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Alphabet vehicles make up almost 10 per cent of cars eligible for Plug-In grant year to date

15 September 2016 – Business mobility specialist, Alphabet, today announced that they have provided nearly 10 per cent (9.4) of the electric and plug-in hybrid electric vehicles eligible for the Government’s Plug-In grant which have been delivered for the year to date. Figures released by the Society of Motor Manufacturers & Traders (SMMT) last week, revealed that 23,109 new cars and LCVs were eligible for the Office of Low Emission Vehicles’ Plug-In car and van grants[1] in 2016 so far, of which 2,176 are funded by or leased from Alphabet.

The Plug-In car grant, originally introduced in 2011, now covers:

  • 35 per cent of the cost of the car, up to a maximum of either £2,500 or £4,500 (depending on the model’s range on battery power)
  • 20 per cent of the cost of a van, up to a maximum of £8,000

Alphabet’s total fleet portfolio of Ultra Low Emission Vehicles (ULEVs) at the end of last month (August 2016) broke the 5,000 mark for the first time ever, amounting to 5,085 EVs and PHEVs. With the British Vehicle Rental and Leasing Association (BVRLA) announcing earlier this month that 4.2 per cent of its leasing members’ vehicles and 3.7 per cent of new registrations in the 2nd quarter of 2016 are pure electric or plug-in electric, EV adoption continues to grow with the fleet leasing sector leading the way.

Mark Gibson, Head of Marketing & Business Development for Alphabet, comments: “From the outset, Alphabet has demonstrated our strategic commitment to supporting EVs and making low emission, sustainable mobility an everyday reality for businesses and public sector organisations in the UK. Our portfolio of Ultra Low Emission Vehicles (ULEVs) continues to grow as more and more fleet decision makers, their employees and business drivers choose greener and more efficient vehicles to get from A to B.

“The continued growth in EVs and PHEVs, with new models becoming available and their move into the mainstream, gives our customers that haven’t yet adopted ULEVs as part of their fleet an exciting opportunity to explore the range of vehicles now available, as well as demonstrate the business case for reducing CO2 and NOx emissions while realising cost savings.”

Earlier this year, Alphabet announced that it had helped leading London estate agent, Chase Evans, reduce emissions with 95 per cent of its fleet now made up of plug-in hybrid electric vehicles (PHEVs).

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