21% of new personal leases in Q2 2024 are BEVs, approaching ZEV targets, with a 3% growth in BVRLA's leasing fleet.
Leasing is crucial for electric vehicle (EV) adoption, with battery electric vehicles (BEVs) making up 21% of new personal leases in Q2 2024, nearing Zero Emission Vehicle (ZEV) targets. The British Vehicle Rental and Leasing Association (BVRLA) reports a 3% growth in their leasing fleet, mainly in cars, while van demand is stagnant. However, the used EV market's instability poses risks for future growth, particularly for private buyers lacking incentives.
October 10, 2024
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