At Holman, we know that sustainable vehicle financing is helping operators to transition to low- and zero-emission vehicles, including hybrids and electric vehicles (EVs). Innovative financial options, including grants, loans, and flexible lease arrangements, are helping operators secure the vehicles they need today and in the future.

Do you understand the potential for flexible funding to optimise your fleet, and are you taking advantage?

What is sustainable vehicle financing?

Sustainable vehicle funding is available from various sources, including government grants, subsidies, tax incentives, and private investments. Examples include green asset finance offered by banks to buy new vehicles, a range of Government-backed programmes to support infrastructure and SMEs, and smaller-scale local programmes like the Low Carbon Innovation Fund.

Resources are targeted towards R&D, infrastructure development, and consumer incentives to encourage the adoption of more sustainable modes of transportation. It’s all part of a UK-wide push toward alternative fuels.

Sustainable vehicle funding is critical to tackling climate change and accelerating the adoption of electric vehicles and hybrids. They’re an investment in developing, manufacturing and adopting vehicles with minimal environmental impact. Improvements are being made through the supply chain, with manufacturers, infrastructure providers and operators all benefitting from a capital injection.

It’s about building a more environmentally friendly fleet for the future – with the infrastructure to support it.

Building Confidence for an uncertain future

Sustainable financing offers attractive incentives to switch to fossil-fuel alternatives. But fleet operators are still required to invest significantly in new vehicles when the cost-of-living crisis affects confidence. In addition, EVs and hybrids have higher price tags than comparable models with fossil-fuel-powered internal engines. Green asset finance is specifically designed to support businesses to shift to more fuel-efficient vehicles with a lower carbon footprint. As well as EVs, this can include hybrid vehicles and vehicles that use alternative fuels such as biofuels or hydrogen.

Alongside the investment in new vehicles, operators must have the infrastructure, such as charging points, ready and available – and can access finance to support them.

While hybrid, EVs, and even hydrogen are likely the best fuel choices for the future, fleet operators must decide what’s best for today. If you’re considering investing in EVs as part of your journey to zero, we can help you develop a route map. This involves a gradual transition for many fleets, incorporating a mixture of vehicles powered by fossil fuels and sustainable sources.

Holman’s flexible finance lease arrangements help operators build confidence for an uncertain future. You can get the vehicles you need today with the freedom and flexibility to change them if you need to. Behind the scenes, we process data and information to When you no longer need your vehicle; you can re-allocate or sell with no early termination fees and 100% of the sale profits returning to you.

We’re committed to creating a more sustainable future, but we understand the demands on fleets today. So our approach is helping our fleet partners drive what’s right.