What is an electric vehicle?
An electric vehicle, also known as a full electric, battery electric vehicle (BEV) or EV, is a vehicle powered solely by an electric motor. Unlike a traditional petrol or diesel vehicle which is fuelled by gasoline or diesel, electric cars function by plugging into a charge point and taking electricity from the grid. They store the electricity in rechargeable batteries which then power an electric motor, which turns the wheels.
Current electric vehicles available to lease include:
Why are electric vehicles so popular?
For years, the idea of electric vehicles ruling our roads seemed like a distant fantasy but here in the UK, the electric car market has grown significantly over the past few years. The UK Government’s plans to ban the sale of petrol and diesel cars by 2030, along with vehicle manufacturers spending billions on developing new models, has increased consumer demand, with sales surpassing one million in the UK in 2020, marking a key milestone in the automotive industry’s move away from fossil fuels.
Government grants, increased battery capacity, greater model choice, lower Benefit in Kind (BIK) tax rates and lower On The Road (OTR) prices have all helped to make electric cars more accessible to the general public. Add in an electric car’s cheap running costs and it’s easy to see why electric vehicles have become so popular.