Leasing.com sees EV interest surge with grant

EV interest has surged following the launch of the UK government’s new Electric Car Grant (ECG), according to new data from Leasing.com.

In the week following the announcement, the UK’s largest car leasing comparison site recorded a 29.8% increase in electric car enquiries compared to the previous week.

Mike Fazal, CEO at Leasing.com said: “We saw a spike in interest almost immediately after the grant was announced. It shows just how responsive drivers are when government support is clear, targeted and aligned with real-world pricing.

“EV adoption in the UK has always been closely linked to affordability. When drivers are offered meaningful incentives, especially on vehicles they already trust or are curious about, it makes a noticeable difference.”

Leapmotor and Renault act fast

Two brands in particular have benefited from the post-grant momentum. Leapmotor, the Chinese manufacturer newly launched in the UK, saw a 2,675% increase in leasing enquiries in just four days. The rise comes off the back of the brand’s decision to launch its own version of the grant, matching ECG discounts directly, coupled with hugely competitive monthly rates, with prices starting at just £128 a month for the C10 family SUV (main image).

Renault also acted quickly to bring its popular Scenic E-Tech below the £37,000 threshold within 48 hours of the government’s announcement. Leasing enquiries for Renault increased by 9,575% in less than a week.

“Leapmotor has shown how agility and value can help a new brand cut through almost overnight,” said Mike. “It’s jumped to the top of our leasing charts thanks to a smart pricing strategy and timely positioning.

“Meanwhile, Renault’s move to reposition the Scenic just below the grant limit was a smart and timely reaction. These are savvy, data-informed responses to what drivers want: transparency, value and minimal friction.”

Under the new ECG, drivers can receive either £1,500 or £3,750 off a qualifying electric vehicle, depending on how sustainable the production process is. Vehicles that meet the highest environmental criteria, such as low-carbon battery manufacturing and verified science-based targets, qualify for the full £3,750 discount. Cars that meet basic standards still qualify for £1,500.

“What’s really powerful about this scheme is that it gives consumers a reason to make the switch now, not later. Pair that with leasing, which already offers lower upfront costs and predictable monthly payments, and you’ve got a compelling route into EV adoption that works for real budgets.”

Mike Fazal, CEO Leasing.com Tweet

“Many drivers still assume EVs are too expensive, but with the right grant and the right lease deal, they’re often more affordable than a traditional petrol or diesel car.”

The scheme will run until at least 2029, with £650 million of government funding available and eligibility assessed by the Department for Transport. A full list of qualifying vehicles is expected to be published and updated regularly.

The government also announced additional funding for EV infrastructure alongside the grant, including £25 million for cross-pavement charging solutions, £30 million for depot chargepoints to support commercial fleets, and £8 million to install chargers at NHS sites.

Mike concluded: “This is the kind of investment that gives people confidence to go electric, especially those without a driveway. Policy, pricing and infrastructure all need to move together. This grant is a big step forward – and the data shows drivers are responding. But we also need continued investment in the charging network and clearer communication from both the government and manufacturers.”