Addison Lee, Europe’s largest private hire company, has invested £3.2 million to add 100 Mercedes-Benz E-Class saloons to meet increased demand.

The company has experienced a 15% jump in executive car bookings over the past year and says the new vehicles will make it the UK’s largest fleet of executive cars.

Andy Boland, chief executive officer at Addison Lee, said: “We are excited to put the new range of E-Class cars on London’s roads as Addison Lee increases its offering to meet the demands of some of London’s leading corporate executives.”

The company currently services 70% of the London FTSE 100 and will be putting the first batch of its executive fleet on the road this week.

It currently has a fleet of 4,800 premium minicabs.