Categories Green Car Stock

LeasePlan Urges Customers to Lease Fully Electric Vehicles Not PHEVs

Powered by clean energy, electric vehicles (EVs) produce minimal emissions, and they are poised to take over the roads over the next decade. Although the zero-emissions vehicle movement began with both battery electric vehicles and plug-in hybrids (PHEVs), over the years it has become apparent that EVs are the better option. Plug-in hybrids, which are fuel-powered cars outfitted with a small battery, are a less-energy-efficient, less-clean option, and car leasing company LeasePlan agrees.

Recently, LeasePlan sent out an email advising its clients in the Netherlands not to choose a PHEV as their next vehicle. With more than 1.9 million cars on the road in over 30 countries, LeasePlan is a member of EV100, a global group of companies dedicated to supporting the transition to 100% CO2-free transport as well as one of the largest leasing companies in the world. “More and more business lease drivers are opting for a plug-in hybrid,” the company writes.

“Because the estimated costs of fuel are so low, the monthly lease price of a plug-in hybrid fits more easily within the lease budget. In addition, it is very attractive for the employer, a car with low CO2 emissions, even with the new way of measuring emissions.” However, while plug-in hybrids may seem attractive at first glance, they tend to consume more fuel and produce more emissions than battery EVs.

LeasePlan gives an example:“Take, for example, the Mitsubishi Outlander, which has a fuel consumption of 2 liters per 100km. From analysis by the fuel card supplier Travel Card and done by TNO (Dutch National Laboratory for applied scientific research), a consumption of 7.21 liters per 100 km is measured. That’s 260% more! Oops, there goes the cost and environmental benefits.”

Additionally, the company says, “the lease driver does not drive small distances and cannot always charge when parking the car.” Since drivers aren’t always familiar with an area’s charging network, they may end up driving around looking for a public charger, resulting in more fuel consumption and higher costs. Some lease drivers don’t even charge at all, “and so the plug-in hybrid changes from an environmentally friendly car to an environmentally unfriendly car.”

LeasePlan advises its clients to avoid plug-in hybrids. “As an organization, aren’t you ready for electric? Or do you have doubts?” the firm asks. “From now on, only opt for petrol or hybrid cars without a plug. You will then have a grip on your costs and the environmental consequences.”

An interesting player in the EV sector to watch is QuantumScape Corp. This company focuses on developing solid-state batteries in order to increase the range of electric vehicles.
the company is on a mission to revolutionize energy storage.

About Green Car Stocks

Green Car Stocks (GCS) is a specialized communications platform with a focus on electric vehicles (EV), as well as other emerging market opportunities in the green sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled visibility, recognition and brand awareness. GCS is where news, content and information converge.

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Green Car Stocks
Los Angeles, CA
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Editor@GreenCarStocks.com

Green Car Stocks is part of the InvestorBrandNetwork.

Lacey@GCS

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Lacey@GCS

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