Fleet News

AFVs on the march as decline of diesel continues at pace

Tesla charging

Full electric vehicles have been given a major boost by the 0% benefit-in-kind tax move, reports Sarah Tooze

Leasing companies have been reporting unprecedented demand for electrified vehicles this year driven by the 0% benefit-in-kind (BIK) tax rate for full electric cars for the 2020-21 tax year and favourable rates for plug-in hybrid cars. 

Collectively, full electric, plug-in hybrid and hybrid cars now account for 14.8% of the FN50’s 1,220,972 cars.

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