The growing costs and confusion of meeting future emissions standards is turning fleets against diesel-engined vehicles.
Top-10 BC50 company GE Capital claimed there is an intensifying mood against oil-burners and their effect on air quality.
GE Capital also said petrol engines are now competing with diesels on emissions while returning comparable fuel consumption figures.
“The historic popularity of diesel has been driven by very relevant factors such as its petrol-beating CO2 performance, excellent fuel consumption and strong driving characteristics,” said Gary Killeen, managing director of GE Capital.
“Developing diesels capable of meeting each successive new EU emissions standard is becoming more expensive, difficult and time consuming. Our estimates are that within another decade, we will be seeing a much wider range of drivetrain technology on fleets. Diesel will continue to be very popular but will no longer be the automatic choice,” said Killeen.