Ørsted Becomes First Danish Company to Join EV100

by | Aug 15, 2019

This article is included in these additional categories:

Ørsted Becomes First Danish Company to Join EV100

(Photo: Ørsted plans to switch its entire car fleet to electric vehicles. Credit: Ørsted)

Renewable energy company Ørsted plans to switch its entire fleet of cars over to electric vehicles by 2025. In setting this goal, Ørsted has also become the first Danish member of the Climate Group’s EV100 global initiative.

Starting in 2021, Ørsted said the company would stop purchasing or leasing fossil-fuel vehicles. Currently the fleet consists of 340 utility vehicles and passenger cars. Of those, 22% are electric vehicles.

Besides transitioning to electric vehicles that include battery-powered and hybrid ones, the company also intends to upgrade the EV charging points and infrastructure at the largest offices. Collaboration with car-sharing companies that offer electric vehicles will also continue, according to Ørsted.

“Big technological advances are being made at the moment, making electric vehicles competitive,” said Jakob Askou Bøss, the head of strategy and communication at Ørsted.

By joining EV100, the company has committed to meeting the initiative’s requirements. EV100 applies to battery electric vehicles, hydrogen fuel cell vehicles, plug-in hybrids and extended range electric vehicles with a minimum of 30 miles or 50 kilometers.

An annual report the initiative published this year pointed out that battery pack costs have fallen by 85% since 2010. The report also predicts that the financial business case for EVs will become increasingly important in coming years. By 2024, the initiative says, EVs are expected to reach price parity with internal combustion engine vehicles.

Since EV100 launched in September 2017, the initiative has gained 52 companies as members.

“Ørsted is showing how large businesses can deliver the dream of truly clean transport — electric vehicles powered by renewable energy — in a matter of years, not decades,” said Luke Herbert, international communications director at the Climate Group.

Additional articles you will be interested in.

Stay Informed

Get E+E Leader Articles delivered via Newsletter right to your inbox!

This field is for validation purposes and should be left unchanged.
Share This