EV demand now higher than diesel in UK leasing sector

Demand for electric vehicles has overtaken diesel engines for the first time in the new car leasing market, new figures indicate.

The data from comparison site Leasing.com shows sales enquiries for EVs – comprising battery electric vehicles (BEVs), plug-in hybrids and hybrid – outperformed demand for diesel vehicles throughout the second quarter of 2021, after steadily increasing since the start of the year.

Hyundai Ioniq 5 (Image: hyundai.co.uk)

Hyundai Ioniq 5 (Image: hyundai.co.uk)

Since January, BEV inquiries have risen 27% and hybrids by 57%, with the biggest increase being seen in plug-in hybrids at 78%. In contrast, petrol vehicles only saw a 3% growth and diesel plummeted by 13%.

Leasing.com expects to see BEVs hit 20% of overall enquires in 2021.

Read more: fleetworld

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