EV Fleets Save Rs 65 Lakh in 15 Days: Routematic Report Electric vehicle (EV) fleets are helping companies save significant amounts of money, according to a new report by Routematic. The company claims that businesses can avoid major fuel costs by transitioning to EV fleets, with data showing savings of approximately Rs 65 lakh every 15 days. Annual savings are projected to exceed Rs 15 crore as fuel prices continue to fluctuate. Routematic has deployed over 400 electric vehicles in Bengaluru and Pune for employee transportation. These EVs replace traditional petrol or diesel vehicles, reducing fuel consumption by around 65,400 litres every 15 days. At current fuel prices, this translates to savings of nearly Rs 65 lakh during the same period. Over a year, the company estimates fuel savings of about 15.7 lakh litres and cost savings of nearly Rs 15.7 crore. The shift to EVs is driven by rising fuel price volatility, which has made traditional fuel-dependent transportation systems less reliable. Companies are increasingly adopting EVs not only for sustainability but also to manage costs. Employee transport vehicles typically travel 100–150 km daily, making them well-suited for electrification. However, over 60 per cent of Global Capability Centres in India still lack efficient commute systems, highlighting a gap in adoption. Sriram Kannan, Founder & CEO of Routematic, emphasized the growing importance of electrification for cost stability. He stated, “Global geopolitical tensions and the resulting volatility in fuel prices have exposed the vulnerabilities of fuel-dependent mobility systems. Electrification is no longer just about sustainability; it is increasingly about cost stability and operational efficiency, especially for enterprises running large, round-the-clock transportation networks.#bengaluru #pune #routematic #sriram_kannan #global_capability_centres
EV Fleets Offer Significant Fuel Savings for Enterprises New data from corporate mobility platform Routematic highlights the substantial fuel cost savings achievable by transitioning to electric vehicle (EV) fleets. The company’s operational insights reveal that electrifying transportation networks can drastically reduce dependency on fossil fuels, offering enterprises a financial hedge against volatile fuel prices. Routematic, India’s leading AI-enabled corporate mobility platform, has deployed over 400 company-owned EVs across Bengaluru and Pune, serving more than 400 enterprises across 24 cities. According to its fleet operations data, these EVs prevent the consumption of approximately 65,400 litres of fuel every 15 days compared to conventional internal combustion engine (ICE) vehicles operating under similar conditions. At current fuel prices of around INR 100 per litre, this equates to nearly INR 65 lakh in annualized savings. Extending this trend to a full year, Routematic estimates that its current EV deployments could avoid over 15.7 lakh litres of fuel consumption annually, translating to annual savings of approximately INR 15.7 crore. These figures underscore the economic viability of electrification, even for a portion of corporate transportation fleets. The company suggests that a full transition to EVs could yield even greater savings and efficiency. The data reflects a growing economic rationale for electrification amid global geopolitical tensions and fluctuating fuel prices. For enterprises, adopting EVs is increasingly seen as a strategic move to stabilize operating costs rather than solely a sustainability initiative. However, despite these benefits, structured corporate commute systems remain underutilized.#bengaluru #pune #routematic #sriram_kannan #global_capability_centres