Orders for electric vehicles overtake ICE cars

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  • #159179 Reply
    Brydo

    Orders for diesel and petrol cars at Zenith in June were surpassed by those for battery electric vehicles (BEVs) for the first time.

    The top 10 FN50 leasing and fleet management company says that pure electric vehicles (EVs) accounted for more than half (54%) of orders in June, compared to almost a third (32%) in the same month last year.

    Over the past 12 months, Zenith reports that 41% of orders were for BEVs.

    Demand for electric vans also increased in June to account for 69% of van orders compared to 1% in June 2020. Over the past 12 months, demand for fully electric vans has built to account for almost one in three van orders.

    Ian Hughes, CEO, car and van division at Zenith, says orders had increased as the wider economy reopens. “In June, year-on-year total car orders almost doubled and, we have seen an almost nine-fold increase in total van orders as customers invest in fleet and fast-track their journey to net zero through the adoption of new technologies,” he added.

    “Company car and salary sacrifice car scheme drivers continue to be attracted to the significant benefit-in-kind tax savings that can be made when choosing an EV, the ever-growing choice in vehicles and confidence in the charging infrastructure.”

    Zenith says that salary sacrifice is helping company car drivers to transition to BEVs. In one scheme, 85% of orders have been for BEVs, with the remaining 15% for plug-in hybrid electric vehicles.

    SAL SAC HELPS NEGATE GREY FLEET
    Fleet Evolution reports that, with more employees buying used cars to avoid public transport on the commute, salary sacrifice could help alleviate a potential growing grey fleet issue.

    Andrew Leech, managing director at Fleet Evolution which was one of the early introducers of EV salary sacrifice schemes, says that salary sacrifice car scheme offers employees a number of benefits.

    Typically, all maintenance, road tax, business insurance and breakdown cover costs are included within the monthly cost, which is deducted from the employee’s gross salary. This creates savings in income tax and National Insurance Contributions which can be significant.

    While benefit-in-kind (BIK) tax is payable on the car provided, if employees select EVs with zero emissions they benefit from a tax rate of just 1% in the current tax year.

    Employers, as a result, see monthly savings in NIC and VAT, as well providing employees with clean, fully maintained vehicles which helps manage their grey fleet risk.

    Leech continued: “We are currently seeing that 97% of our forward orders through our salary sacrifice car schemes are battery electric or plug-in electric hybrids.

    “Customers are realising the benefits of offering employees, who would not normally qualify under the company car scheme, access to low cost, low emission EVs.

    “Our figures show that an electric car which travels 10,000 miles a year has transport costs of under £20 per month. And to show how cost effective EVs can be, a customer at automotive components manufacturer, Unipres, was able to travel 31,000 miles at just £320 per annum in electricity charges, which is a huge saving over conventional motoring costs.”

    He added: “For employees who may be feeling under financial pressure, and who also may not want to risk public transport when they return to work, a salary sacrifice electric car scheme could be the prefect answer.”

Viewing 4 replies - 1 through 4 (of 4 total)
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  • #159284 Reply
    gothitjulie
    Participant

    And with the way deliveries of food to supermarkets & fuel to fuel stations are going with the pinging epidemic, then EVs will become more popular…. just hope we don’t get a power cut.

     

    #159444 Reply
    Stuart
    Participant

    I see Shell are entering the consumer market direct selling gas and electricity, they are also entering the home broadband & mobile phone provider market. Apparently this is to cushion the blow when petrol and diesel consumption drops.

    ----------------------------
    KIA Soul EV First Edition
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    Scale modeller in my spare time
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    #159455 Reply
    Brydo
    Participant

    Was always going to happen Stuart, they need to shift from big oil to other profitable business models.

    The only person who got all his work done by Friday was Robinson Crusoe.
    Anything i post over three lines long please assume it is an article lol.

    #159465 Reply
    Ian

    I am thinking of replacing my electric car with a petrol car and have some questions.

    1. I have heard that petrol cars can not refuel at home while you sleep? How often do you have to refill elsewhere? Is this several times a year? Will there be a solution for refueling at home?
    2. Which parts will I need service on and how often? The car salesman mentioned a box with gears in it. What is this and will I receive a warning with an indicator when I need to change gear?
    3. Can I accelerate and brake with one pedal as I do today with my electric car?
    4. Do I get fuel back when I slow down or drive downhill? I assume so, but need to ask to be sure.
    5. The car I test drove seemed to have a delay from the time I pressed the accelerator pedal until it began to accelerate. Is that normal in petrol cars?
    6. We currently pay about 1.2p per mile to drive our electric car. I have heard that petrol can cost up to 10 times as much so I reckon we will lose some money in the beginning. We drive about 20,000 miles a year. Let’s hope more people will start using petrol so prices go down.
    7. Is it true that petrol is flammable? Should I empty the tank and store the petrol somewhere else while the car is in the garage?
    8. Is there an automatic system to prevent gasoline from catching fire or exploding in an accident. What does this cost?
    9. I understand that the main ingredient in petrol is oil. Is it true that the extraction and refining of oil causes environmental problems as well as conflicts and major wars that over the last 100 years have cost millions of lives? Is there a solution to these problems?
    10. I have heard that cars with internal combustion based engines are being banned to enter more and more cities around the world, as it is claimed that they tend to harm the environment and health of their citizens?? Is that true??
    I may have more questions later, but these are the most important ones to me at the moment. Thank you in advance for your reply.

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