Electric vehicles: Easy at-home charging for commercial EVs

Electric vehicles (EVs) are changing the transportation industry. According to a recent Bloomberg report, global EV sales are projected to reach 23.3 million units in 2026. This represents an 11% increase from 2025, and accounts for close to 29% of all new car sales worldwide. 

As more businesses switch from all internal combustion engine (ICE) commercial vehicles to a mix of electric and ICE vehicles, the need for convenient and efficient charging solutions has grown. This trend toward building mixed-energy fleets reflects a move towards environmental sustainability and also reflects TCO trends, battery technological advancements, and reduction in the price of EVs. However, the rise in EV adoption can also bring some challenges for businesses, especially when it comes to charging company electric vehicles at home.

Challenges in commercial EV adoption

One major challenge for companies with employees who charge EVs at home is managing the reimbursement and reporting process. Traditional reimbursement methods often require employees to submit detailed reports and invoices to claim expenses, which may lead to inconsistencies and errors. The lack of integrated reporting tools makes it challenging for companies to monitor and analyze EV-related expenses across their workforce.

For employees: The manual process of tracking and submitting charging expenses can be time-consuming and error-prone. The administrative burden not only affects productivity but also may lead to delayed reimbursements and discrepancies.

For employers: The lack of visibility into home charging costs makes it difficult to manage budgets and ensure consistent reimbursement policies.

WEX EV At-Home: A simple charging solution

WEX understands the challenges associated with at-home EV charging and has developed a solution to simplify the process. 

WEX EV At-Home allows business owners or fleet managers to reimburse employees directly through the business’s fleet credit line, using a mobile app for near real-time payments based on actual charging costs. This system provides you with detailed charging metrics. Employees can charge their work vehicles overnight, and fleet managers receive insights into charging behavior, and other essential fleet management data, all while taking advantage of lower residential electricity rates 

5 ways WEX EV At-Home solves common at-home charging concerns

#1 Unified payment system

Employees can charge their EVs at home using the EV DriverDash app, are reimbursed through the business’s fleet credit line, and receive funds via the WEX PayControl app, re

#2 Integrated reporting

With WEX EV At-Home, home charging sessions are included on a set of reports that also include public charging, fueling, and other fleet-related transactions. This insight into at–home charging helps ensure better budget management and expense tracking. Companies can easily analyze their EV charging expenses, identify trends, and make informed decisions about their commercial vehicle fleet management strategies.

#3 Simplified invoicing

Using WEX EV At-Home allows businesses to receive one consolidated invoice for all transactions on the WEX fleet credit line – home and public charging as well as fueling and other fleet-related expenses. 

#4 Convenience

WEX EV At-Home eliminates the need for employees to submit expense reports for home charging, saving time and reducing the administrative burden. Employees can focus on their work without worrying about the complexities of managing charging expenses. The convenience of automatic payments and integrated reporting enhances productivity and can help improve job satisfaction.

#5 Data-driven insights

The data from WEX EV At-Home helps inform strategic decisions about fleet management, charging best practices, and sustainability initiatives. The ability to analyze charging data allows companies to gain deeper understanding into their costs and enhance their overall environmental impact.

Consider the bigger picture in adopting EVs

The benefits of WEX EV At-Home go beyond convenience and cost savings. By simplifying home charging, the solution supports broader sustainability and cost reduction efforts. Companies adopting EV solutions can demonstrate their commitment to reducing carbon emissions all while saving money for the business.

Adopting EV solutions may also help attract and retain top talent. As more employees prioritize sustainability in their personal and professional lives, offering convenient EV charging solutions can be a key differentiator in a competitive job market.

Employees who feel supported in their efforts to adopt greener practices are likely to be more engaged and satisfied with their employer. In fact, according to a Deloitte survey, 69% of employees surveyed want their companies to invest in sustainability initiatives, such as renewable energy, waste reduction, and lowering carbon emissions.

Explore WEX’s comprehensive EV solutions

Along with EV At-Home, WEX offers other innovative solutions to meet your EV business needs: 

1. En-Route EV Payments: On-the-go public charging for your drivers. Access to 175,000+ public chargers across almost 20 different networks in one physical card (which can be combined with a regular fuel card with acceptance at 95% of gas stations), along with an app for finding and activating chargers.
2. Streamlined Take-Home Charging Reimbursements: Automating At-Home EV charging reimbursements that get issued within days, simplifying the driver experience while allowing fleets to tap into low residential charging rates.
3. Centralized Reporting for Private Chargers: Streamlined energy management for your fleet’s private facilities. Track and manage site charging using the same WEX RFID card or DriverDash app drivers use on the road, allowing you to route drivers to preferred private chargers, monitor energy usage by vehicle, and consolidate all public, depot, and traditional fuel expenses onto a single invoice.
4. Data-Driven Electrification Analytics: Predictive fleet software powered by Sawatch Labs to assess, plan, and optimize your transition. Analyze real-world driving data to evaluate vehicle EV suitability, project facility charging loads and peak energy demand, and measure emissions reduction.

To learn more about EV solutions and mixed fleets, visit:

• EV opportunities for fleet managers
• How to best incorporate EVs into your fleet
• EVs and AI

To learn more about WEX, a dynamic and nimble global organization, please visit our About WEX page.

To learn more about WEX’s EV offerings visit our EV page.

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Sources:
International Energy Agency (IEA)
American Automobile Association (AAA)
Internal Revenue Service (IRS)
Deloitte