From 1st January 2021, you – like all other Leasing Services Providers (LSPs) – need to comply with WLTP.
So ideally, to ensure business continuity in a year of market disruption, you’ll need to have seamlessly integrated it into your operations well before then.
What is WLTP?
WLTP stands for Worldwide Harmonised Light Vehicle Test Procedure.
This new test has to be carried out by manufacturers to determine the levels of pollutants,
CO₂ emissions, fuel economy, electricity consumption and electric range values for their traditional, hybrid and electric vehicles. As the name suggests, its aim is to standardise (or ‘harmonise’) testing procedures worldwide.
WLTP has been designed for vehicles of different fuel types: petrol, diesel, hybrid and electric
WLTP is based on four driving cycles each 30 minutes long with a different average speed low, medium, high, and extra high
WLTP factors in the effects of braking, stopping and accelerating
WLTP also factors in the effect of not only standard but optional equipment
The new WLTP procedure means you need to share accurate CO₂ emissions and fuel consumption data for every vehicle you offer.
Not just for every make, model and engine variant.
But for every configuration of trim.
By 1st January 2021, all LSPs will be legally obliged to use their vehicles’ WLTP values in two key areas:
- Quotations: You will have to be able to advise your customers of every vehicle’s emissions and fuel consumption, even display this data online
- Taxation: You will need to advise your customers on their tax liability, which will be either based on, or influenced by, your vehicles’ WLTP values
What you need is a way to make integrating WLTP as simple as 1,2,3
We are here to do the hard work, so you don’t have to;
Our WLTP Service provides a comprehensive and secure data service that will enable your team to have exacting, up-to-date CO₂ emissions and fuel efficiency data for every make, model and trim.
At your fingertips, in seconds.
So as 1st January 2021 gets closer, there’ll be no need to panic, disrupt your business’ current processes, increase your staffing levels or even notice any increase in workload.
We can make WLTP business as usual. Find out how, here:
For more information please contact us at firstname.lastname@example.org.