Development completions increased by about 13% Y-o-Y to reach 56.7 million sq. ft., an all-time high during 2023. Developers continued to exhibit their efforts towards sustainability, with nearly half of the newly completed developments during 2023 being green-certified (LEED or IGBC).
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Date: 15 April 2021 Â Â |Â Â Author: Sean Keywood
New cars registered by BVRLA members had average CO2 emission figures of less than 100g/km in the fourth quarter of last year, the rental and leasing organisation has said.
Its latest Quarterly Leasing Survey shows that 98g/km was the average figure among members new car purchases, compared with a 114.2g/km average for all UK new car registrations.
When limited to new business contract hire registrations, the BVRLA figure was even more impressive, at just 80g/km.
In addition, 5% of BVRLA members cars are now pure EVs, while a further 15% are hybrids, with these fuel types having accounted for 16% and 26% of Q4 registrations respectively.
Click the thumbs up >Average CO2 emissions for new car registrations have fallen below 100g/km for the first time for members of the British Vehicle Rental and Leasing Association (BVRLA).
During the Q4-2020 reporting period, average CO2 emissions were 98g/km compared to the average UK car fleet of 114.2g/km, according to its latest Quarterly Leasing Survey.
The size of the BVRLA leasing fleet stood at 2,505,979, of which 83% are cars and 17% are LCVs.
Nearly one-fifth of leasing members’ fleet now has some form of electrification with 5% of the car fleet being pure EV and 15% hybrid. This figure is only set to grow, it says, as BVRLA members have pledged to register 400,000 new battery electric cars and vans per year by 2025.
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