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Alphabet plugs into electric and hybrid vehicle market

Alphabet electric and PHEV market
Nearly 9% of all electrified cars registered are supplied by Alphabet

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24 October 2017

ALPHABET has delivered nearly 9%  of the UK’s total number of grant-eligible electric and plug-in hybrid (PHEV) vehicles.

These are vehicles registered for private or business usage up to the end of September 2017 (actual figure 8.9%).

SMMT figures earlier this month revealed that of the 26,443 cars and commercial vehicles delivered in the UK to date which are eligible for the Office of Low Emission Vehicles (OLEV) grant, 2,357 were funded by or leased through Alphabet.

At the end of September, Alphabet’s portfolio of Ultra Low Emission Vehicles (ULEVs) also exceeded 9,000 for the first time.

Earlier this year Alphabet also launched its ‘Electrification Potential Analysis’ (EPA) tool to help fleet decision makers understand which specific vehicles and journeys could be undertaken more cost effectively and sustainably by electric or hybrid vehicles.

Simon Carr, chief commercial officer at Alphabet, commented:

“These figures demonstrate Alphabet’s long-standing commitment to help customers switch on to the financial and environmental benefits of low emission vehicles as part of their mobility solutions.

“The statistics also provide tangible proof ahead of November’s eagerly-awaited Budget of the hugely important role that the company car and business users play in helping to support the UK’s transition to electric and hybrid transport. Business users and Corporates have been absolutely in the vanguard of the take-up of electric and hybrid cars over the past few years, far outstripping demand from retail and private buyers.

“We’re clear that while electric and hybrid powertrains may not be appropriate for every business user or journey, our role is to support organisations in adapting to the change and help future-proof their policies, identify and select what is right for both the driver and employer, as well as put in place the infrastructure required for electric and hybrid vehicles to succeed.”

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