THE popularity of electric vehicles on a car subscription platform suggests that flexible leasing is the way forward for many SME fleets.
According to car subscription provider Mycardirect, it is seeing demand for EVs that is double the market share – 28% versus 14% year to date as of May (source: SMMT).
Mycardirect says it believes the demand for EVs is down to its unique customer proposition, offering SME business customers maximum flexibility compared with traditional purchase or leasing schemes.
Such flexibility allows SME fleets the confidence to try out an electric vehicle with the ability to switch vehicles within the contract period should the EV not suit. However, Mycardirect says not one customer has decided to switch back to a traditional power source from electric.
Duncan Chumley, Mycardirect CEO, said:
We are hugely encouraged by the take up of electric cars and we are delighted to be beating the market by a rate of two to one. Our customers have told us that they love the flexibility our service offers. They are encouraged to try an electric vehicle for the first time, with no fear of being stuck with it if it does not suit their needs. That’s the beauty of our flexible subscription service.
Colin Mather, who is COO of AAM Group which owns the Mycardirect brand as part of its Mobility-as-a-Service (MaaS) offering added:
The latest government announcement on plug-in grants means there is now more pressure on the consumer to make the right decision. Mycardirect definitely takes the stress out of that decision.
The EVs in most demand are the Tesla Model 3, Tesla Model Y Long Range, Mercedes EQC, Mercedes EQA and the Audi Q4 e-tron. New additions include the BMW iX 50 M Sport and Audi RS E-tron GT Quattro.
What Is Included With A Mycardirect EV Subscription
• An all-inclusive package, including full maintenance and tyre replacements
• Paperless journey – hassle-free 100% online
• Complete flexibility – from 1 to 48 months
• Wide range of vehicles – customers can switch from petrol to electric, family saloon to SUV
• Free delivery and collection (UK mainland only)
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