Diegem, 2 May 2026 – Now electric vehicles dominate company fleets in Belgium, the corporate company car model is being impacted by increasing fleet costs, reduced tax deductibility and complex administrative regulations. In its latest mobility survey, PwC Belgium spoke to fleet managers representing more than 38,000 employees. Rising fleet costs remains a pressing concern for fleet managers, pushing companies to reassess their car and mobility policies and shift towards more full electric vehicles and the offering of the federal mobility budget.
For the third year in a row, PwC Belgium published its Mobility Report, based on in-depth interviews with fleet managers of 23 companies throughout Belgium, representing approximately 38,500 employees and 14,400 company cars. The report offers a nuanced view on car and mobility policies and general emerging trends. With the new measures taken by the Belgian federal government being gradually implemented, fleet managers are coping with regulatory changes, rising costs and complex maintenance needs while maintaining employee satisfaction. \u200b
Bart Van den Bussche, Partner and Reward lead, PwC Belgium: “An attractive mobility package remains essential to offer a compelling total reward package to employees - particularly with the war for talent still raging. As organisations navigate rising fleet costs, evolving legislation and an increasingly competitive labour market, the need for innovative and adaptable mobility strategies has never been more pressing. ”
Electric vehicles now dominate company fleets in Belgium
The car remains central to commuting: roughly two-thirds of journeys in Belgium are still made by car, and company vehicles remain ubiquitous. By the end of the first quarter of 2025 the fleet of company cars had surpassed 627,000. For the first time in years their number appears to be stabilising. \u200b
The adoption of electric vehicles continues to grow strongly: 74% of respondents now have a fully electric policy for new orders (+6%), and electric vehicles make up 61% of current fleets. Hybrid vehicles, by contrast, appear to have little future, especially as they are no longer tax deductible for corporate income tax purposes when acquired as from 1 January 2026. In addition, a further decline across all other engine types is notable, with the number of diesel and gasoline vehicles now virtually non-existent. \u200b
Although electrification appears to be gaining ground across all types of companies, PwC still observes a difference between companies of varying sizes. The average percentage of electric vehicles in companies with more than 1,000 employees stands at 65%, whereas in companies with 600 employees or fewer, this figure is a mere 43%. In this category of companies, plug-in hybrids still make up the majority of the fleet.
Rising fleet costs
More than 50% of respondents have recently noticed an increase in the expenses associated with their vehicle fleets. This rise is mainly attributed to three factors: higher lease prices for electric vehicles (EVs), which are often influenced by their lower residual values; increasing costs for electric charging; and greater maintenance expenditures. Looking ahead, the advantage for EVs will erode as the tax deductibility is set to decrease from 2027 onwards.
With over half of respondents reporting these elevated costs, companies are responding by being more selective with benefits such as home charging stations. \u200b Instead, these stations are made available through a flexible income plan, allowing employees with sufficient budget to obtain a home charging station provided by the employer. This approach, which avoids offering the benefit by default, can result in substantial savings. \u200b
Other ways to reduce costs are extending vehicle lease periods from four to five years, separating insurance from lease contracts and seeking independent brokers, as well as reconsidering the brands and models of cars offered and removing certain options from their packages. When offering other brands or models of cars, respondents report that employees seem to stay focused on traditional European manufacturers, showing little appetite for Chinese models. \u200b
The federal mobility budget is rapidly gaining ground and becoming a key tool in the war for talent
With 55% of companies surveyed already offering the federal mobility budget (+15%), and another 32% in the process of implementing it, the report shows that the scheme has become an important part of employer attractiveness and employee benefits.
PwC noted companies are specifically adjusting their homeworking policies to fit the federal mobility budget constraints, allowing employees to opt for the reimbursement of housing costs. No social security contributions nor income tax are due on those amounts. The ability to realign policies in this way represents a significant competitive advantage for some companies. Among companies that have already implemented the federal mobility budget, we also see a recurring theme: it remains an administrative burden that demands significant time and resources.
Bart Van den Bussche, Partner and Reward Lead PwC Belgium, explains: “To make the Federal Mobility Budget even more accessible, it would be desirable to reconsider the housing cost reimbursements. Additionally, maintaining 100% tax deductibility for electric vehicles for a longer period would ensure affordability and support a sustainable transition in company fleets. Overall it's essential to have more clarity, so companies are able to adjust in time."
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