Vantage Leasing leased eight times as many plug-in vehicles as in 2018
20 February 2020
Author: Illya Verpraet
Leasing company Vantage reports a 700% rise in the number of plug-in vehicles it leased in 2019, compared to 2018.
Most of these were plug-in hybrids, with pure EVs representing a smaller proportion. The company says that PHEVs from premium brands such as BMW and Range Rover were by far the most popular.
The Range Rover Sport P400e accounted for 60% of all plug-in hybrid leases and 59% of all Range Rover Sport lease contracts.
The second-most popular PHEV was the BMW 5 Series, closely followed by the BMW 3 Series and MINI Countryman.
The most popular electric car leased through Vantage was the BMW i3, with the Kia e-Niro, Jaguar I-Pace and Tesla Model 3 proving popular as well.
Vantage Leasing managing director Rob Walker, said: "Our new data proves the electric revolution has started. We're excited to be a part of that, and we want to help our customers make the transition as smoothly as possible.
"That's why we offer a wide range of EV and PHEV models, and why we created a unique EV chooser tool that helps our customers choose the plug-in model that's right for them."