OVL Lease Blog

What documents do I need to provide when applying to lease a vehicle? 

What documents do I need to provide when applying to lease a vehicle?  One of the most common reasons that we can’t proceed with an application to lease a vehicle is our customers not having the correct pape... Read More

Car leasing in the ‘new normal’. Are there good deals to be found? 

Car leasing in the ‘new normal’. Are there good deals to be found?  You may have seen some of the headlines in recent weeks about the effect that the COVID-19 pandemic has had on the motor industry. Whilst it’... Read More

Range Rover Evoque 1.5 P300e S 5dr Contract Hire Whole Life Cost Comparison

Range Rover Evoque 1.5 P300e S 5dr Contract Hire Whole Life Cost Comparison Click the table above to zoom. Traditionally companies have based car selection around rentals alone but with changes in... Read More

OVL - keeping you up to date

OVL - keeping you up to date We hope you are all keeping well and managing to cope with this 'new normal.'  We have been keeping in touch with all of our... Read More

How to care for your car during Lockdown

How to care for your car during Lockdown The changes to the way we live our lives, brought about by the Covid-19 crisis, have been plentiful and our motoring habits have changed enormously... Read More

Funder response to Coronavirus

Funder response to Coronavirus We hope everyone is coping as best they can at this difficult time, it's testing for everyone. We’ve pulled together some key information... Read More

Car and van leasing - offers and deliveries available for key workers

Car and van leasing - offers and deliveries available for key workers Everyone here OVL Group are grateful to all essential workers who are tirelessly working to ensure we can continue to function. Whether y... Read More

OVL Group Ltd see continued growth in electric car leasing 

OVL Group Ltd see continued growth in electric car leasing  The electric car market is growing quickly, with almost 265,000 models on UK roads at the end of December 2019. The most recent set of figures from... Read More

What are the benefits to switching to an electric car?

What are the benefits to switching to an electric car? If you run a fleet of vehicles you will have many considerations when it comes to choosing the right cars for your team.  With electric a... Read More

All New Ford Kuga

All New Ford Kuga The Ford KUGA is a popular addition to the Ford offering - an SUV that looks stylish, drives like a hatchback and offers excellent rear seat and bo... Read More

OVL Group Ltd see continued growth in electric car leasing 

05/03/2020

OVL Group Ltd see continued growth in electric car leasing 

The electric car market is growing quickly, with almost 265,000 models on UK roads at the end of December 2019. The most recent set of figures from the Society of Motor Manufacturers and Traders (SMMT) show that plug-in models made up 6.3% of total UK new car registrations, with pure-electric models accounting for 3.3% of that figure.

In the first two months of 2020 the orders we have received here at OVL Ltd reflect these figures. In January, 39% of all of our orders were for Alternative Fuel Vehicles, this rose to 46% in February and we fully expect to see this number rise again as we progress throughout the year. 

Tesla remains a firm favourite with our customers but models including the  Jaguar I-Pace (full electric), Ford Kuga PHEV (plug in hybrid) and Toyota Corolla (self charge hybrid) are currently popular among our customers.

2020 looks set to be a breakthrough year for Alternative Fuel Vehicles with many new models due for launch. At the end of 2019 figures showed there were 125 plug-in cars and vans available ranging from superminis, large family cars, hatchbacks, estates, SUVs, executive models, and medium-sized vans. 

Choice is opening up for customers, range is getting bigger for pure electric cars and more charging points are being installed up and down the country. Zap-map updates it’s figures monthly and it currently shows that the total number of locations which have a public charging point installed is 11,044, the number of devices at those locations is 17,816 and the total number of connectors within these devices is 30,957. Over 400 new devices were added to the Zap-map location search in February 2020 alone. 

To find out more about leasing an electric car or van please speak to one of our team on 01491 615500 or email sales@ovl.co.uk  

Our sister-site www.littlegreencarleasing.com contains a great deal of information about alternative fuel vehicles.