LEASING broker CBVC Vehicle Management and its partner ElectriX will now offer business contract hire.
Until now ElectriX, a one-stop shop offering drivers everything they need to get on the road with an electric car from insurer LV=, was only available to personal customers.
CBVC provides provides the end-to-end leasing journey for ElectriX. Recently CBVC/ElectriX announced an 8000 employee programme of salary sacrifice for Allianz.
We are really pleased to add business contract hire to the ElectriX offering. Our 20 years of fleet management experience means that we’re perfectly positioned to support ElectriX business customers. The environmental, social, and governance agenda (ESG) is so important for businesses right now and the transition to electric vehicles is a core part of that. We’ve already helped many customers to decarbonise their fleets and we’re looking forward to supporting more businesses to make the switch.
Mike Manners, managing director, CBVC Vehicle Management Tweet
Demand for electric vehicles continues to grow strongly driven by the low benefit in kind taxation on EVs.
The Society of Motor Manufacturers and Traders (SMMT) reported 152,968 Battery Electric Vehicle new registrations year-to-date (June), an uplift of 33 per cent against the same period last year. The SMMT predicts that nearly half a million plug-in vehicles (including hybrid electric vehicles and battery electric vehicles) will join Britain’s roads this year.
Image credit: Shutterstock

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Ralph Morton is the leading journalist in the leasing broker sector and editor of Broker News, the website which provides information and news for BVRLA-registered leasing brokers. He also writes extensively on the fleet and leasing market in both the UK and Europe.