Octopus EV speeds past £1 billion electric car funding
Funds from this deal will play a pivotal role in financing Octopus’ flagship EV salary sacrifice programme. Launched in 2021, this scheme empowers drivers to save 30-40% each month on
Funds from this deal will play a pivotal role in financing Octopus’ flagship EV salary sacrifice programme. Launched in 2021, this scheme empowers drivers to save 30-40% each month on
As the sal sac fleet expands quickly, you could lose control of it. Employees choosing sal sac might have come out of private cars, and so this is their first
Making the full expensing capital allowance tax scheme, introduced in the last Budget, permanent certainly comes as welcome news, helping to support many fleets’ bottom line, along with the transition
Business sees lead times coming down to much more manageable levels across the board as manufacturers not only increase the supply of EVs to the market, but also expand the
A study into EV adoption in the UK, for example, published in association with a consortium of leading automotive experts, revealed that despite current adoption being higher among older drivers,
While the average mileage driven per week has risen to between 100-200 miles per week in 2023, this has not dented the positive perception of EV range. 60% of drivers
UK drivers’ ability to afford vehicle maintenance is compromising the safety of drivers and other road users – and for businesses, it’s increasing grey fleet risk – with the research
While slightly down on previous years, the fact that almost a third of UK fleets are expecting growth in car and van numbers over the next three years feels quite
Some 55% of employees said that they would not have opted for an electric car had it not been provided through a salary sacrifice car scheme, while factors that informed
Available via a new app, which is free to all customers, ReturnCheck is intended to remove the risk of the employee handing back a damaged car after their final salary
Hosted by Andrew Leech, founder and managing director at the EV salary sacrifice and fleet management specialist, who has over a decade’s experience of running an electric car himself, the
From increased costs and supply chain delays to upcoming net zero deadlines and regulatory changes, 2022 presented businesses with another year of turbulence and complexity. Fleet decision-makers have been faced
While research has found that the transition for many fleets is underway, 29% of businesses state that half or less of their company car fleets will be electric vehicles (EVs)
Report shows how financial incentives offered by Government worked. The zero Road Fund Licence, and the 2% BiK rate applied to EVs since 2019 has accelerated the growth in uptake of
Affordability is being additionally affected by wider economic conditions when people feel their personal finances are increasingly under pressure. There’s a potential question emerging about whether businesses should even be
The additions include 60 new electric-driven VN5 vans from LEVC (London Electric Vehicle Company): an award-winning electric van model with an onboard range extender. These vehicles join 10 LEVC VN5
Spencer joined CBVC Vehicle Management last year, starting first on the company’s Leasing Gorilla brand before progressing quickly to Sales Manager and then Head of Salary Sacrifice in August. Prior
Free to view, the first webinar, Fighting the Cost of Living Crisis, reveals innovative ways to help businesses cut costs and reduce stress at a time when inflation is at
Fleet Alliance said it is seeing huge uptake of its new salary sacrifice scheme. Since its launch at the start of this year, some 54 companies have taken advantage of the
There is a misconception that salary sacrifice car schemes are for the more highly paid employees who are paying tax at 40%, but in reality, the ones they really benefit
Business Motoring is the motoring resource for small businesses and SME small fleets running company cars and business cars. We can help with questions about car leasing, company car tax, business mileage, writing down and leasing allowances, and all the other detail you need to know about running a car on the business. As well as this, we have the latest car news, company car taxation news and car reviews to help you make the right choice for your next company car, along with special car leasing offers to help you get the right business car leasing deal.
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