The rise of e-commerce and the demand for home delivery has seen the number of light commercial vehicles funded by the UK’s major leasing companies increase by nearly 5% year-on-year. The number of vans underwritten leasing company books was 462,863 - an increase of 21,515 vehicles.
Strong Growth in Chinese E-Commerce Market to reach $US3.3 trillion in 2025
Chinese e-commerce market’s growth is estimated to register an increase of 17.2% in 2021. This booming growth will require a parallel development of the country’s last-mile delivery fleet industry, the largest in the world.