New study: Most European transport companies want to shift to a sustainable fleet but there are challenges

83% of transport companies in Europe want to shift to electric vehicles (EV) or alternative fuels in their fleet, according to a new study conducted by AddSecure. The main drivers for the transition to a more sustainable fleet are the companies' sustainability goals and requirements from customers. However, the study also identified four key challenges that these companies face in making the shift: range anxiety, lack of charging points, heavy batteries, and high cost of EVs. Challenges that can be overcome with smart technology.

A new survey by AddSecure, a leading European provider of secure IoT connectivity solutions, shows that four out of five (83%) European transport companies are willing to shift to electric vehicles or alternative fuels in their fleet, or both if conditions allow.

The pan-European survey shows that one in four (26%) transport companies consider sustainability to be the primary factor in wanting to transition to a more climate-friendly fleet. More than one in five (23%) said that demands from customers is the main driver for the transition.

“These findings highlight the need for greater investment in technology and infrastructure to support the transition to sustainable fleets in Europe, both in terms of meeting the transport companies’ requirements and in turn for them to be able to meet their customer’s demands. Without such investment, transport companies will struggle to overcome these challenges and meet the growing demand for environmentally friendly transport solutions”, says Claes Ödman, President Smart Transport at AddSecure.

Over two thirds (70%) of European transport companies said that concerns about a vehicle's limited operating range (range anxiety) is a significant challenge. The lack of charging points along the roads is also mentioned as a concern for more than three in five 65%, while both the heavy weight of the batteries and the high cost of EVs were cited as challenges by the majority (50%).

“At AddSecure, we understand the challenges faced by transport companies in their transition to sustainable fleets. That's why we are committed to providing innovative, smart solutions that help overcome these challenges and support the shift to electric and alternative fuel vehicles for a more sustainable future”, says Ulrika Allén, VP Products and Technology, Smart Transport at AddSecure

Download the pan-European report “Are you ready for the EV shift?” at Addsecure.

About the survey
This survey was conducted between October and November 2022. The pan-European survey included 17 questions and was shared with customers in 10 countries. In total, approximately 300 customers participated.