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Zenith battery electric vehicle numbers almost double

Plugging in electric car

Zenith has announced a year-on-year increase of almost 100% in its battery electric vehicles (BEVs) with more than 10,000 funded vehicles now on the road.

The leasing company also has more than 9,000 BEVs on order for both corporate drivers and individual retail customers. Some of the most popular cars are Audi, Tesla and Volkswagen.

The milestone comes at a time of uncertainty within the motoring industry with the widely reported supply chain problems combined with the rising cost of living dampening consumer demand.

Tim Buchan, chief executive officer at Zenith, said: “Despite a period of uncertainty in the sector, we’ve managed to continue to increase our vehicle orders, and transition drivers to electric vehicles.

“This is an outstanding achievement given the current supply chain challenges experienced since COVID-19 and is aligned with Zenith’s vision to decarbonise the UK’s vehicle parc by eliminating tailpipe emissions.”

Earlier this year, Zenith announced it had raised a £475 million green bond to help it source and finance electric vehicles (EVs) to meet growing demand in the marketplace.

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