‘Only 0,6% of Belgian company cars are electric’
According to HR organization Acerta, 0,6% of the Belgian company car fleet currently has electric propulsion. There is still a lack of infrastructure, although in the near future car taxation will discourage internal combustion engines and promote electric propulsion.
Switch from diesel to gasoline
Acerta publishes these figures based on an analysis of more than 45.000 employers. Although the share of electric vehicles is growing steadily, in recent years we have mainly seen a switch from diesel to gasoline cars. In 2019, the share of diesel cars in the company car fleet has dropped to 80%. This is mainly for the benefit of gasoline cars, which five years ago accounted for 3,5% and today already represent 19% of the fleet.
Limited range of larger EV models
“Company cars are mostly medium-sized and that category of electric cars is still too expensive,” says Kathelijne Verboomen of Acerta. “That’s why they’re not an option for everyone. The breakthrough of the electric company car will only come when the announced mid-range segment is effectively on the market.” However, at the Brussels Motor Show, MG is showing a fully electric mid-size SUV for 31.000 euros. “The infrastructure for electric vehicles is not yet complete either,” Verboomen adds.
Extra charging points in Flanders
According to power grid manager Fluvius, the roll-out of charging stations is on schedule. The intention is to have 2.500 public charging stations with two charging points each by the end of 2020. The construction of the last 1.300 loading poles will be done by the Dutch player Allego.
“Many neighboring countries are scaling up their ambitions to increase their EV charging infrastructure and provide purchase premiums for EVs. Flanders and Brussels are making less effort in this respect and we think this is a missed opportunity,” Harold Langenberg, managing director at Allego Benelux points out.
Fiscal point of view
The new taxation for company cars for 2020 already links the fiscal deductibility of company car expenses (car and fuel) to CO2 emissions. This is particularly bad news for gasoline engines (that are very popular today), which, by definition, have the highest CO2 emissions. “For a very polluting company car, the deductibility can go down to 40%. So the tax incentive for electric driving is still increasing,” Verboomen (Acerta) concludes.