THE UK’s largest leasing company, Lex Autolease, has joined EV100 to accelerate the uptake of electric vehicles (February 07, 2020).
EV100 is a global initiative run by The Climate Group. Its aim is to bring leading organisations together in order to accelerate the switch to EVs.
Lex Autolease says that it wants to achieve net zero emissions across its 350,000 customer fleet by 2030 as part of its EV100 agreement.Parent company Lloyds Banking Group will also convert its own commercial fleet of 4,000 vehicles to electric and will continue work already underway to install charging points in all staff car parks by 2030.
Richard Jones, managing director of motor finance and leasing at Lloyds Banking Group, said:
“Sustainability is core to the vision we have for our business. As the market leader in leasing and funding vehicles for consumers and businesses we have a critical role to play in supporting the UK’s sustainability ambitions. Providing insight and expertise for businesses with fleets of all sizes is one part of how we will help.
“Last year we made strong progress towards helping our customers be more sustainable and signing up to EV100 is proof of our determination to continue over the long term. Our business customers have an important role to play in meeting the government’s ambitious climate change targets and we’re uniquely placed to help them make the switch. Through these commitments we are also helping to signal the UK as an attractive destination for electric vehicles in the global context.”
Lex Autolease already has the UK’s largest ultra-low emission fleet, with more than 21,000 vehicles, and one in 16 EVs on the UK’s roads is a Lex Autolease vehicle.
Since the end of last year, all Lex Autolease company cars must be electric.