Hybrids to Surpass Petrol Cars in 10 Years

The push for alternative means of propulsion for cars will not remain unanswered, as it is likely that in the next decade or so petrol powered vehicles to be overcome by hybrids. At least, this is the conclusion Lex Autolease, UK's largest leasing company, reached after conducting a study which comprised 230 company drivers and 70 directors of finance.

According to the results of the study, it is clear that the success of the hybrids will be made possible by fleet operators who will hurry to adopt the new technologies. Companies will be the first, believe 78 percent of those questioned, to embrace hybrid and electric, not because of their Eco-conscious strategies, but because they are more fuel efficient.

"Diesel has already overtaken petrol as the fuel of choice in the fleet sector, which is renowned for being an early adopter of new vehicle technologies,” said Chris Chandler, principle consultant at Lex Autolease.

“But, clearly, there is an expectation that the move away from petrol will accelerate as hybrids and EVs now begin to attract greater market share.”

It will all happen in the course of ten years or so. What's worse for petrol powered cars is that even if some don't go for hybrid or electric vehicle, they would instead opt for diesel. A huge 87 percent of those questioned said diesel would probably be their next choice.

"10 years is less than three company cars away for most business drivers, so these options are being looked at by finance chiefs and drivers with a greater degree of seriousness than many believed, even within the industry. Employees are readied for change and the business benefits are becoming more and more apparent to financial stakeholders too,” added Chandler.