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Compare EV’s directly with traditional fuel

Ogilvie True Cost is our bespoke whole life vehicle tool that now includes low and no emission vehicles

Budget cost of charging EVs with Ogilvie True Cost

The meteoric rise in the popularity of electric vehicles has left businesses wondering how they can factor in the cost of ‘fuelling’ their fleets.

Thanks to Ogilvie True Cost, we can now give you a realistic cost of charging in the same way, we would for a traditional combustion engine.

Whether the vehicles are charged at home, at the office or on the motorway, Ogilvie True Cost will help you make informed decisions about the cost of your fleet.

How do we work out the cost of fuelling electric vehicles?

Stage 1

The new calculation for electric vehicles starts by calculating key information such as electric range, battery capacity and the cost of electricity – currently around 33.75p per kW/h in the UK.

Stage 2

It then includes the critical costs associated with NIC and then applies the relevant corporation tax savings to actual and direct fleet costs before adding back in any applicable lease rental restriction.

Stage 3

This builds up an extensive picture of each company vehicle enabling companies to make the best possible decision for their business.


The Ogilvie True Cost Matrix also factors in other areas where business savings could be made with electric vehicles, such as NIC contributions and corporation tax

Get in touch!

Similar to a traditional fleet, there are lots of factors involved in costing your full or partially electric fleet. Our team of EV experts are on hand to offer impartial advice to you and your drivers.


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Ogilvie Fleet Limited is authorised and regulated by the Financial Conduct Authority under Firm Reference Number 308787, as a provider of fleet management, vehicle finance and leasing products to both commercial and personal customers. Should we provide a regulated product, it may be provided directly or, potentially, distributed through a panel of authorised brokers and/or introducers. If that is the case, we may pay a commission to said authorised brokers or introducers who pass new customers to us. This commission is usually a fixed fee, is not paid by the personal customer, and does not impact the amount the personal customer will pay.

Ogilvie Fleet Limited is a registered company in Scotland with company number SC067027, registered office Ogilvie House, 200 Glasgow Road, Stirling, FK7 8ES. VAT registration number 400 892 864.

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Ogilvie Fleet Limited is authorised and regulated by the Financial Conduct Authority under Firm Reference Number 308787, as a provider of fleet management, vehicle finance and leasing products to both commercial and personal customers. Should we provide a regulated product, it may be provided directly or, potentially, distributed through a panel of authorised brokers and/or introducers. If that is the case, we may pay a commission to said authorised brokers or introducers who pass new customers to us. This commission is usually a fixed fee, is not paid by the personal customer, and does not impact the amount the personal customer will pay.

Ogilvie Fleet Limited is a registered company in Scotland with company number SC067027, registered office Ogilvie House, 200 Glasgow Road, Stirling, FK7 8ES. VAT registration number 400 892 864.