Following the recent launch of the association’s Road to Zero Report Card, which examines where Demand, Supply and Infrastructure are on the transport decarbonisation journey. The BVRLA is focusing on a different element each week, with this week being the turn of Demand.
Thomas McLennan, Head of Policy and Public Affairs at the BVRLA looks at the UK’s appetite for Zero Emission Vehicles (ZEVs).
Thomas talks about a mixed picture, with rocketing improvements in business leasing demand but challenges in other sectors, especially rental:
“The results of the Report Card show that ZEV demand is on multiple trajectories, depending on whichever use case is under the spotlight.
“The low Benefit-in-Kind (BiK) tax rate for ZEVs continues to be a significant incentive in the company car and salary sacrifice markets and is the main driver behind ZEV uptake. Our Road to Zero Report shows that the success BiK unleashed in the company car segment is yet to be replicated elsewhere.”
Read the blog in full on the BVRLA website: How to unlock ZEV Demand.
Read/download the Road to Zero Report Card.
