Soaring fuel costs accelerates switch by larger companies towards leasing electric vehicles

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Soaring fuel costs accelerates switch by larger companies towards leasing electric vehicles via IrishTimesBiz

“It is something that is on our radar [in terms of affecting the business], but at the moment our inquiry levels are still high.”Mr Mahony said the “main challenge” facing the industry was supply. “There are still supply chain issues there and semiconductor shortages,” he said. “The war in Ukraine has exacerbated the issue as well because a lot of electrical components were made there.

“From a leasing perspective, it is dampening our offering, and that’s what we are going to be focused on. We’re trying to get to a point where we offer a more fully rounded and comprehensive service.” “It is definitely the way the industry is going, particularly the larger corporates. It just comes down to supply, and also the charging infrastructure at the moment needs to be improved. The network isn’t quite there just yet.

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