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Operators considering investing in electric vehicles should exercise caution and consider their long-term financial impact as well as their environmental benefits, according to George Alexander, commercial vehicles editor at EurotaxGlass's. He advises that electric vehicles (and other alternatives, such as gas and hybrids) should be leased over an extended period to get the full value out of the technology.

However, for the vehicles to succeed long-term, they need to be seen as a viable  option, not just as a new purchase, but also on the secondhand market, therefore maintaining strong residual values. That means alternative-powered vehicles need to be managed correctly throughout their life, to boost their resale value.

"As well as operators making sure a viable infrastructure is in place for smooth running, manufacturers also need to manage the vehicles, not just at sale, but five, six, even eight years down the line, ensuring that they remain attractive," says Alexander. "So far we haven't heard any good stories about second-hand examples."

He adds: "These vehicles aren't for everyone. Those who do take them on should have appropriate facilities in place and know how to run them effectively, otherwise they will not succeed long-term."

Although demand for electric vehicles has taken off in the past few years, actual sales numbers are hard to quantify.

Robin Dickeson, manager of commercial affairs at the SMMT, says: "Companies such as Smith Electric convert existing vehicles, such as Ford's Transit, which are already pre-registered by dealerships to bolster sales figures. Furthermore, many electric vehicles operate away from public roads in areas such as airports, so it's hard to get an exact figure."

Dickeson estimates that around 1,000 electric vehicles will be sold this year, increasing by 15% in 2009.