- North West leads UK EV leasing, making up 19% of all leases, followed by London (16%) and the South East (12%).
- Popular EV models include the Nissan Ariya, Tesla Model Y, and Kia E-Niro, reflecting a mix of premium and affordable options.
- EV leasing is growing due to affordability, better charging infrastructure, and government incentives.
North West tops the UK’s EV leasing sector with a 19% share
The North West of England is leading the way in electric vehicle (EV) leasing. According to new data from Leasing Options, the region accounts for 19% of all EV leases in the UK. London follows closely with 16%, while the South East stands at 12%.
However, some areas lag behind. Wales makes up just 4% of leases, and the North East only 3%. These figures highlight the differences in EV adoption across the country.
Leasing Options also revealed the most popular EV models in 2024. The Nissan Ariya, Lexus RZ, and Vauxhall Astra are among the top choices. Other favourites include the Tesla Model Y and the Kia E-Niro, showing a mix of premium and budget-friendly options.
EV leasing is becoming more popular because it’s more affordable and flexible than purchasing. More people are choosing to lease rather than buy. Charging infrastructure is also improving, growing by 37% year-on-year. Grants for home chargers make switching to electric even easier.
Experts predict that EV leasing will continue to grow. As more models become available and financial incentives increase, even more drivers will make the switch.
