SOGO mobility, which provides vehicles on a month by month flexilease basis, is increasing the size of its fleet to meet demand from SME fleet customers.
According to SOGO, over the last 12 months its SME fleet customers have grown by 92.4% as businesses look for greater flexibility around vehicle provision.
The company argues that small businesses are increasingly reluctant to sign lengthy leases due to the threat of recession. The approach has seen corporate customers grow from 56% to 89% of revenue in the last 12 months, it says.
SOGO set out to transform how small businesses think about green mobility. From the outset, monthly leasing ensured companies operated young fleets with the latest technology and lowest emissions. The last year saw the roll-out of a groundbreaking partnership with BP, which meant every mile driven in any vehicle was offset in a globally recognised carbon-neutral scheme.
Feedback from customers tells us that company directors value the freedom that flexible leasing brings. It also keeps the asset off the balance sheet, which can be a big benefit when the economy tightens.
Part of the approach to SMEs has been to invest in more EVs as companies begin to decarbonise.
The company launched a salary sacrifice scheme for monthly leasing to speed up the process by making an EV more affordable it says. In addition, SOGO claims it has developed a package of measures to help motorists enjoy running their EVs and introduced an industry-leading carbon offsetting scheme with BP for those who can’t transition to EVs at the moment.
Karl Howkins concluded:
SOGO’s commitment to green mobility has also helped drive corporate business growth as it solves an important problem in their journeys to net zero. A flexible, monthly leasing offer allows companies to try different EVs to find the most suitable vehicle.
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