Company Car
Today

Your Independent source of fleet news, reviews & interviews

Round-Up: BMW is WLTP ready, Nexus launches EV rental arm, LEVC builds first van prototype

BMW is WLTP ready

2020 CCT100 Awards - BMW 1-Series - Winner - Premium Lower Medium of the Year 2020

BMW has announced it is ready for the upcoming company car tax transition from the NEDC CO2 emissions to WLTP CO2 data.

The company said that company car drivers can now order any BMW or Mini “with the reassurance of knowing how it will impact their tax liability for the next tax year, plus subsequent 2021/2022 and 2022/23 tax years.”

Both NEDC and WLTP data is available during the specification process, the firm added.

Rob East, general manager of corporate sales at BMW UK, said: “With the BIK tax liability a key consideration for many company car drivers when choosing a new vehicle, it’s imperative that we provide our customers with this information. This transparency allows them quickly to make an informed decision as to whether their favoured BMW works for them from a tax point of view. Without WLTP details, they simply have no way of knowing.”

Nexus launches EV rental arm

nexus ev

Rental company Nexus has launched an electric vehicle-only rental arm in order to meet an increasing demand from businesses and is said to the first such solution in the corporate rental market.

The company added its service also plugs the gap in supply, as company car drivers are experiencing long waiting times for some models.

“It is a big decision for businesses to switch to EVs and sensible phasing in is needed. The dedicated platform eases the process by assisting our clients to gradually trial and transition to EVs by avoiding large upfront expenditure.  EV adoption will take time and the scale of available vehicles will now start to grow,” said David Brennan, CEO of Nexus Rental.

LEVC builds first van prototype

The London Electric Vehicle Company has built its first prototype van, which shares its platform with the firm’s taxi model.

The prototypes will be deployed as test vehicles and undergo a strict development and homologation programme including hot and cold climate testing, durability and crash testing ahead of production models being built from the fourth quarter of 2020 onwards.