March 2025

Fleet charging without the mark-ups: Comparing traditional solutions vs. Electroverse for Business

Two graphic lightning bolt characters one is rolling a coin towards a pile of coins and the other is climbing a ladder up a piggy bank stuffed with paper money

Managing a modern fleet—whether traditional ICE, fully electric, or a mix of both—is becoming increasingly complex. Rising operational costs, fragmented payment systems, and the pressures of sustainability targets all weigh heavily on fleet managers and finance teams.

And as more businesses begin their journey towards fleet electrification, they’re encountering new layers of cost and admin that aren’t always visible at first glance. We are here to break down how businesses can save on cost with Electroverse for Business!

Let’s get plugged in…

The Hidden Costs of Running a Mixed Fleet

On paper, running a fleet is about fuel, servicing, insurance, and tax. In reality, hidden costs add up fast:

Admin overload: Managing separate invoices for fuel cards, EV charging apps, tolls, and expenses drains valuable time.
Fragmented data: Tracking spending across multiple platforms limits your ability to optimise costs and reduce waste.
Charging mark-ups: Some payment platforms apply mark-ups on EV charging tariffs—meaning your business could be paying 2–5% more per charge than necessary.
Missed sustainability opportunities: Without consolidated data on CO₂ emissions, businesses may fall short of environmental, social, and governance (ESG) targets or waste time compiling fragmented reports.

These costs aren’t always visible until they impact the bottom line!

Fleet Electrification: Challenges Along the Road

Businesses across sectors—from logistics and field services to sales teams—are investing in EVs as part of their long-term fleet strategies. However, the road to fleet electrification comes with hurdles:

Balancing ICE and EV vehicles

Many fleets are hybrid for now—operating both ICE and electric vehicles as they transition. But dual-fuel fleets bring complexity: separate workflows, inconsistent payment processes, and disconnected data systems.

EV charging network limitations

Some traditional fleet platforms restrict EV drivers to specific networks or charge premium fees on top of charging tariffs. Limited access can affect driver productivity and increase downtime, especially in rural areas.

Cost transparency

Fleet managers often lack real-time visibility into charging or fueling costs, making it harder to control spend or identify inefficiencies.

Admin headaches

Reconciling multiple invoices from different providers, apps, and services creates extra workload for fleet and finance teams.

What Does a Smarter Fleet Solution Look Like?

Forward-thinking businesses are looking for platforms that:

Integrate fuel and EV payments into one ecosystem
Eliminate hidden fees on charging and fueling
Offer access to extensive charging networks across the UK and internationally
Simplify invoicing and admin for both ICE and EVs
Provide carbon insights to meet evolving ESG and sustainability commitments

Electroverse for Business: Simplifying Fleet Management

Electroverse for Business was built to address these needs as your fleet evolves. We provide global EV charging access with transparent pricing—no charging mark-ups—and simple invoicing. How do we compare to other fleet management platforms? Take a look for yourself!:

A table detailing the cost saving of using electroverse for business versus other fleet card providers

Real-World Fleet Savings Example

For a fleet of 30 drivers:

With a typical charge card provider:

Replacement card fees: Up to £6 per card = £180
Transaction fees: Up to £3 per charge, averaging 20 charges per month = £21,600/year
Underused account fee: Let's assume just one account = £9.99/year
Monthly card fees: Up to £5 per card = £1,800/year

Total annual extras = approx. £23,590

With Electroverse for Business:

No hidden fees
Just £4.50 per driver/month = £1,620/year

Estimated annual savings = over £21,900!

Navigating Fleet Electrification with Confidence

For businesses in the process of transitioning to an EV fleet, a flexible, futureproof platform is crucial. The ability to seamlessly manage ICE and EV expenses, without admin overload or extra costs, helps smooth the shift to electrification.

With Electroverse for Business, fleet managers can:

Reduce unnecessary fees
Streamline workflows
Support drivers with extensive charging access
Prepare for a future where EVs dominate the fleet

FAQs: Fleet management, electrification & EV transition

What are the hidden costs of running a fleet?

Hidden costs include admin time managing multiple systems, mark-ups on EV charging, inefficiencies from fragmented data, and difficulties tracking emissions for ESG reporting. With Electroverse for Business what you see is what you get, no hidden charges or extras

What’s the biggest challenge in transitioning to an EV fleet?

Balancing ICE and EV operations during the transition is a major challenge. Fleet managers often face fragmented payment systems, limited charging network access, and multiple invoices to reconcile. With Electroverse for business you can do it all on one easy to manage platform!

How can businesses simplify fleet management during electrification?

A unified platform like Electroverse for Business that supports both ICE and EV payments, reduces admin, and removes hidden fees is key. It allows businesses to manage costs transparently while preparing for a fully electric fleet.

Why is charging mark-up a problem for fleets?

Charging mark-ups inflate the cost of each session, eroding potential savings from switching to EVs. Transparent pricing helps protect fleet margins. With Electroverse for Business you will always pay retail prices or less.

How do I start transitioning my fleet to electric?

Start with a phased approach: introduce EVs where possible, evaluate driver charging needs, and select partners that can support both ICE and EV operations under one roof.