While battery electric vehicle (BEV) registration volumes were at their highest ever recorded levels, market share fell by one percentage point from the same month last year, down to 15.2%.
Bi-annual research, which surveys 100 UK fleet managers operating more than 100 vehicles, reveals they expect to have purely electric fleets within an average of four years, down from seven
Plug-in hybrid uptake also rose significantly, by 70.0%, to account for 7.7% of new registrations. Hybrid volumes remained relatively stable with a 6.8% increase, comprising 10.0% of the market. However,
Overall, the BEV market share remained almost the same as last year at 16.2% and, with plug-in hybrid (PHEV) registrations growing by 11.8%, plug-in registrations comprised 22.4% of the market
Battery electric vehicle (BEV) registrations increased by 23.4% to 19,933 and plug-in hybrids (PHEVs) by 6.2% to 8,899. However, BEV uptake grew by less than the overall market for the
Government plans will see up to 145,000 charging points installed across the country each year with new-build supermarkets, workplaces and buildings undergoing major renovations also coming under the new law.
Zero Emission Vehicle (ZEV) mandate takes effect from 2024 and the Government will publish a consultation early next year along with CO2 emissions regulation to ensure standards in fleets are
E.ON’s company car provision went all electric in 2019, and the salary sacrifice scheme now enables non-company car drivers to access an EV too. E.ON and Lex Autolease worked together
The downsides for business were few, such as the increase in Corporation Tax, and there were welcome new measures to encourage apprenticeships as well as an extension to the business
Telford-based company has become a preferred provider to the vehicle leasing company and will potentially be supporting 130 companies to use Continuum, an innovative online driver management solution.
Fleet industry will take real confidence from the confirmation of benefit-in-kind (BiK) tax rates and the further announcement they will be frozen at 2022/23 levels for an additional two years.
Government announces a freeze on company car tax for fleet cars and the introduction of a zero Benefit-in-Kind rate for fully electric vehicles as part of its WLTP review.
Increased consumer take-up of EVs remains a challenge. The latest SMMT figures show a drop in EV registrations with the supply of vehicles and a lack of clarity on tax
Lex Autolease predicts that once the funds have been fully allocated, there will be an overall increase of at least 8% in the number of pure EVs on the UK’s
Employees in increasing numbers are said to be opting to take cash in lieu of a company car amid year-on-year rises in benefit-in-kind taxation.
No news company car taxes post WLTP, instead, a written statement from the treasury said a government response will come in the coming months.
LEX Autolease says its Fleet Benchmarking service has saved its customers over £1.5m since launching the service in February this year. The service is available to the leasing company’s customers
October 2018 van registrations were helped by a boost in heavy vans – but the Ford Transit Custom headed the sales charts
October 2018 new car sales continued to fall away reports the SMMT, although Alternative Fuel Vehicles did well, showing a 31% increase year on year
The September 2018 van market contracted said the Society of Motor Manufacturers and Traders (SMMT). Just under 54,000 new LCVs were registered
Business Motoring is the motoring resource for small businesses and SME small fleets running company cars and business cars. We can help with questions about car leasing, company car tax, business mileage, writing down and leasing allowances, and all the other detail you need to know about running a car on the business. As well as this, we have the latest car news, company car taxation news and car reviews to help you make the right choice for your next company car, along with special car leasing offers to help you get the right business car leasing deal.
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