Grant cuts make ULEVs ‘unviable’ for fleets
28 October 2018
Fleet specialist Meridian Vehicle Solutions says the government’s move to scrap or cut the green car grants makes them unviable for fleet business.
Announcing its decision to freeze an expansion of its ULEV fleet and saying the cuts effectively add an average of £2,500 per vehicle, Meridian managing director Phil Jerome was quoted as adding: “This is really disappointing. There is rapidly growing demand from fleets for plug-in hybrids and we made a strategic decision earlier this year to meet that need.
“Really, we are trying to establish these vehicles as the mainstream, even the obvious, fleet choice. However, the truth is that the maths no longer stacks up. Our hires generally run from three months to a year and the cut puts hundreds of pounds every month on every vehicle, meaning that the pricing is no longer commercially viable.”
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