Leasing Options has announced a new partnership with providers of electric vehicle (EV) charging, Pod Point.

The car leasing company said the new partnership is "the first of many" developments for its electric division, and will help it extend its service to cover all areas of electric leasing.

The partnership follows an increase in demand the company has seen over the last 12 months, and says that after the Government cut the plug-in car and van grant rates, and changed the eligibility criteria, the trend 'soared' with company receiving a 74% in electric vehicle (EV) orders year-on-year (YoY).

Demand for EVs from company car drivers is helping the leasing sector return to growth following the initial impact of the pandemic, according to the BVRLA.

Mike Thompson, chief operating officer of Leasing Options, said: “Electric Leasing has been a significant focus for our business for the last 12 months and is certainly an area we have exciting plans for throughout 2022.

“Announcing this partnership and opportunity for our customers is the first of many developments for our electric division in 2022 and helps us extend our service now to cover all areas of electric leasing.

“We’ve selected Pod Point as our partners as they offer the same commitment of excellent customer service which is crucial to us. We’re excited to be working with and developing a strong working relationship that will be of benefit to all our customers.”

Erik Fairbairn, CEO at Pod Point added: “We want to make sure the transition to electric is seamless for drivers and so we are delighted to be working with Leasing Options.

“We're very pleased to kick off 2022 by announcing our new partnership and helping even more drivers discover the benefits of EVs.”

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