Electric Vehicle Sales Lean Heavily on Leasing, Study Finds

Electric Vehicle Sales Lean Heavily on Leasing, Study Finds

© Can Stock Photo / Teka77 U.S. leasing penetration of electric and hybrid vehicles is more than double the national average for its gas counterparts, according to a new study from Bloomberg New Energy Finance . Nearly 80% of battery electric vehicles and 55% of plug-in hybrids are leased in the U.S. compared with a 30% penetration rate across the industry. Those figures don’t include Tesla Inc. vehicles because the company sells and leases directly from its website and therefore isn’t required to report leasing figures. Of course, electric vehicles still make up a very small portion of the […]