EV100 Progress and Insights Annual Report 2019

Since The Climate Group launched EV100 in September 2017, more than 35 major companies with over US$0.5 trillion in combined revenue have joined to accelerate the move to EVs. Including a unique customer fleet commitment by LeasePlan, more than 2 million vehicles are now committed under EV100.

This is the first EV100 Progress and Insights Annual Report. It shines a light on companies’ fleet and charging commitments. It identifies climate action as a key driver, alongside the opportunity to be seen as a leader, and a rapidly maturing business case – battery pack costs have fallen by 85% since 2010.

The analysis covers the 23 members who joined by fall 2018. Despite identifying barriers such as lack of available vehicles and charging, these companies are switching at speed, sending a clear demand signal to the marketplace.

Please note, on page 5 of the report, the line we estimated that 6.6 million metric tons CO2E will be saved by 2030. Subsequent analysis has shown that the correct savings figure is 993,050 tCO2e Projected Annual Avoided GHG Emissions in 2030 based on the Current Year Fleet.