Novo, the electric car insurance and incident management company, has added 40 new electric cars to its fleet to meet the increase in demand for its electric vehicle (EV) insurance solutions.
Novo recorded a surge of 262% in EV insurance enquiries from Q1 2021 to Q1 2022, with policy conversions increasing by 189% in the same period.
Some of the most recent fleet additions include the Tesla Model Y, Mercedes EQA and EQB, as well as Audi eTron GT, with more vehicles scheduled to arrive over the course of the year.
The company said the addition of the new vehicles is the first phase of a strategic expansion plan which will see Novo’s EV fleet double in size over the next 12 months.
James Allenby, founder and director of Novo, said: “It is an exciting time for the EV sector, and we are delighted to be supporting owners, the environment, and the car industry, during this fast-paced electric journey.
“The statistics for EV transition speak for themselves, and this trend is only going to increase.
“We are ahead of the curve with our EV fleet and our specialist service offering, and it is why we are committed to continual fleet investment to cater for this rapid growth in demand.
“Novo is not about blending in with the industry, we aim to stand out through a very niche, highly customised and personal service.”
SMMT data revealed that more electric cars were registered in the UK during 2021 than in the previous five years combined.
The SMMT figures also showed that190,727 battery electric vehicles (BEVs) hit UK roads during 2021, claiming 11.6% share of the overall new-car market.
In April 2022, electric car registrations represented 10.8% of all new car registrations in the UK.
The SMMT predicts that by the end of 2022, plug-in cars including BEV and PHEV models, will account for a quarter of all new vehicle registrations, of which one-in-six is expected to be fully electric.
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Jessica is event and digital content co-ordinator for all our events.
She was the web producer at Fleet News, Commercial Fleet and Smart Transport until April 2023.
She started her career as a content writer for a digital marketing agency that specialised in financial services, where she worked for more than two years.
Jessica was awarded the degree of Bachelor of Arts with Honours in Multimedia Journalism in 2017.
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