Daily Archives: March 10, 2020

2020 Renault Zoe (Image: Renault)

Renault Zoe electric car sales surge, becoming one of the brand’s best-selling cars

Renault’s bet on the Zoe electric car is starting to pay off. Sales surged to almost 10,000 units in Europe last month and the vehicle is becoming one of the brand’s best-selling cars.

Despite being only sold in Europe, the Renault Zoe is one of the best-selling electric cars in the world.

2020 Renault Zoe (Image: Renault)
2020 Renault Zoe (Image: Renault)

Total deliveries have now surpassed 250,000 units and what is most surprising is that sales are not slowing down.

Last month, Renault delivered almost 10,000 Zoe electric cars in Europe.

That’s twice as many units as the previous month and a 156% increase over the same period last year.

In January, the Zoe was Renault’s second best-selling car in Europe – second only to Clio 5, which was delivered in higher volume…

Read more: Electrek

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Plug-in vehicle leasing demand skyrocketed in 2019, according to Vantage Leasing

Vantage Leasing, the personal and business contract hire company, saw a 700% increase in demand at its business for plug-in vehicles last year.

Premium brand models made up the majority of the new plug-in vehicle contracts.

The Range Rover Sport PHEV was the most popular option, accounting for 60% of all plug-in hybrid models. Even more surprisingly, it was also the most popular version of the car, making up 59% of all Range Rover Sport lease contracts in 2019.

BMW X5 xDrive45e PHEV (Image: BMW)

The data points to a huge surge in plug-in vehicle interest and Vantage Leasing has now launched an ‘EV Chooser’ tool that compares key metrics for EVs – including range, price and efficiency.

Vantage Leasing has also created its own EV ranking based on how vehicles fair across those criteria, with the Skoda CITIGOe IV coming out on top.

BMW Group’s plug-in models performed particularly well. The second-most popular PHEV was the BMW 5 Series, closely followed by the BMW 3 Series and MINI Countryman. Plug-in derivatives accounted for 30% of 3 Series lease contracts and 67% of Countryman contracts.

Other strong performers included the Volvo XC90, with double the number of Twin Engine plug-in hybrid models leased in 2019 compared with 2018.

Read more: AM Online

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Nissan Leaf (Image: Qurren/Wikipedia)

Leasing customers look to snap up EVs before subsidies end

Personal leasing customers are rushing to electric vehicles (EVs) ahead of next month’s expiration of the £3,500 subsidy for plug-in vehicles.

Latest figures from Leasing.com show that pure EVs accounted for 5% of all leasing enquiries in January – almost twice that of their share of the overall new car market (2.7%).

The Nissan Leaf proved to be the most popular all-electric model in January. With a range of around 168 miles, the 110kW N-Connecta 40kWh Nissan Leaf derivative proved most popular, ahead of the Tesla Model 3.

Nissan Leaf (Image: Qurren/Wikipedia)
Nissan Leaf (Image: Qurren/Wikipedia)

The Plug-in Car Grant (PICG) is spread evenly across the term of the lease and can reduce the monthly cost of a 36-month contract by around 25%, or £100 a month, according to the British Vehicle Rental and Leasing Association (BVRLA).

Leasing.com and the BVRLA are calling for the grant to be extended to continue to acceleration the uptake of zero-emission vehicles

Paul Harrison, head of strategic partnerships at Leasing.com, said: “Leasing customers are responsible for the purchase of tens of thousands of electric vehicles each year and the PICG is vital in helping more consumers make the transition from petrol or diesel to electric vehicles.”

“Now that hybrid vehicles appear to have been added to the government’s ban, and speculation it could happen as early as 2032, more urgently needs to be done to continue to incentivise the uptake of electric vehicles by consumers.”

Read more: Motor Trader

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