Peugeot and Citroen have launched a finance program that matches monthly payments for electric vans with their diesel equivalents – removing one of the biggest barriers for businesses considering the switch to electric.
The Stellantis-owned brands designed the offer to eliminate the higher upfront costs that typically come with choosing electric over diesel commercial vehicles.
The price parity deal covers Peugeot’s E-Partner, E-Expert, and E-Boxer models. Citroen includes its e-Berlingo and e-Dispatch vans in the program.
Both the Citroen e-Berlingo and Peugeot E-Partner start at £315 per month excluding VAT through business contract hire. That’s after an initial payment of £1,890.
The 36-month contracts include 10,000 miles annually and come with a free home charging wallbox. Businesses can finance through Stellantis Financial Services using contract hire, finance lease, or conditional sale options.
“Price parity represents an important step forward for fleet electrification,” said Peugeot UK managing director Nicola Dobson. “By removing the upfront monthly cost barrier, we’re enabling businesses to switch to electric vans while strengthening their total cost position from day one.”
Greg Taylor, his counterpart at Citroen, emphasized the impact on smaller operators.
“Small businesses are at the heart of the Citroen brand, and we understand that cost is the deciding factor for many when considering electric,” Taylor said. “By bringing electric vans in line with diesel on monthly price, we’re making electrification more accessible and realistic for SMEs.”
The move follows similar announcements from Fiat and Vauxhall last month – both also Stellantis brands pursuing fleet electrification strategies.
Monthly payment parity addresses what’s been the primary hurdle for commercial vehicle electrification. While electric vans typically offer lower running costs through reduced fuel and maintenance expenses, the higher purchase prices have kept many businesses with diesel fleets.
The timing aligns with increasing pressure on businesses to electrify their operations ahead of upcoming emissions regulations in major UK cities.
