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Electric

With the recent announcement from the UK government that they are poised to ban the sale of all hybrid, petrol and diesel cars from 2035 we will begin to see an increase and emergence of EVs

2020 especially could be a big year for the electric car, with over 30 new models being released in the UK and consumer confidence in the growing technology in the vehicle sector we could see a rise in EV sales.

Whilst the transition over to EVs may seem daunting to customers, driving an electric car might save between 32% and 42% of the monthly cost of getting behind the wheel.

Why go electric?

  • Lower initial and monthly costs. 
  • Reduced on-road costs 
  • Lower fuel bills 
  • Drive the latest technology 
  • Tax incentives for EV car drivers 
  • Tax incentives for business



There are four types of electric vehicles (EVs).

  • BEV (Battery Electric Vehicles) 
  • PHEV (Plug-in Hybrid Electric Vehicles) 
  • HEV (Hybrid Electric Vehicles) 
  • FCEV (Fuel Cell Electric Vehicle)



How do they work?

BEVs

Fully electric traction motor with rechargeable battery. No gasoline engine. Charged with EVC’s (electric vehicle chargers)

PHEVs

Combines conventional engine with an electric motor and battery. Battery charged with EVC’s and regenerative braking (heat energy from braking recharges the battery). Can go anywhere from 10-40 miles before the gasoline engine kicks in.

HEVs

Combines a conventional engine and electric motor and battery pack. Internal computer controls battery and combustion engine and ensures best economy for the driving. Gasoline engine kicks in as speed rises / car gets heavier.

FCEVs

Uses fuel cell instead of a battery, combines oxygen and hydrogen to produce electricity, emits only heat and water. (None commercially available yet)

ev page bev
bev phev

VS

ev page phev

How many public charging stations are there?

ev page charging station

The UK’s charging station network is owned and controlled by several different companies. Most of these companies are energy firms who may require you to register an account with them and carry a swipe card to provide access to their machines, although some have apps to make life easier. It costs just under £8 a month to subscribe to Polar, the country’s largest provider, however 80% of its stations are free for subscribers. The only provider of motorway charging points is Ecotricity, which has over 140 public stations at motorway and A-road services around the UK, providing around 300 individual chargers






Who runs the charging stations?

ev page charge station 2

It’s fairly easy to have a charging point installed at home, and this is generally a sensible idea as you will not have to rely on public stations. A home charging point will allow you to use fast and easy charging. It’s estimated that around 80% of electric car charges take place at home, and the Government will give you a grant towards the cost of installing your own charging point to try and encourage their goal of going fully EV by 2035. Some car makers will even carry the entire cost of installation, meaning you won’t have to pay a penny!








Can I install a charging point at home?

ev page charge station 3

There are now thousands of public charging stations. According to Zap-Map, which monitors the UK’s charging infrastructure, there are currently around 4,800 locations providing almost 7,500 individual chargers. These numbers are continually increasing, with 700 new locations added in the past year alone. With growth at this rate, it won’t be long before charging stations outnumber the UK’s 8,500 petrol and diesel stations.








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Contact us

Email : sales@drivespeedleasing.co.uk

Telephone : 01904 682892

Company Address :
Drivespeed Leasing Limited
C/O Drivespeed Leasing Limited, Arabesque House
1st Floor, Unit 5
Monks Cross Drive
York
YO32 9GZ

Drivespeed Leasing Limited are a credit broker and a lender, we are authorised and regulated by the Financial Conduct Authority. Registered No : 791845

Registered in England & Wales with company number : 10757480 | Data Protection No : ZA253951 | VAT No : 274 9150 83

Registered Office : C/O Drivespeed Leasing Limited, 1st Floor, Unit 5, Arabesque House, Monks Cross Drive, Monks Cross, York, YO32 9GZ

Disclaimer: All vehicle images and descriptions are for illustration and reference purposes only, all vehicle leases are subject to credit approval and subject to change at any time. E&OE.

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