The context

The number of company cars in Belgium is one of the highest in the world, namely 22% of Belgian vehicles (in 2022). The Belgian government decided to make non-electric/fossils cars non-deductible starting in 2026. Therefore, in this fast-evolving environment with raising awareness in sustainability, companies have to think about switching their car fleet to electric vehicles. Unfortunately, Belgium’s infrastructure isn’t optimized for it yet. As a major player in the international energy sector, TotalEnergies has a strong position for developing e-mobility. Therefore, the challenge as described below is very relevant to them.

The challenge

The challenge is the following: “How to accelerate energy transition by facilitating company car fleets switch from fossil to electric vehicles?”.

Companies aren’t especially against changing their fossil fleet into electric. However, it is harder to convince the end users. Indeed, as mentioned before, the infrastructure isn’t adapted to a rise in the number of electric vehicles. Indeed, we may face some limitations such as:

• Not enough charging stations if 22% of Belgian cars were to be electric;
• Moreover, not everyone can have a charging station at home (no private parking, apartments, renters, etc.);
• It takes between 30 and 50 minutes for the car's battery to be charged; Worries about the range of the cars, especially if the driver has to go on vacation;
• Etc.

Eventually, TotalEnergies is actively looking to propose a complete offer targeting both companies and end users while benefiting from their competitive advantage on the gas station market.
 

The key takeaways