Electric Vehicles: Identifying Risks for Your Business
This article, developed from NIG Risk Assist, highlights the risks associated with electric vehicles (EVs) and provides practical advice for businesses. Share this with EV users in your organisation and use it as a basis for risk assessments.
Why EVs Are Growing in Popularity
Electric vehicles are becoming increasingly common, offering clear advantages over conventional petrol and diesel vehicles. Benefits include:
Lower fuel and running costs
Greater energy efficiency
Reduced carbon emissions
Improved Environmental, Social and Governance (ESG) credentials
With declining purchase costs, improved driving ranges, and an expanding range of models, many fleet, transport, and plant managers are considering EV adoption. This may involve installing charging stations on site — whether externally for motor vehicles, or indoors for e-bikes and electric scooters.
Before making the switch, however, it’s important to evaluate associated risks.
Associated Risks
While generally very safe, EVs bring specific risk factors that should be addressed through risk assessments.
EV Fires
Lithium-ion battery fires can occur if batteries are damaged. These fires are intense, difficult to extinguish, and may release toxic fumes and hazardous chemicals. Charging stations can also pose ignition risks, particularly if poorly maintained or obstructed.
Tip: Keep charging stations in good repair and the surrounding areas clear of debris.
On-Site Safety
EVs operate silently, posing risks to pedestrians in workplaces and car parks. Staff should be made aware of this hazard and encouraged to stay alert.
Charging e-Bikes and e-Scooters
Indoor charging can help prevent theft and protect against weather-related hazards, but it also introduces risks. Always check with your insurer before offering such facilities, as it may affect your cover.
Driver Training
Switching to EVs may require additional driver training. Unlike conventional vehicles, EVs deliver power instantly, even from a standstill, which can catch inexperienced drivers off guard. Training should cover:
Vehicle handling and acceleration
Safe charging practices
Journey planning based on battery range
Charging Points
There are two main types of chargers:
Fast/Rapid chargers – typically located at service stations, car parks, and shopping centres, capable of charging a battery from near empty to nearly full in around 30 minutes.
Slow chargers – often used at home, in workplaces, or at on-street locations, taking several hours for a full charge.
The UK currently has over 50,000 public charging points, one of the highest ratios globally. However, demand is rising rapidly, and rollout is struggling to keep pace.
Workplace charging facilities are particularly valuable for pool cars, company fleets, and grey fleet drivers. Until the public fast-charging network expands further, mid-journey recharging requires careful planning.
Journey Planning Considerations
When planning EV journeys, businesses and drivers should factor in:
Sufficient charge for the round trip, including delays and diversions
Compatibility of chargers with their vehicle
Whether an app or membership is required for access
Safety and convenience at charging locations (e.g. comfort breaks, security, lighting)
Correct use and storage of charging cables to prevent trip hazards
Making the Change
The UK aims to cut greenhouse gas emissions by 28% by 2035 and achieve Net Zero by 2050. Transport is the largest contributor to emissions, with cars accounting for 27%. The transition from petrol and diesel to EVs is therefore critical for meeting national targets — and for organisations wishing to demonstrate sustainability leadership.
With improved vehicle ranges and a growing network of charging stations, the case for EV adoption continues to strengthen.
