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News

UK BEV sales plummeted from 186% in 2020 to just 15% in 2023

A study by automotive experts at Leasing Options has revealed the European countries offering the most monetary incentives to switch to EVs and compared the increase and decrease in sales compared to the years these incentives were in place

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News

EV sales plummet from 186% in 2020 to just 15% due to incentive removals

In 2022, the amount was halved by the government to £1,500. BEV sales still increased but by only 40.1%. Currently, in 2023, there is no purchase scheme available. This has dropped the projected uptake to an increase of only 14.5% according to half-year sales figures – the lowest in four years.

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News

Is your EV charging cable safe?

Although all new cars are supplied with a charging cable, not all of them come with a 3 pin adapter charger. For any EV drivers who may feel apprehensive about getting a 3-pin charger online and unsure of the warning signs to look out for before buying. Leasing Options has shared how to spot if your charging cable is unsafe, highlighted the risks to your EV when using a faulty charger and what you can do to ensure you’re buying the real deal.

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Charging Infrastructure

Warning over EV charger thefts

Many scrap and recycling businesses are receiving more  questions regarding electric car chargers – including how much they would pay for one. The scrap value for expensive copper in a cable may be worth around £50 to a thief – but a brand new replacement could cost the driver around £700. 

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