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Alphabet: 2014 'crucial' for fleet electric vehicle uptake

Date: 15 January 2014

Leasing firm Alphabet is hailing 2014 as "a crucial tipping point" for electric vehicle sales in the corporate sector.

The firm hailed it as "the year fleets finally switch on to alternative fuels and claimed that the onslaught of new product from car manufacturers, along with Government subsidies, was sufficient for EVs to make serious inroads into the fleet industry.

The firm's chief commercial officer, Paul Hollick, said: "The recent Autumn Statement launched a further £5m investment for public sector fleets to embrace EV technology, while driverless cars are also moving firmly up the agenda.

"One of the key drivers for change has been the introduction of practical and desirable EV models from respected and trusted mainstream automotive brands."

He added that the country's charging infrastructure was still in need of investment, though: "There is still a way to go in terms of charging infrastructure in the UK; however, many of the traditional barriers to EV ownership are now falling, as costs come down and manufacturers invest in battery life and range.

We're confident that, with support from the corporate and public sectors, the adoption of EVs will more than double, from 4200 to 10,000, over the next three years.

"With the expanding range of plug-in vehicles on the market, a growth in the number of public charging points and further Government investment, we're confident that the UK corporate and public sectors will see strong growth in the adoption of EVs."