The difference in running costs mainly comes from the lower cost of smart charging compared with refuelling petrol and diesel vehicles, plus reduced maintenance costs.
Ford Pro commissioned the analysis from the Centre for Economics and Business Research (CEBR), based on a survey of 1,000 businesses in Europe. The report highlights that the technological shift towards electrification could potentially be beneficial for small- and medium-businesses in terms of net costs.
Hans Schep, general manager, Ford Pro, Europe, said: "The European economy is built on small businesses and their adoption of electric vans is a critical next step to electrifying Europe’s roads. Some small businesses have already made a successful start to that journey and Ford Pro is ensuring that we have the electric vans and services to support them."