In recent years, corporate fleets have been found to be rapidly moving to EVs to achieve a number of goals. It helps them cut operating costs, meet ESG goals, and comply with the current emission standards. Hence, EVs are becoming a strategic choice for corporate fleets across industries.
Moreover, businesses are rethinking how their employees commute and how their company-owned vehicles are put to use. In fact, sustainable mobility today is as much a business decision as it is an environmental one.
And that’s where corporate car leasing for electric cars comes in. What is it? Why is it catching up with the corporate big bosses? Let’s find out.
What is Corporate Car Leasing?
As the term itself suggests, corporate car leasing is a model of procuring vehicles where a company leases cars for official use or employee commute instead of purchasing them outright.
Key benefits of corporate car leasing
- Reduces upfront capital spend, which would have resulted from buying vehicles for employee commute and official use.
- Leasing cars also comes with easy monthly costs that corporations can manage comfortably.
- Tax advantages and depreciation benefits are also guaranteed.
- This option also offers flexibility whenever the corporation wants to scale or upgrade the fleet.
Hence, if you’re a CEO of a corporate looking modernize their mobility and boost convenience for employees without locking capital, you can see why corporate car leasing comes out as the clear winner!
Rise of Electric Vehicles in Corporate Fleets
Just like for people across the globe, electric vehicles are becoming the ‘go-to’ choice in corporate mobility, as well.
Growing EV Adoption
- Due to the increasing policy support, corporate EV adoption is accelerating in India.
- Globally, EVs now make up a significant chunk of new fleet additions in the corporate world.
- IT, logistics, and ride-hailing sectors are at the forefront in leading the EV transformation in the country.
What are some government incentives for EV adoption?
- Lower GST is charged on electric vehicles
- There has been a surge in good infrastructure policies for EVs across India.
- Income Tax benefits under Section 80EEB
Alignment with ESG and Corporate Responsibility
- EV corporate fleets directly reduce Scope 1 and Scope 3 emissions.
- When your company owns a fully (or even partially) EV fleet, it helps in ESG reporting and other sustainability disclosures.
- In the long term, compliance with environmental regulations is guaranteed.
In fact, a lot of corporates see switching to electric lease cars for their fleet as an integral part of their net-zero emissions roadmap.
Why Do Companies Choose Electric Lease Cars?
First of all, electric lease cars significantly lower the total cost of ownership.
The key savings that corporations make with electric lease cars include:
- Electricity costs are much lower than diesel and petrol
- Due to fewer moving parts, the maintenance cost of electric cars is minimal.
- EVs do not require regular engine oil changes or mechanical repairs.
Furthermore, corporate car leasing also offers:
- Fixed monthly lease payments
- Budgeting becomes predictable
- It also offers protection from fuel price volatility
Environmental Impact
In today’s business environment, sustainability is not just an option but a responsibility that corporations must shoulder. In other words, consumers expect companies to do their share for the planet.
And electric lease cars help companies in:
- Reducing noise and air pollution
- Lowering carbon emission levels
- Meeting ESG and CSR objectives
So, for organizations that have sustainability goals, EV leasing is among the initiatives that have the best impact.
Technology & Features
Today, EVs come with the full list of advanced tools and technology that any automobile requires.
With EV leasing, companies get access to:
- Latest EV models without upfront investment.
- Digital interfaces and smart dashboards
- Connected telematics and vehicle data
- Enhanced safety features and driver-assist
Scalability & Flexibility
As businesses grow and change, their fleet also requires change.
And when they opt for a corporate car lease, companies enjoy:
- Easy expansion or downsizing of the fleet
- Flexible lease tenures
- Upgraded vehicles when the lease is renewed
The key is that the electric lease cars allow companies to grow sustainably without long-term risk.
Employee Satisfaction & Brand Image
Corporate mobility reflects company values.
Electric lease cars do the following:
- Strengthen employer branding
- Position the company as environmentally responsible
- Appeal to eco-conscious employees and clients
For employees, EVs are:
- Quiet, smooth, and comfortable
- Modern and tech-driven
- A meaningful workplace perk
This directly improves employee satisfaction and retention.
Alt Mobility’s Role in Corporate EV Leasing
Alt Mobility is emerging as one of the most trusted names among corporate EV leasing solutions in India.
We specialize in helping businesses adopt electric fleets without any complexity whatsoever.
What Alt Mobility Offers?
- End-to-end corporate car leasing
- A wide range of electric lease cars
- Customized fleet solutions based on business needs
Key Services at Alt Mobility Include
- Fleet planning and deployment
- Vehicle maintenance and servicing
- Charging and operational support
- Real-time fleet tracking and analytics
Why Do Corporations Trust Alt Mobility?
- Proven expertise in EV leasing
- Transparent and flexible pricing
- Robust focus on efficiency and uptime
- Scalable solutions for startups to enterprises
Alt Mobility simplifies the transition to electric mobility while ensuring operational reliability.
How to get started with Corporate EV Leasing?
The transition to an EV fleet is much easier than it seems. Here’s a step-by-step guide for corporations to get started.
Step 1: Assess your fleet requirements
- Identify the number of vehicles you need for your fleet
- Confirm daily usage details like the routes, etc.
- Clarify if you need the vehicles for operational needs, or employee commute, or both
Step 2: Choose the right electric cars
- Passenger EVs for executives and employees
- Utility EVs for logistics or field operations
- Vehicles aligned with usage and charging availability
Step 3: Partner with a leasing provider
- When you’re looking for a leasing provider, consider experienced names like Alt Mobility
- Customize your lease terms, duration, and fleet size
- Check for bundle maintenance and ensure that you get support services
Step 4: Implement and manage efficiently
- Use fleet analytics provided by the likes of Alt Mobility to monitor performance
- Deploy vehicles with minimum downtime
- Optimize costs and operations continuously
Businesses looking to adopt electric fleets can connect with Alt Mobility for a consultation and tailored corporate EV leasing solutions.
Driving the Future of Corporate Mobility
With corporate car leasing, businesses benefit from lower operating costs, predictable expenses, improved sustainability, and higher employee satisfaction.
With trusted partners like Alt Mobility, companies can transition smoothly to electric mobility without operational complexity.
Make the switch to electric lease cars with Alt Mobility and move your business toward a smarter, greener future.