Electric vehicles & smart charging technology
Transport makes up almost 20% of Australia’s total emissions
This sector presents one of the greatest barriers to achieving national emissions reduction targets. The Electric Vehicle Council estimates that without action from the government, Australia’s transport emissions will be unlikely to reach the economy-wide target of a 43% reduction.
If current trends continue, the transport sector could become Australia’s top emitting sector in the near future, as other sectors of the economy – such as energy – rapidly decarbonise.
The impact for Australian businesses
As a result of the lack of government intervention, the burden of reducing emissions is being shifted from the transport sector onto Australian farmers, manufacturers and other transport-reliant businesses and industries.
For these industries, it’s more critical now than ever to prioritise the electrification of fleet vehicles.
Globally, the adoption of EVs is accelerating at an unprecedented pace, with EVs currently making up over 18% of new light vehicle sales.
Although recent Australian EV stats are promising, there’s more work to be done to ensure Australia follows the same trajectory.
new EVs purchased during 2023
EVs now on Australian roads
of all new cars sold are EVs
increase from 3.81% in 2022
The role of EVs in the renewable transition
Electric vehicles present a fast-emerging opportunity for innovation as we move towards an electrified future – and there is more to gain from electrifying the transport sector than simply reducing emissions.
As the renewable transition continues to progress in Australia, EVs play an important role, providing significant economic opportunities to both businesses and households.
Grid-aware EV charging can leverage abundant low-cost solar energy and utilise spare network capacity, helping support the grid and maximising value from existing renewable assets.
Additionally, as vehicle-to-grid (V2G) technology is deployed at scale in future, EVs have the potential to reduce grid strain during peak demand periods and could offer a sustainable firming alternative to thermal asset generation.
Benefits of going electric for your business
- Lower operating costs than ICE vehicles (based on cost per km)
- Reduction in carbon emissions
- Supports achievement of emissions/sustainability targets
- Improved fuel security
- Cleaner, quieter communities
- Reputational brand benefits
More accessible, affordable EVs for Australia
The benefits of decarbonising your fleet extend far beyond your business, helping accelerate the EV transition for all Australians.
Fleets make up more than 40% of new car sales each year. According to the Australasian Fleet Management Association (AMFA), just 1,000 companies are responsible for roughly 1.5 million vehicles on Australian roads.
Fleets typically update vehicles within 3-5 years of purchase, and this fast turnover provides an influx of electric vehicles to the secondhand market, giving the Australian public access to more affordable EVs faster.
If Australia’s largest corporate fleets commit to only purchase electric vehicles by 2025, we could see an extra 1-1.5 million electric cars, utes and vans reaching the secondhand market before 2030.
Flow Power’s smart EV solutions
Flow Power’s unique business electricity plans incentivise efficient time of use.
This is beneficial for EV charging, allowing users to capitalise on the cheaper, more renewable energy typically available during the day.
Our specialist team of engineers can develop and implement control strategies for smart optimised charging, with intelligent automation via our kWatch hardware.
‘Market-aware’ technology preferentially schedules charging during low-cost periods on the grid, which typically align with periods of peak renewable generation.
Unlock additional financial support to assist with your business’ electric transition.
Our team can help your business access State and Federal goverment funding (subject to eligibility criteria).
Smart charging in practice: City of Adelaide & UPark
City of Adelaide is utilising Flow Power’s smart technology to provide Adelaide motorists with greater access to smart EV charging stations, using ‘market aware’ technology to increase energy efficiency.
Whether you’re ready to electrify your fleet, or simply considering your options, our specialist team can help.
Get in touch today to learn more.