Increase in EV rentals for models with ‘healthy range and price’
A growing number of fully electric cars are being onboarded by the corporate rental sector as the new crop of EVs provides the right blend of price and range for fleets.
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The sentiment is becoming very positive towards EVs for corporate rentals if the range and price are right
Flexible fleet solutions firm Liquid Fleet said it’s delivered over 100 EVs on 12-month plus corporate rentals in the first six weeks of 2025. All have them have a range of over 250 miles, which is considered as sufficient to accommodate a driver’s daily mileage on a single charge.
Value too is also important, with companies looking to onboard EVs that are on price parity or that are cheaper than equivalent ICE cars.
Liquid Fleet’s latest batch of Kia EV3s boast a range of up to 375 miles and are priced at between £350-£400 per month plus VAT, which sits in that current ‘sweet spot’ for companies looking to reduce their fleet emissions.
“We are supplying a diverse range of customers with EVs, from those that are providing cars for new employees, to subscription companies and pool car fleets,” explained Martin Potter, Liquid Fleet’s commercial director.
“The sentiment is becoming very positive towards EVs if the range and price are right, which is where new cars like the Kia EV3. This has helped shape our buying policy and the brands we work with as we cater for customers who want to get their drivers into an EV, some for the first time,” said Potter.
Liquid Fleet continues to onboard EVs onto its 2,000-strong rental fleet and, like many suppliers, is being asked to take zero-emission cars from OEMs alongside petrol and hybrids.
“The market is still very sensitive, and we will work with the OEMs that provide longer-range EVs at the right price as we know they are in demand.
“Longer-term rental has a part to play in helping OEMs achieve their future ZEV mandate targets whilst helping educate companies and drivers about EVs,” said Potter.