New Delhi, March 28 -- Amid ongoing global fuel price volatility driven by geopolitical tensions, new data from corporate mobility firm Routematic indicates that electric vehicle (EV) adoption in employee transportation fleets can significantly reduce fuel consumption and operating costs.

According to the company, its deployment of over 400 electric vehicles across Bengaluru and Pune has resulted in savings of approximately 65,400 litres of fuel every 15 days. At current fuel prices of around Rs 100 per litre, this translates to nearly Rs 65 lakh in cost savings over the same period.

On an annual basis, Routematic estimates that its existing EV fleet could help avoid the consumption of over 15.7 lakh litres of fuel, leading to projected...