Battery electric has overtaken petrol to become the most popular fuel type on the BVRLA’s leasing fleet, according to the association’s latest Leasing Outlook report, accounting for 32% of new orders.
BVRLA chief executive Gerry Keaney announced the news as part of the recent Fleets in Charge Conference, saying: “Battery electric vehicles are dominating the order banks for company and salary sacrifice cars. This sector could hit the Phase-out target with years to spare. New electric car registrations have now overtaken petrol.
“Momentum for electric cars is building but will only continue if the Government resists the urge to pull the handbrake by introducing a major hike in benefit-in-kind tax.”
With the direction of travel towards zero-emission vehicles well established, the BVRLA has forecast that the number of BEVs on the BVRLA leasing fleet will rise a further 40% in the next 12 months.
Addressing delegates at the conference, Transport Minister Trudy Harrison said: “The BVRLA and its members are leading this vital transition. Ten years ago, EVs were probably seen as a bit eccentric or a luxury that only a few could afford. I’m delighted that we’re turning that narrative on its head, in no small thanks to the actions of so many in this room.
“Zero emission vehicles are now more affordable, more popular, more important than ever and our best bet to a greener and low emission future.”
View or download the report from the BVRLA website
