Today’s budget from the Chancellor demonstrates the challenging economic climate facing the nation, but contained some green shoots around road transport decarbonisation, according to the BVRLA.
Private motorists are beginning to catch up to business users when it comes to EV adoption, as personal lease agreements (PCH: personal contract hire) tracked in line with ZEV mandate targets last quarter. Battery Electric Vehicles accounted for 21% of new PCH additions to the BVRLA’s leasing fleet in Q2 2024, although the association is warning that the uplift risks being short-lived if the used EV market is not stabilised.
The BVRLA has announced that Toby Poston will be its next Chief Executive, taking up the role on 1 January 2025 after Gerry Keaney retires at the end of the year.
The Government must act now to avoid further volatility in used electric vehicle (EV) values, which is damaging confidence in the transition and making new EVs more expensive.
A 2030 Phase Out target for banning new ICE van sales is unachievable, while the same target for cars is a major risk unless the Government matches its ambitious targets with additional support measures.
The BVRLA’s Leasing Broker Conference is returning to Birmingham this October, bringing more brokers under one roof than ever before. Supported by headline sponsor, QV Systems, the annual conference will again present a blend of unrivalled networking opportunities alongside an agenda of leading speakers and sector experts.
The coalition behind the Zero Emission Van Plan has written to the new Secretary of State for Transport to urge her to take action to get electric van usage on track.
The varied trajectories seen in electric vehicle adoption continue to go in opposite directions, creating concerns about the long-term success of the drive to decarbonise. That is according to the latest Leasing Outlook report from the BVRLA, which shows a growing divide between company-provided cars and private motorists when it comes to EV demand.
The potholes in the Road to Zero are beginning to curtail the UK’s journey to zero-emission road transport. While certain sectors remain unable to accelerate adoption, those bearing the weight of the transition up to now are creaking under the strain. The assessment comes out of the BVRLA’s annual Road to Zero Report, which explores decarbonisation progress across vehicle supply, demand and infrastructure.