More than half of businesses want an electric vehicle

A Lotus Eletre being charged at the Shanghai Auto Show. The proliferation of EV products in China is ‘changing the entire market’, according to Lotus executive Mike Johnstone. — © AFP

More than half (52 percent) of businesses are now prioritising electric vehicles (EVs) when selecting company cars and fleet vehicles, according to new data from the firm Leasing.com. Such a trend highlights a significant shift towards sustainability and long-term cost savings.

While SUVs remain the most in-demand body type for business users, the all-electric Lotus Eletre has emerged as the most popular business vehicle in the UK, surpassing well-established models from Tesla, BMW, and Polestar.

Cost Savings and Regulation Drive Business EV Adoption

The sharp rise in business interest in EVs reflects changing regulatory landscapes, with low-emission zones and tax incentives making electric vehicles a more financially viable choice for companies.

Mike Fazal, CEO at Leasing.com, tells Digital Journal: “The increase in business EV enquiries reflects a broader shift towards cost efficiency, sustainability, and regulatory compliance. With more cities introducing clean air zones, businesses are proactively transitioning to electric fleets to avoid additional charges and future-proof their operations.

Fazal adds: “Government incentives, lower Benefit-in-Kind tax rates, and long-term savings on fuel and maintenance are all making EVs a more attractive proposition. As technology improves and charging infrastructure expands, we expect even more businesses to accelerate their shift to electric—ensuring they stay ahead of regulations while boosting their sustainability credentials.”

SUVs and Electric Vans: The Vehicles Businesses Are Choosing

Beyond powertrain choices, vehicle type remains a key factor in business leasing decisions. SUVs account for 60 percent of all business leasing enquiries, reflecting their versatility and suitability for professionals who travel frequently.

Among commercial vehicles, electric vans are gaining traction, particularly for logistics and trade industries. Models such as the Volkswagen ID. Buzz and Renault Kangoo rank among the most popular, as businesses look to reduce fleet emissions and long-term operational costs.

“Leasing plays a crucial role in this transition,” adds Fazal. “Many businesses are still evaluating the financial and operational impact of going electric, and leasing allows them to trial EVs without the risk of outright ownership. This flexibility is key as businesses prepare for stricter emissions regulations over the coming years.”

What Businesses Look for in a Vehicle

Theanalysis also examined how vehicle priorities vary by sector:

Tradespeople (Electricians, Plumbers, Builders): Cargo space and reliability are key. The Nissan Townstar ranks highest for meeting trade business needs, while the Ford Ranger remains a top choice for carrying heavy loads.

Couriers & Delivery Services: Low-emission zones are driving demand for electric vans, with the Renault Kangoo and Volkswagen ID. Buzz scoring highest for courier suitability.

Property & Sales Professionals: A balance of brand image and practicality is crucial. The BMW iX is the most popular choice for estate agents and sales professionals, with growing interest in the Polestar 2.

Veterinary & Agricultural Services: All-weather capability is essential. The Ford Ranger is the top choice for rural professionals, with the Land Rover Defender also proving popular.

Healthcare & Medical Services: Efficiency and low emissions are key for frequent city travel. The Nissan Qashqai is the preferred option for healthcare professionals.

The Future of Business Vehicles

With over half of business leasing enquiries now for electric models, and SUVs maintaining their dominance, the data indicates that businesses are actively shifting towards more cost-efficient, sustainable vehicle solutions. These trends to continue shaping the corporate fleet and business vehicle landscape in 2025 and beyond.