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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.
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