ORIX NZ is a vehicle leasing business. Its EVi (electric vehicle initiative) enables businesses to upgrade one of their fleet’s vehicles to a selected electric vehicle (EV) at the same lease rate as the fossil fuel equivalent. A charging unit is installed free of charge.
ORIX NZ has seen increasing interest in electric vehicles, but many businesses were reluctant to invest in the higher upfront costs. By removing the additional cost, the cost of the charging unit and by handling most of the admin, ORIX has eliminated these barriers.
The service is available to businesses with fleets of at least 16 vehicles. ORIX aims to install EVs in 52 businesses by September 2020. The initiative is co-funded by the Government’s Low Emission Vehicles Contestable Fund.