The new UK Government has been sent a ‘clear message’ to continue incentives that have helped to drive fleet EV adoption by the latest registration figures, according to the BVRLA.
The rental and leasing industry body’s director of corporate affairs, Toby Poston, made the comments following the publication of July new car market sales data by the Society of Motor Manufacturers and Traders. This data showed that fleets were continuing to drive the new car market, and also accounted for more than 80% of new EV registrations during the month.
Poston said: “Fleet registrations, led by the huge popularity of salary sacrifice car schemes, continue to drive the uptake of EVs.
“This sends a clear message to the new government. It needs to maintain access to these employee benefits and prolong current BIK tax incentives in the upcoming 30 October Budget if it wants to have any chance of meeting its ZEV mandate and phase out targets.
“Policymakers [also] need to take this playbook and apply it to the electric van and private EV markets, where a lack of adequate incentives and shortage of cost-competitive product continues to stifle demand.”
