THE FIRST PEUGEOT i0N ELECTRIC CAR IS DELIVERED IN THE UK TO EDF ENERGY
- Peugeot delivers its latest generation electric car in the UK
- EDF Energy accepts the first fully electric Peugeot in the UK into its fleet
- Peugeot i0n eligible for £5,000 OLEV grant
- Potential range 93 miles
- All-inclusive mobility offer with no deposit and £415 exc VAT per month
The first Peugeot i0n car in the UK, the company’s latest generation electric car, has been sold and delivered to EDF Energy, Britain’s largest producer of low carbon electricity, for use in its fleet including testing recharging solutions.
It is also the first vehicle to qualify under the Government’s OLEV scheme*. Recently, the Government announced a £5,000 OLEV grant to support the introduction of electric vehicles which came into force this month.
Eric Salomon, Energy Field Services Director at EDF Energy, said: "We are delighted to add the first Peugeot iOn in the UK to our fleet. It fits in perfectly with our ambitions to provide low carbon solutions,
"EDF Energy, Britain’s largest producer of low-carbon electricity, fully supports the development of electric vehicles and believes the take- up of clean, electric transport to be crucial to Britain meeting its carbon reduction targets. This is why we are playing a leading role in the development of electric vehicle charging infrastructure.
"Sustainability is at the heart of EDF Energy and initiatives like this will help us meet the targets set when we announced our Sustainability Commitments, one of the biggest packages of environmental and social measures announced by any British energy company."
EDF Energy is engaged in a wide range of activities within the electric vehicle market which helps to position it as a market leader for recharging solutions and the supplier of choice for customers with electric vehicles, including battery electric vehicles, plug in hybrids and range extended vehicles. The promotion and uptake of electric vehicles within the UK helps EDF Energy also gain an understanding of customers’ recharging requirements.
The Peugeot i0n is one of the first of the latest generation four-seat urban electric cars to go on sale in the UK this month. It has a potential range of 93 miles and can be recharged from a standard domestic plug in around six hours, or via a quick charger in under an hour. It is the ever-increasing fossil fuel costs and the need to reduce CO2 emissions which has made electric cars a viable modern alternative option for "urban" transport.
The Peugeot i0n is available in the UK via an "all-inclusive" mobility offer consisting of a four year 40,000 mile contract, with a monthly payment of £415 excluding VAT, which includes:
- The lease of the vehicle (battery pack considered part of the vehicle)
- Full warranty cover for the vehicle, battery and electric power train for the period of the lease
- Full servicing and full maintenance for four years and 40,000 miles**
- Peugeot Connect Services (available April 2011)
At the end of the first four year period, all the benefits are available for a further four years and 40,000 miles, at a reduced monthly amount, giving a further four years of worry free motoring.
With average running costs estimated at £1.72*** per 93 miles, the energy bill of the iOn is unbeatable regardless of which recharging mode is used. Carried out overnight or during "off-peak hours", recharging costs can be reduced further and help optimise the use of available low carbon power produced by the electricity supply companies.
As a 100% electric vehicle, it also benefits from a range of further cost savings over a conventional internal combustion engined vehicle:
- No petrol or diesel costs – potential saving of £1765.05 per year*
- No Congestion Charge (where applicable) – savings of £1696 annual charge for London
- No Parking charges (where applicable, e.g. City of Westminster) – potential saving of £1939 per year - £10 x 230 days of parking, less admin fee
Total potential annual saving - £5400.05 by operating an electric vehicle over a conventional internal combustion powered car.
Phil Robson, Fleet Sales Director at Peugeot UK, said: "We are very pleased to be delivering our first Peugeot i0n in the UK to EDF Energy. Electric cars are an important part of future urban mobility, alongside hybrid vehicles and highly efficient diesel and petrol engines. As well as the all electric Peugeot i0n, we will also this year launch the world’s first diesel hybrid vehicle the 3008 HYbrid4, new e-HDi micro hybrid technology and later a range of highly efficient three cylinder petrol engines. Together these new vehicles will help reduce CO2 emissions and reduce customers’ motoring costs".
The Office for Low Emission Vehicles (OLEV) is a cross-Whitehall team comprising people and funding from the Departments for Transport; Business, Innovation and Skills; and Energy and Climate Change. OLEV is not only concerned with ultra-low emission vehicles. Technological developments are also delivering significant efficiencies in the fuel economy of conventionally fuelled vehicles; and OLEV is also responsible for managing the regulatory framework that is driving emissions from road transport down.
Notes to Editors
*Fuel saving calculated as follows:
Cost of 1 gallon of fuel - £5.85
Average MPG for a vehicle driven in an urban environment – 30 mpg
Total fuel costs to cover 10,000 miles = (10,000/30) x £5.85 = £1950.00
Cost of recharging the iOn over 10,000 miles
Cost of recharging = £1.72 per 93 miles.
Total costs over 10,000 miles = (10000/93) x £1.72 = £184.95
Difference = £1950.00 - £184.95 = £1765.05
All calculations include the Office for Low Emission Vehicles (OLEV) Plug In Car Grant of £5000
**Full Servicing and full maintenance includes tyres, brake pads and brake discs
***Based on EDF Energy Eco 20:20 tariff in London