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Fleet Finance Sponsored by Auto Finance Fleet Finance News LeasePlan co-founds global zero emissions vehicle initiative to help boost adoption Published: 20th July 2018 Share LeasePlan has co-founded a new global coalition called the Zero Emission Vehicle (ZEV) Challenge to boost mass adoption of electric vehicles (EVs). The ZEV Challenge coalition is made up of The Climate Group, the environmental campaign group that works with businesses and governments, as well as C40, the global association for large cities. Unilever, EDF Energy, The State of California and New York City are also all founding partners. The aim of the ZEV Challenge is to bring together states, regions, cities, businesses and NGOs “to send a clear signal to the automotive industry of the increasing demand for electric vehicles (EVs)”. Partners will also develop and advocate policies and solutions that will spark mass adoption of EVs. As a founding partner of the ZEV Challenge, LeasePlan has committed to using its policy influence and customer relationships to accelerate the adoption of EVs among some of the world’s largest businesses. LeasePlan has 1.8 million vehicles on the road globally and said it will take a leadership role in the transition from the internal combustion engine to alternative powertrain technology, targeting zero emissions by 2030. The company also aims to transition its employee fleet to electric vehicles by 2021. Tex Gunning, LeasePlan chief executive, said: “Although we’re seeing the appetite for EVs rise every day, the vehicles, infrastructure or policies to meet this demand aren’t there yet. “We will work with the industry to make zero emission mobility a reality. Starting electric can be one of the easiest ways to tackle climate change, but only if everyone rises to the ZEV Challenge.” Helen Clarkson, The Climate Group chief executive, said it will be challenging carmakers to work with all stakeholder groups, states, regions, cities, businesses and NGOs to accelerate EV adoption. Asset Finance Connect Asset Finance Connect brings you news and updates about UK and European auto, equipment and asset finance providers. Sign up to our newsletter Featured Stories NewsVolkswagen Group hits highest European market share in 3 years NewsAuto Trader predicts growth of new and used car market in 2025 NewsOctober sees modest 1.1% growth in new EU car registrations Auto Finance Fleet Finance