Categories  /  EV Salary Sacrifice  /  Love Electric

Love Electric

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Information

About Love Electric

Love Electric is a UK-based company specializing in electric vehicle (EV) salary sacrifice schemes, aiming to make electric cars more accessible and affordable for both businesses and their employees. They offer comprehensive packages that include insurance, maintenance, and roadside assistance, allowing employees to lease electric vehicles through salary sacrifice arrangements.

Company Info
Social Media
LinkedIn  ·  X/Twitter  ·  Instagram
Year Founded
2021
Headquarters
Edinburgh, United Kingdom
Company Size
11–50

Perkwise Insight

Overview

Love Electric is a specialised employee benefits provider that focuses exclusively on delivering electric vehicle (EV) salary sacrifice schemes for UK businesses. Unlike general benefits platforms, Loveelectric has built a niche solution that helps companies offer their employees access to brand new electric vehicles at significantly reduced costs through tax-efficient salary sacrifice arrangements.

Best For

UK-based businesses of all sizes looking to offer electric vehicle benefits

Pricing

Multiple options, contact for more information

Customers

Over 1,000 customers including Zoe, Clearscore, The Economist and Fenwick

Pros
Risk mitigation focus
The company offers built-in protections like early termination insurance and comprehensive maintenance packages that eliminate common concerns with vehicle benefit programs.
Significant cost savings for employees
Full-service implementation
Cons
UK market limitation
More Info

Key Features & Benefits

Comprehensive Salary Sacrifice Management

What It Does

Handles all aspects of setting up and maintaining a compliant salary sacrifice arrangement for electric vehicles.

Why It Matters

Removes the administrative burden from HR teams while ensuring the program remains fully compliant with HMRC regulations, eliminating tax risks for employers.

Digital EV Platform

What It Does

Provides an intuitive online platform where employees can browse available vehicles, compare models, calculate potential savings, and manage their applications.

Why It Matters

Creates a consumer-grade experience for employees that drives engagement and simplifies what could otherwise be a complex benefit to understand.

Carbon Saving Analytics

What It Does

Tracks and reports on carbon reduction achieved through the EV program.

Why It Matters

Provides tangible metrics for corporate sustainability reports and helps companies demonstrate progress toward environmental goals, enhancing the strategic value of the benefit.

Implementation & Support

Setup Process

The implementation process includes platform customisation, policy development, communication planning, and employee launch. Love Electric manages most of this process, requiring minimal time investment from HR teams.

Technical Requirements

The platform is cloud-based with no special technical requirements beyond standard web browsers. Single sign-on options are available for larger organisations, though not required. The employee-facing portal is fully mobile-responsive, allowing staff to explore vehicles on any device.

Support Options

  • Dedicated account manager for HR/benefits teams
  • UK-based help desk for employee queries (phone, email, chat)
  • Extensive documentation and FAQs
  • Regular service review meetings

Alternatives

Other EV Salary Sacrifice Vendors