While the media often discuss a lack of private interest in EVs,the impressive 47% increase in salary-sacrificed EVs from April 2023 to 2024, and the increase in company cars is often overlooked.
This scheme allows employees to save up to 40% on the cost of an EV by sacrificing part of their gross salary for a fully insured and maintained vehicle over two to four years. With favorable Benefit-in-Kind rates, this option is the most economical way to drive a new electric car, offering numerous benefits for both employees and employers.
At Lease Electric, We have provided extensive support to numerous businesses and their employees to take advantage of the salary sacrifice scheme. Lease Electric's EV Salary Sacrifice Scheme includes:
- A brand new EV for 2, 3, or 4 years
- Fully Comprehensive Insurance
- Maintenance and Tyres
- Breakdown cover
If your employer participates in the Lease Electric EV Salary Sacrifice Scheme and you're uncertain about which electric vehicles to explore, we’ve put together a list of 10 of the most popular EVs available through Salary Sacrifice. This selection includes the latest models, compact hatchbacks, and SUVs popular with our customers.
MG 4
150kW SE Long Range 64kWh 5dr Auto
Electric Range (WLTP): 281 miles
Charging 10-80% (150kW): 35 minutes
The MG 4 is a compact electric vehicle, similar in dimensions to the Volkswagen ID.3, Kia Niro, and Vauxhall Astra. The MG4 SE comes equipped with a standard 10.25" touchscreen, MG iSMART app connectivity, and MG Pilot suite of driver assistance features.
With six distinct colours available, including the striking Volcano Orange, the MG4 EV offers you the opportunity to customise your vehicle to reflect your personal style.
Net Salary Sacrifice Per Month*
20% Taxpayer: £329.63
40% Taxpayer: £277.47
Hyundai Kona
160kW N Line 65kWh 5dr Auto
Electric Range (WLTP): 282 miles
Charging 10-80% (105kW): 35 minutes
The second-generation Kona Electric shares its K3 platform with the Kia Niro EV. Comparable in size to the newly launched Kia EV3, Honda NY1, and Mazda MX-30, the Hyundai Kona is a fully electric subcompact SUV.
Key features include i-PEDAL driving mode, battery pre-conditioning, and the Regenerative Braking System 2.0Highway Driving Assist and Forward Collision-Avoidance Assist.
Additionally, the panoramic display boasts two integrated screens for a modern and user-friendly experience: a 12.3-inch infotainment touchscreen and a 12.3-inch digital cluster.
Net Salary Sacrifice Per Month*
20% Taxpayer: £379.46
40% Taxpayer: £321.74
Kia EV 6
166kW GT Line 77.4kWh 5dr Auto
Electric Range (WLTP): 328 miles
Charging 10-80% (350kW): 18 minutes
The Kia EV6 is similar in size to the Ford Mustang Mach-E and Cupra Tavascan, built on the Electric Global Modular Platform (E-GMP) like the Hyundai Ioniq 5, but with a sportier design. It features dual curved screens for a seamless interface and conncectivity.
The EV6 has various powertrain options, including a high-performance GT version for enhanced acceleration, achieving 0-62mph in 7.3 seconds.
Kia prioritises safety, equipping the EV6 with advanced driver-assistance systems such as adaptive cruise control, lane-keeping assist, and automated emergency braking.
Net Salary Sacrifice Per Month*
20% Taxpayer: £535.70
40% Taxpayer: £450.74
Genesis GV60
168kW Premium 77.4kWh 5dr Auto [Comfort / Innovation]
Electric Range (WLTP): 321 miles
Charging 10-80% (350kW): 18 minutes
Genesis is Hyundai's luxury vehicle brand. Designed from the ground up as an electric vehicle, the GV60 is a mid-size luxury crossover that utilises the E-GMP platform, which it shares with the Hyundai Ioniq 5 and Kia EV6.
You can choose from three trim levels: Premium, Sport, and Sport Plus. The entry-level GV60 Premium, which is exclusively rear-wheel drive, produces 229bhp and 350Nm of torque, allowing it to accelerate from 0 to 62mph in just 7.8 seconds.
A key benefit of a dedicated electric car platform, like that of the GV60, is the spacious interior it offers. Thanks to its extended wheelbase, the rear area features a completely flat floor, providing ample legroom for rear passengers and a generous 432-liter boot capacity. Similar in dimensions to a Tesla Model Y, BMW IX3 and the Audi Q4 e-tron.
Net Salary Sacrifice Per Month*
20% Taxpayer: £629.86
40% Taxpayer: £530.01
Polestar 2
200kW 69kWh Standard Range Single Motor 5dr
Electric Range (WLTP): 322 miles
Charging 10-80% (135kW): 34 minutes
Founded by Volvo, Polestar is a Swedish premium electric vehicle manufacturer established in 2017. The Polestar 2 is an all-electric fastback that combines Scandinavian design with advanced technology, available in standard and long-range variants.
Comparable in size to the Tesla Model 3, it features a minimalist, sustainably sourced interior and a dual-motor powertrain for impressive range. The high-tech cabin includes an infotainment system powered by Android Automotive OS, offering seamless access to Google services.
Safety is a priority, with advanced driver assistance systems like adaptive cruise control and automatic emergency braking.
