add up, making EV leasing an economically sound choice.

  • Maintenance and Repair Coverage

One of the lesser-talked-about benefits of EV leasing is maintenance. Many leasing agreements include comprehensive maintenance packages that cover routine servicing and repairs. This means fewer unexpected expenses for your business.

Since EVs have fewer moving parts than traditional combustion vehicles, they also tend to require less maintenance overall. No more worrying about costly engine repairs or exhaust system replacements!

Environmental and Corporate Responsibility

  • Sustainability Goals

Corporate social responsibility is no longer optional—it’s essential. Leasing EVs aligns perfectly with sustainability goals, helping businesses reduce their carbon footprints. With governments and consumers alike pushing for greener operations, transitioning to an electric fleet positions your business as a forward-thinking, environmentally conscious brand.

By showcasing your commitment to sustainability, you also enhance your reputation among eco-conscious customers. It’s a win-win: save money while boosting your brand image.

Why EV Leasing Makes Sense for Any Business

  • Adaptable to Your Needs

Leasing allows businesses to scale their fleet as needed, adapting to growth or changes in demand. You’re not tied to a single vehicle for years; instead, you can upgrade to newer EV models with better technology, range, and efficiency. This flexibility ensures your fleet remains competitive without requiring a significant upfront investment.

  • Aligned With Market Trends

The transition to EVs isn’t just a trend—it’s the future. Governments worldwide are phasing out fossil-fuel vehicles in favor of electric alternatives. By leasing EVs, your business stays ahead of regulatory changes and market shifts, ensuring compliance and avoiding future penalties.

Meet EVFY: Your Partner in Electric Vehicle Leasing

At EVFY, we understand that businesses need reliable, cost-effective, and environmentally friendly solutions to remain competitive. That’s why we offer a range of top-tier electric vehicles designed to meet diverse business needs.

Here’s a glimpse of our lineup:

1. BYD T3
Perfect for small-to-medium deliveries, the BYD T3 is fully electric and boasts fast charging capabilities.

  • Max Payload: 780 kg

  • Cargo Volume: 3800 L

  • Range: Up to 300 km

  • Charge Time: AC: 7.6 h, DC: 1.3 h

2. DFSK EC35
Ideal for larger deliveries, the DFSK EC35 offers more cargo space and can carry heavier loads.

  • Max Payload: 1100 kg

  • Cargo Volume: 4800 L

  • Range: Up to 331 km

  • Charge Time: AC: 5.9 h, DC: 1.0 h

3. Golden Dragon XML5036
Built for heavy-duty operations, this vehicle offers unmatched cargo capacity and durability.

  • Max Payload: 1730 kg

  • Cargo Volume: 6500 L

  • Range: Up to 250 km

  • Charge Time: AC: 7.6 h, DC: 1.3 h

4. DFSK EC31
Compact yet powerful, the EC31 is perfect for navigating urban environments while carrying significant payloads.

  • Max Payload: 1280 kg

  • Cargo Volume: 3500 L

  • Range: Up to 280 km

  • Charge Time: AC: 5.9 h, DC: 1.0 h

5. SRM T3
Designed for businesses needing both range and payload capacity, the SRM T3 is a versatile workhorse.

  • Max Payload: 1625 kg

  • Cargo Volume: 3500 L

  • Range: Up to 300 km

  • Charge Time: AC: 8.1 h, DC: 1.3 h

Let EVFY Power Your Business Forward

When you lease an EV from EVFY, you’re not just getting a vehicle—you’re gaining a partner committed to your success. With zero-emission solutions, cutting-edge vehicles, and tailored leasing packages, we’re here to help you hedge against fuel price volatility and build a sustainable future for your business.

Let’s drive change together! Contact EVFY today to explore our EV leasing options and take your business to the next level.

Decarbonise your logistics and unlock efficiency with EVFY

Decarbonise your logistics and unlock efficiency with EVFY

Decarbonise your logistics and unlock efficiency with EVFY