Business

Business

There are many reasons switching your fleet or company cars to electric makes good business sense.

Government figures revealed that businesses could save over £7,000 by switching to a pure electric vehicle.

Over the three-year cycle, company car drivers could save nearly £4,000 in Benefit in Kind rates and more than £3,000 in fuel and tax savings.

And there are savings to be made with set up costs:

Plug-in car grant: providing up to £3,500 off the price of eligible cars and up to £8,000 off the price of a new electric van.

Workplace Charging Scheme: offering a grant of up to 75% of purchase and installation costs, up to a maximum of £500 for each socket, up to a maximum of 20 across all sites for each applicant.

And of course, more electric vehicles on the road will help improve air quality, particularly in urban areas.

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