BVRLA fleet achieves green growth despite EV value challenges
- 12 October 2023
The BVRLA leasing fleet has returned to levels last seen in 2018, despite growing concerns over used electric vehicle values in a consistently volatile market.
The BVRLA leasing fleet has returned to levels last seen in 2018, despite growing concerns over used electric vehicle values in a consistently volatile market.
Toby Poston, director of corporate affairs BVRLA, contemplates what the next six and a half years holds for the automotive market.
The UK is behind schedule on its plans to phase out the sale of new ICE commercial vehicles, according to BVRLA members.
The BVRLA has revealed details of its upcoming Fleets in Charge Conference, which will give insights and tips on growing electric.
‘Early bird’ tickets are available for the BVRLA’s 2023 Fleets in Charge conference, which will address the top issues facing fleet decarbonisation.
Dangerous gaps have appeared in the fleet market’s road to zero, with some sectors accelerating towards the petrol and diesel phase-out and others stuck at a red signal.
Battery electric vehicles (BEVs) surged to take a 21% share of new business contract hire registrations in the third quarter of 2020, thanks to the Government’s 0% Benefit-in-Kind (BiK) tax incentives.
The fleet sector will be responsible for 75% of battery electric vehicles (BEVs) on UK roads by 2025 – underscoring just how vital the industry is to road transport decarbonisation.
Political and business leaders, including the head of the BVRLA, have joined forces to urge stringent government action on air pollution.
Government plans for ‘net zero’ emissions by 2050 will be derailed unless action is taken on electric vehicles.
Government plans to drive the UK electric vehicle market will “lose momentum” unless a fairer and well-signposted company car tax regime is adopted.
The British Vehicle Rental and Leasing Association (BVRLA) has pledged that its members will rapidly increase their plug-in vehicle take-up to support the UK’s Road to Zero Strategy – but has called for a