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Company car drivers want electric cars

Some 70% of UK employees think their employers should offer electric company cars, and two-thirds would be happy to drive one...

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Employees are keener than ever for their employers to take action on environmental issues, according to research by Go Ultra Low, the joint government and industry organisation to promote electric vehicles. 

It found that 70% of employees want their companies to offer them electric vehicles (EVs) as well as more conventionally powered company cars, and that 63% of people would choose an EV as a company car if it was an option. The reduced running costs of EVs were cited as the most appealing factor of 60% of company car drivers and environmental benefits were the most important aspect to 53%. 

The research was carried out soon after the Government reduced the benefit-kind (BIK) tax rate for pure electric cars from the standard rate of 16% to 0% in April 2020. This change could save company car drivers more than £19,000 in BIK tax over three years if they chose an electric Peugeot 208 rather than a 1.2 petrol model. 

However, only 25% of employees knew about the changes to BIK tax, according to the survey, but once they were made aware of it, 42% agreed that it was a positive way to encourage the take-up of EVs.  

2020 Skoda Superb iV charging

Employees are also keen to have EV charging points installed at their workplaces; 30% of those surveyed think this would be a positive move, and 31% would like to see EV carpooling introduced. 

Poppy Welch, head of Go Ultra Low, said: "Everyone is trying to be that little bit more eco-friendly right now, but it can be tricky when it's out of your hands. Our research shows that EVs offer a popular solution for companies looking to reduce their environmental footprint and satisfy their workers' concerns.

“Recent changes to BIK tax means EVs offer low-hanging fruit to employers looking to enhance their company’s green credentials. From their reduced environmental impact to the savings you can make on fuel, tax and maintenance costs, EVs bring significant benefits,” she added. 

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