Motability has a financial responsibility to their shareholders & backers not to lose money.
However, I compare how much a standard petrol auto model costs with how much the closest EV equivalent costs, & then factor in that I would probably spend £2100 more in petrol/diesel over the course of my 3 year lease than I would with the EV.
The Peugeot 2008 1.2 EAT8 auto Allure at £799 compares to the Peugeot e-2008 Allure at £1999, & would likely cost a little less over the lease (possibly as much as £900) but would involve some extra hassle. To me that’s not unreasonable, but as soon as that balance changes it can soon make much more sense to favour one over the other. Remove the £3500 government EV grant & the EVs all fall off the scheme anyway.
Motability may need to take a closer look into EV APs as with current trends these EVs will have depreciated very little over 3 years as we are seeing massive demand for secondhand EVs & with the 2035 phasing out of fossil cars it’s likely that secondhand EVs will command a high value.
Saying that, certain EV models won’t do as well as others in this game, those without active cooling of the battery pack will see the batteries deteriorate faster (Nissan Leaf is a culprit here) wheras the cars with the best battery management will see very little battery deterioration over 10 or more years. There is a lot for Motability to learn about EVs, & I think that’s the same for most of us.