Electric Vehicle Guide

Summary – UK government encouraging transition to electric vehicles to reduce carbon emissions – Changes in Benefit-in-Kind (BIK) rates to make EVs more tax-efficient – Enhanced employer incentives including tax relief on EV charging infrastructure – Reduction in National Insurance contributions for employees in certain brackets – Overall, measures to…

Summary – Vehicles shown for illustration purposes, subject to finance approval and availability – Fleetdrive Management Ltd is authorised and regulated by the Financial Conduct Authority – Act as a Credit Broker for regulated leasing business and insurance intermediary for salary sacrifice schemes – Commission earned from finance providers and…

Summary – Decarbonisation involves reducing greenhouse gas emissions such as CO₂, CH₄, and N₂O – The focus is on transitioning away from fossil fuels towards cleaner energy sources – It is aimed at combating climate change and reducing the environmental impact of human activities – Decarbonisation efforts require systemic changes…

Summary – EV Salary Sacrifice is a scheme where employees give up a portion of their pre-tax salary in exchange for an electric vehicle – The scheme can lead to significant tax savings for employees and helps promote sustainable commuting – Employers benefit by enhancing their benefits package, improving green…

Summary – Electric vehicles come in various shapes and sizes, with different architecture options for manufacturing, including battery types, capacity, and motor placement. – Car manufacturers can choose between building an EV on a 400V platform or 800V platform, with the V representing volts and the potential for passing electricity…

If you already have solar panels installed on your home, you can easily use them to charge your electric vehicle (EV) by adding a domestic solar photovoltaic system (solar PV) along with a solar charger cable for the car’s battery. By connecting your existing EV charger to your solar panel…

Foggy conditions can greatly reduce visibility on the roads, making it crucial for drivers to take extra precautions to ensure their safety and the safety of others. One of the top tips for safe driving in fog is to use your headlights appropriately. It is important to use low-beam headlights…

Salary sacrifice is a tax-efficient way for employees to reduce their income and stay within a lower tax bracket. For example, someone earning £52,000 a year can opt to lease an electric vehicle through their employer’s scheme for around £350 a month. Not only does this cut costs compared to…

Fleetdrive Management Ltd offers electric vehicles for lease through its trading style, ‘DriveElectric’. The company is authorized and regulated by the Financial Conduct Authority, acting as a Credit Broker for regulated leasing business. They work with a limited number of lenders and may receive a commission based on the amount…

In today’s competitive market, reducing Scope 3 emissions is crucial for driving business growth. With the rise of electric vehicles (EVs), businesses have an opportunity to make a significant impact on their carbon footprint and work towards achieving net zero emissions. While smaller organizations may feel at a disadvantage when…