February 23, 2024

South West News

South West News from Gloucestershire to Cornwall

Daloop Launches Innovative Formula to Help Businesses Calculate the Investment Needed to Install EV Charge Points For Staff

  • Combining nationwide averages for mileage, vehicle choices and home charging capabilities with tailored data around each business’ employee base, the formula creates a staff-to-charge-point ratio to kickstart business’ electrification journeys.
  • With over a decade of experience in managing the roll out of charging networks across businesses and municipalities alike, Daloop has applied its know-how to create this rule-of-thumb formula.

Mobility Change Platform Daloop has announced the creation of a simple formula for businesses looking to invest in workplace electric vehicle charge points. The formula acts as a guideline for businesses looking to support EV-driving employees in calculating the scale of their initial investment by combining a series of national averages with tailored information about each business. This includes the number of employees driving to work, the length of a working week and the approximate percentage of employees without the capabilities to charge at home, a factor which varies drastically based on location. This simple calculation or multiplier can be used to calculate a staff-to-charge-point ratio that will be continually useful for growing businesses and can be easily updated as adoption rates increase.

Using national averages, Daloop has also announced that it has calculated an average UK ratio of 0.0016, or 1 per 1000 employees. Using this formula with projected UK government data on EV adoption, Daloop estimates that the necessary staff-to-charge-point ratio will reach 0.15 by 2035, or 1 per every 6 or 7 employees.

As consumers and businesses alike embrace EVs faster than ever, many businesses are looking at the installation of workplace charge points to support their employees in their greener choices, to encourage a return to the office, attract and retain talent, and to lower ‘scope 3’ emissions and boost ESG credentials.

This type of investment can be complex, and efficiency and ROI depend heavily on a well-informed business electrification strategy.  Many businesses are aware that the investment could prove to be a loss if it is poorly planned. By providing informative resources and encouraging businesses to discuss and consider electrification, corporate EV hesitancy can be swiftly overcome. Daloop’s Mobility Change Platform (MCP) can leverage data and insights to enhance a business’ visibility into and control over these schemes in real time, as well as to guide the initial formulation of an EV charge point strategy. The multiplier serves as a helpful tool, allowing businesses considering EV investments to visualise and have a clear estimate of the scale of their initial investment.

 

Daloop CEO, Jane Hoffer, comments:

“Fleet electrification can be a daunting journey for businesses to make, and it is important for those anxious about these changes to have the tools they need to estimate their need. This simple calculation will enable businesses to visualise the scale of their initial investments into EV infrastructure, pushing past any change anxiety with confidence. Our tagline “Mobility change for good” champions sustainable mobility, and as EV adoption grows, it is essential that workplaces facilitate the transition and support their employee’s values.”

 

How does it work?

The calculation first multiplies the number of employees commuting with their own vehicles by the average EV presence in that country, for example in the UK this currently stands at 1%, and then by the approximate number of employees who lack the capabilities to charge at home, which is 40% on average across the UK. This gives businesses an insight into the approximate number of employees that their charge point will cover.

To calculate the number of charging sessions needed in a work week, businesses calculate the average weekly charges per car, by dividing the average weekly mileage by the average real world battery range, which currently stands at 160 miles. This is then divided by the number of working days to calculate a daily total of charging sessions.

 

Finally, fleet managers can calculate the necessary number of charge points by multiplying the total number of employees who need the charger by the necessary amount of charging sessions each day. Using UK-wide statistics, this formula has also identified an average multiplier of 0.0016 charge points per staff, meaning that businesses typically need 1 charge point per 1000 employees. However, the projected growth of EV usage by 2035, combined with an increasingly competitive job market, means businesses should invest in the necessary infrastructure to support its employees’ greener choices in the future.

 

Formerly known as GoWithFlow, Daloop is dedicated to enabling mobility change for good. With unrivalled expertise from working with key organisations in Portugal, Daloop has harnessed that knowledge to develop and provide software and services that enable business around the world to decarbonise their fleets, whilst becoming the ‘back-office’ of Charge-Point Operators and E-Mobility Service Providers alike. Today, with significant expansion into the UK, Spain, and the U.S.  Daloop’s ‘Mobility Change Platform’ solves the issues for those wishing to be part of the EV charging ecosystem.  Financially backed by Galp Energia, the team has already built and operated an integrated national EV charging infrastructure that now administers over 1 million charges a month and has a goal of connecting 1,000,000 assets (vehicles or charge points) to the Daloop Platform by the end of the decade.

 

Daloop’s whitepaper on the multiplier is available here, and this, alongside other experience-driven insights will be launching later this Summer in Daloop’s new ebook ‘Change Anxiety’.

 

About Daloop (formerly GoWithFlow)

Daloop and its Mobility Change Platform (MCP) help enterprises manage the transition of their fleet to low- or no-emission vehicles while reducing overall fleet and energy costs. Daloop’s MCP provides an integrated view of vehicle and energy data, enabling fleet and facilities managers to plan and operate a network of combustion and electric vehicles along with managing fuel and electricity consumption. Named Portugal’s top cleantech startup in 2021, Daloop makes a transaction roughly every 2 seconds. Daloop’s majority shareholder is Galp, one of Europe’s energy companies leading the transition into renewable energy and sustainable fuels. For more information, visit Daloop Earth.