Why should you go electric?
Almost all mainstream car manufacturers now offer electric vehicles. There are currently over 100 part or fully electric vehicles available in the UK, and with the changes to the upcoming 2020/21 company car tax rates heavily favouring low emission vehicles, many fleet managers are looking at deploying electric vehicles into their fleet.
Setting up a choice list can already be a challenging task, but now trying to include electric vehicles as well can make this task even harder. At Ogilvie, we encouraged our colleagues to be early adopters so we've gained valuable experience in Electric vehicles. We can help guide you through this new technology using our collective experience of different plug-in and fully electric vehicles.
Benefits of electric vehicles
BIK Company Car Tax
Changes in Benefit-in-Kind company car tax rates for 2020/21 heavily favours electric vehicles (EVs) and Plug-In Hybrid Electric Vehicles (PHEVs). In the 2020/21 tax year, cars with emissions lower than 50 CO2 (g/Km) and a range of under 30 miles will be taxed at a rate of 12%. EV's will be taxed at a rate of 0% increasing to 1% the following year.
Cheaper to Run
Another reason to go electric is that they are cheaper to run compared to petrol and diesel cars. According to the energy saving trust, it costs only around £4 - £6 for 100 miles of charge*. A traditional petrol or diesel vehicle costs around £13 - £16 per 100 miles.
Many cities across the UK are also considering Clean Air Zones where traditional fuel vehicles are likely to be charged a fee. In many cities, EVs and PHEVs will be exempt from any charges. Learn more about Clean Air Zones.
*The cost of home charging will vary depending on your electricity rates
Better for the Environment
EV's produce ZERO CO2 during in the running of the vehicle. Emissions are still produced in the generation of electricity to charge the vehicles, however this is still up to 40% less than a traditional petrol/diesel vehicle.
Charging Point Grants
Electric vehicles need power. If you are purchasing a charger for your home, you can receive a grant from the Office for Low Emission Vehicles (OLEV) of up to £500. The grant pays towards the cost of the charger and installation.
Criteria to qualify for the grant may change so we suggest you visit the OLEV website for more information.
Additional Grant for Scottish Residents
The energy saving trust Scotland provides an additional grant of up to £300 through the Scottish Government - learn more.
To see our Electric Vehicle e-brochure click here.
*Electric vehicle range can be affected by many factors, causing the range of a vehicle to decrease. This can include weather, outside temperature, use of air-conditioning or heaters, load, driving style and city-based (stop-start) driving to name but a few. The ranges of vehicles we quote and any data we provide are derived from manufacturers data provided to us, which are usually based on optimum test conditions. You are unlikely to achieve these maximum range estimates when driving the vehicle yourself. The availability of charging points and use of a home charger are also critical factors in any electric vehicle choice that might be made. Please take in to consideration these factors when deciding if an electric vehicle is right for you.