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FINELY TUNED FINANCE<br />
EV & HYBRID<br />
The Growing Popularity<br />
of Electric Vehicles<br />
Kennet Equipment Leasing is one of the UK’s<br />
leading equipment finance suppliers. We are<br />
dedicated to providing leasing solutions that fit<br />
your requirements perfectly.<br />
More and more companies understand that<br />
having new equipment via a finance package<br />
really does allow their business to grow.<br />
Kennet can offer you fast decisions, solid<br />
advice and the continuity of service you would<br />
expect from an award-winning leasing<br />
specialist that has been working with garages<br />
since 1990.<br />
Have the best equipment for your business,<br />
not the cheapest.<br />
INTERESTED IN KNOWING MORE ABOUT LEASING?<br />
➲ CALL Simply call OUR Tony Devenney GE at TEAM Kennet Equipment ON Leasing 0121 on 01675 749 469208 or 8801<br />
email<br />
tony@kennet-leasing.co.uk<br />
FOR MORE INFORMATION<br />
www.kennet-leasing.co.uk<br />
WHY YOU SHOULD LEASE<br />
• fast finance approval*<br />
• no large deposit to find<br />
• payments remain the same<br />
throughout<br />
• tax advantages to leasing<br />
• no need to use cash, overdrafts<br />
or loans<br />
• new starts and sole trader<br />
businesses can lease<br />
• no security on your property<br />
• new or used equipment from<br />
£1,000 in value<br />
Whilst new car registrations declined in 2020, sales of electric vehicles bucked the trend.<br />
Last year global electric vehicle sales increased by 43%, to more than 3m, despite overall<br />
car sales falling by a fifth.<br />
Europe is now leading the EV up-take, with sales doubling, pushing the region past China<br />
as the world’s biggest market. Electric vehicles now account for 4.2% of the global market,<br />
up from 2.5% in 2019.<br />
EV SALES EXPECTED TO ACCELERATE<br />
Many countries have timescales for phasing out sales of new<br />
petrol and diesel cars, with the UK government aiming for all<br />
new cars to be fully zero-emission at the tailpipe by 2035. As<br />
a result, vehicle manufacturers are investing heavily into the<br />
development of electric technology, to increase their range of<br />
EV models and capture their own share of this growing market.<br />
Currently electric vehicles are more expensive to buy, one<br />
of the main reasons being the cost of the lithium-ion battery<br />
itself. However, battery prices are falling to such an extent that<br />
by the middle of the decade, the price of new electric cars is<br />
predicted to match petrol and diesel equivalents. Some experts<br />
predict that from 2025 sales of electric vehicles will overtake<br />
conventional vehicles.<br />
➲<br />
MORE<br />
INFORMATION ON HYBRID & EV TRAINING<br />
AFTERMARKET OPPORTUNITIES<br />
Electric vehicles still have to pass an MOT<br />
test after three years on the road, the<br />
only difference being there’s no need for<br />
emissions testing. Regular servicing is still<br />
required too for owner safety and vehicle<br />
reliability, whilst revenue opportunities<br />
exist for diagnostics, repair and charging.<br />
To work safely on the electric vehicles<br />
technician’s need to complete specific EV<br />
training. The IMI offer a qualification route<br />
through to their Level 4 Diagnosis, Testing<br />
and Repair Electric/Hybrid Vehicles award.<br />
Kennet Equipment Leasing Limited. Kennet House, Temple Court, Temple Way, Coleshill, Birmingham B46 1HH.<br />
6 T: 01675 469200 F: 01675 469210<br />
ALL PRICES EXCL VAT<br />
ALL PRICES EXCL VAT<br />
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