Two years after launching the Plug-in Pledge in the UK, the British Vehicle Rental and Leasing Association (BVRLA) has updated its forecasts for the uptake of electric and plug-in hybrid vehicles. The speed with which road transport is decarbonising has accelerated.
In 2018, the British association launched the ‘Plug-in Pledge’ forecasts. The aim was to raise the number of plug-in vehicles in fleets from 50,000 today to 720,000 by 2025.
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Now, in collaboration with market intelligence company Frost and Sullivan, the updated Pledge now predicts that by 2025 the vehicle rental, leasing and fleet industry will be registering 400,000 battery-electric cars and vans each year. This will represent 80% of sales in the UK.
With regards to total fleet numbers, the association predicts that the industry will own and operate 75% of BEVs on UK roads, which comes to around 900,000 vehicles. With the inclusion of PHEVs, this figure increases significantly: with both BEV and PHEVs, the rental, leasing, and fleet industry should be registering around 570,000 plug-in cars and vans annually and will be operating around 1.3 million electric vehicles overall.