Net Salary Sacrifice Per Month*
20% Taxpayer: £650.41
40% Taxpayer: £541.68
BYD Seal
230kW Design 83kWh 4dr Auto
Electric Range (WLTP): 354 miles
Charging 30-80% (150kW): 26 minutes
The Seal is the flagship model in the BYD lineup, positioned above the BYD Atto 3 and BYD Dolphin. This stylish electric vehicle competes with the likes of the Tesla Model 3, BMW i4 and the anticipated Polestar 4.
Both versions come equipped with a range of features, including 19-inch alloy wheels, heated and ventilated seats with electrical adjustments and memory function, dual-zone air conditioning, a heat pump for enhanced efficiency, adaptive cruise control, keyless entry, a touchscreen infotainment system, and parking assistance.
In terms of safety, the Seal comes with an extensive array of standard safety features, such as automatic emergency braking (AEB), blind-spot monitoring, active lane assistance, front and rear cross-traffic alerts, and traffic sign recognition.
Net Salary Sacrifice Per Month*
20% Taxpayer: £527.33
40% Taxpayer: £443
Ford Mustang Mach-e
216kW Premium 91kWh RWD 5dr Auto
Electric Range (WLTP): 372 miles
Charging 10-80% (150kW): 36 minutes
The Mustang is an iconic sports car celebrated globally, featuring in racing, films, and exhibitions. Over 60 years, it has evolved through several generations and now includes the fully electric Mustang Mach-E, which received significant upgrades in late 2023.
The Premium RWD version offers 294bhp, 525Nm of torque, and accelerates from 0-62mph in 5.6 seconds.
Despite its compact appearance, it measures between a Jaguar I-PACE and a Mercedes EQC, with a boot capacity of 402 litres, expandable to 1,420 litres when seats are folded, plus an additional 81-litre front storage compartment.
Net Salary Sacrifice Per Month*
20% Taxpayer: £537.61
40% Taxpayer: £456.91
Volvo E-C40
175kW Recharge Ultimate 69kWh 5dr Auto
Electric Range (WLTP): 302 miles
Charging 10-80% (130kW): 34 minutes
The Volvo C40 Recharge is a stylish all-electric SUV featuring a streamlined aerodynamic design, similar in size to the Hyundai Kona, BYD Atto 3, and Ford Explorer.
Launched in 2022, alongside side the XC40, this model marked the introduction of the company's first fully electric vehicle line. Initially named the C40 Recharge, it underwent significant updates in 2023 and was rebranded as the EC40 in early 2024.
The EC40 boasts Volvo's first leather-free interior, with the primary upholstery made from naturally renewable wool fibers. An alternative option combines suede textile (crafted from recycled plastic) and microtech material.
The rear offers ample space for two adults, although it may feel cramped with three. Additionally, the boot capacity mirrors that of the EX40, rated at 413 liters, along with an extra 'frunk' compartment under the hood for storing charging cables, providing an additional 31 liters of space.
Net Salary Sacrifice Per Month*
20% Taxpayer: £611.49
40% Taxpayer: £515.45
VW ID.7
210kW Match Pro 77kWh 5dr Auto - Hatchback
Electric Range (WLTP): 382 miles
Charging 10-80% (175kW): 28 minutes
The Volkswagen ID.7 is an all-electric fastback that combines performance, range, and advanced technology. Competing with the Hyundai Ioniq 6 and BMW I5.
Its sleek design is complemented by an impressive range for long journeys and fast charging capabilities. The spacious interior features heated and massaging seats, three-zone climate control, and a 15.0-inch touchscreen.
Advanced driver assistance systems enhance safety with sensors for parking, lane-keeping, and collision avoidance, while adaptive cruise control and traffic sign recognition ensure stress-free driving.
Net Salary Sacrifice Per Month*
20% Taxpayer: £527.68
40% Taxpayer: £445.54
BMW iX1
230kW xDrive30 M Sport 65kWh 5dr Auto [Tech+]
Electric Range (WLTP): 272 miles
Charging 10-80% (130kW): 29 minutes
The BMW iX1 is an all-electric version of the popular X1 SUV, designed as a compact yet versatile family vehicle inspired by the larger BMW iX. It features a powerful dual-motor system for impressive performance and a spacious, comfortable interior suitable for families. The vehicle includes advanced technology like a high-resolution display and driver assistance systems.
Its sleek exterior design boasts aerodynamic lines and signature BMW elements, such as the kidney grille and sharp LED headlights. Inside, luxury is prioritised with premium materials, ergonomic seats, and a panoramic sunroof for an open feel.
Safety is a key focus, with features like adaptive cruise control, lane-keeping assist, and automated emergency braking, ensuring peace of mind on urban streets or highways.
Net Salary Sacrifice Per Month*
20% Taxpayer: £531.51
40% Taxpayer: £452.15
*The quotes shown are estimated net costs. The cost of salary sacrifice depends upon your own personal tax position. Tax and NI rates may be subject to change at any time. Pricing is based on a 4-year Funder-Maintained Business Contract Hire agreement, covering 10,000 miles per annum. Figured based on a 40-year old with a GL3 postcode, in September 2024. Excess mileage charges will apply if contracted mileage is exceeded. Offers may be subject to stock and availability. Terms Apply.