The shift to zero-emission corporate vehicle fleets is gaining serious traction across numerous markets worldwide, according to a new report released today by Climate Group. The EV100 Transition Barometer, created in collaboration with New AutoMotive, evaluates the global readiness for fleet electrification.
The report identifies 13 countries at the forefront of fleet electrification efforts, including Norway, Ethiopia, China, and the UK. Other leaders include Singapore, South Korea, and Uruguay. A second group of emerging markets features nations like India, Thailand, Chile, and Colombia.
Based on these findings, Climate Group urges companies worldwide to accelerate their switch to electric vehicles (EVs). This report coincides with the relaunch of Climate Group’s EV100 initiative, a coalition of more than 120 influential companies dedicated to electrifying their fleets. Together, EV100 members have already put over 700,000 EVs on the road, with many having electrified more than half of their vehicles.
The updated EV100 framework offers more flexibility, reflecting the unique conditions of different regions and vehicle types. Instead of a uniform 2030 target, it now sets region-specific deadlines and allows companies to prioritize electrification of cars, vans, or trucks as fits their operations.
Dominic Phinn, Head of Transport at Climate Group, commented, “EV100 is driving the global movement to complete the EV transition. Our members are forward-thinking leaders who recognize the competitive edge of early adoption. The future of road transport is cleaner, healthier, and smarter — and those who act fastest will lead the pack.”
By advancing EV adoption, EV100 companies help boost demand and lower costs, making electric vehicles more affordable and accessible to all. To develop the new approach, Climate Group partnered with transport research firm New AutoMotive to analyze 39 markets on their fleet electrification potential, using factors like regulatory support, charging infrastructure, fiscal policies, and current EV uptake.
Ben Nelmes, CEO of New AutoMotive, said, “The EV100 Transition Barometer reveals significant momentum and opportunity for fleet electrification worldwide. Companies in markets with robust policies can expect productivity gains, while those in emerging markets can take heart that supportive infrastructure and incentives are increasing.” Arcadis, a global leader in sustainable design and engineering, recently joined the EV100 network.
Simon Swan, Global Solutions Director at Arcadis, stated, “Joining EV100 aligns with our mission to improve quality of life. We are committed to electrifying our global fleet by 2030. Tackling climate change is our greatest challenge, and this partnership represents a major step toward net zero by 2035.”
EV100 members, spanning various stages of electrification, collectively influence policy worldwide and share practical insights through ongoing events. The relaunch is accompanied by a two-week campaign featuring stories and insights from members like Ikea, AstraZeneca, Geopost, Maersk, Arcadis, Siemens, Astara, and Delta Electronics.
EV100 is Climate Group’s global coalition of business leaders accelerating the transition to zero-emission road transport. Its members are committed to fully electrifying their fleets by ambitious deadlines, across vehicle types and markets. By speeding EV adoption, they help lower costs and increase accessibility.
For over 20 years, Climate Group has spearheaded rapid climate action aimed at achieving net zero carbon emissions by 2050, fostering prosperity along the way. The organization builds coalitions of leading companies focused on energy, transport, and heavy industry decarbonization. It also organizes Climate Week NYC and serves as secretariat for the Under2 Coalition, a global network of subnational governments committed to climate goals.