47% surge in UK's electric car salary sacrifice schemes, business contract hire up 7.1%, personal contract hire down 7.1%; BVRLA report calls for gov't intervention to close EV demand gap.
BVRLA's Leasing Outlook report reveals a 47% surge in UK's salary sacrifice car schemes delivering fully electric vehicles year-on-year, while business contract hire increased by 7.1%. In contrast, personal contract hire declined by 7.1%. The report highlights the need for government intervention to address the gap between business and private EV demand, suggesting measures such as harmonized VAT, toll exemptions, and discounted parking charges.
April 10, 2024
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