Electrical van leasing enquiries elevated by 36% final yr, in response to Leasing.com. This surge was pushed by falling prices, authorities incentives, and sustainability objectives.
By the top of 2025, EVs are anticipated to exceed 35% of the leasing market as a consequence of strict emissions targets and a rise within the variety of fashions out there.
Mike Fazal, CEO at Leasing.com, stated: “Extending the Plug-in Van Grant is a constructive step for companies seeking to electrify their fleets.
“By lowering upfront costs, it makes electric vans more accessible, particularly for SMEs in logistics, delivery, and trade sectors where margins are tight and cost certainty is crucial.”
The Ford Ranger is essentially the most leased van within the UK regardless of its share dropping to 18%.
Total, at model degree, Ford leads the Leasing.com information regardless of its share dropping from 56% (2023) to 25%. Toyota (9%) and Ford skilled the sharpest declines.
Volkswagen and Renault noticed the largest retrospective YoY development, with VW securing 20% of all leasing enquiries and Renault rising to eight%.
A shift in the direction of EV leasing within the UK was mirrored within the reputation of fashions such because the Renault Kangoo (7%) and the BYD ETP3 (4%).
Month-to-month enterprise van lease funds fell 15%, whereas private leases fell 12%. Demand for fast automobile availability has elevated, with 59% of enquirers selecting in-stock vans over manufacturing facility orders, up from 37% final yr.