According to recent findings by Alphabet GB, small and medium-sized fleets are facing difficulties in transitioning to electric vehicles.
While companies have the desire to initiate the switch to electrified vehicles, 45% of fleet managers claimed that they lack the required knowledge and time to take the crucial initial steps.
A majority of businesses that operate with smaller fleets are still in the early stages of transitioning to electric vehicles. 58% of fleet managers revealed that less than 20% of their cars have currently been electrified, with 66% of van fleet managers stating the same.
However, increasing demand from employees and approaching deadlines will prompt fleet managers to accelerate the adoption of EVs.
The team at Select Car Leasing believe that Salary Sacrifice schemes represent one of the key ways forward for those transitioning to electric vehicles.
The concept of making a salary ‘sacrifice’, to get behind the wheel of a new vehicle, is one that’s been around for several decades now.
However, the UK Government has made it incredibly attractive to use Salary Sacrifice as a means to enjoy an electric vehicle, in particular through your business or your employer.
So, if you’re thinking about swapping your petrol or diesel company car, or fleet, for an electrified one, now might be the perfect time.
Sarah Worthington, Head of Fleet Solutions at Select Car Leasing, said, “A vehicle Salary Sacrifice scheme is a great way for both employers and employees to make financial savings. Employers can see a reduction in their National Insurance Contribution (NIC) bill, while employees can save up to 40% on a brand new electric vehicle and take advantage of corporate manufacturer discounts.
“A Salary Sacrifice scheme is also a great incentive when it comes to firms being able to recruit staff.
“We believe that electric vehicles offer even greater benefits as a Salary Sacrifice vehicle, than traditional petrol or diesel cars and vans.”