Kings Group claims largest privately funded commercial EV fleet in Australia

Leading Australian logistics and transport business Kings Group says it is now operating the country’s largest privately funded commercial EV fleet.

Kings says it is currently operating a fleet of twelve electric vehicles, with a further three EVs to be deployed over the coming weeks.

CarBon, one of Australia’s foremost EV leasing, subscription, and rental companies, has helped build out Kings Group’s EV fleet since the two companies partnered in January.

It began operating five Foton T5 electric trucks and two Skywell EC11 E-Cargo Vans. It has since added a further seven new electric vans and trucks from Foton, LDV, and Hyundai.

The electric fleet has been built out through a partnership with CarBon, an EV leasing, subscription, and rental company.

“The Foton T5 truck and the EC11 E-Cargo Van were game changers for the light duty delivery market and Kings can now boast one of the biggest last mile EV fleets in Australia,” said Scott Gillespie, founder and CEO of CarBon.

According to Gillespire, there has been a significant increase in the number of commercial transport operators aiming to decarbonise their fleets in Australia in 2023.

“Organisations across the board are facing increasing pressure to transition their fleets to meet ESG [(environmental, social, and governance)]targets,” he said.

“EVs can also insulate against regulatory dynamics, improve brand equity, and importantly, they’re projected to reach total cost of ownership parity across multiple use cases in the next decade.”

He said the transport sector makes up 19% of emissions and will be crucial to helping Australia reach its 2030 emissions targets.