EV demand among private motorists lags behind corporate in BVRLA's Leasing Outlook report, raising concerns for long-term decarbonisation efforts.
The BVRLA's Leasing Outlook report reveals that demand for electric cars (EVs) among private motorists lags behind corporate demand, raising concerns for long-term decarbonisation efforts. Business contract hire (BCH) of EVs increased significantly, with 41% of all new BCH cars being battery electric, but personal demand is lagging. The increasing weight of electric vehicles (EVs) in the leasing fleet highlights the need to maintain demand for EVs in the used market to avoid residual value issues.
July 18, 2024
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