Categories  /  EV Salary Sacrifice  /  Love Electric

Love Electric

Website
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

Vendor

Description

Best For
Pricing
Customers
Key Features
Website
Profile
Love Electric

Love Electric is a UK-based company specialising in electric vehicle (EV) salary sacrifice schemes, aiming to make electric cars more accessible and affordable for both businesses and their employees.

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

Multiple options, contact for more information

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

  • ·  Comprehensive Salary Sacrifice Management
  • ·  Digital EV Platform
  • ·  Carbon Saving Analytics
Ayvens

Ayvens is a leading mobility solutions provider offering comprehensive vehicle leasing and fleet management services through salary sacrifice arrangements.

Medium to large enterprises looking to enhance benefits packages with sustainable mobility options

Multiple options, contact for more information

Fleet of 3.4 million vehicles across 42 countries

  • ·  Salary Sacrifice Vehicle Scheme
  • ·  Sustainable Mobility Options
  • ·  Digital Management Platform
Fleet Evolution

Fleet Evolution is a UK-based company specialising in electric vehicle (EV) salary sacrifice schemes and fleet management services.

UK-based SMEs and mid-market companies looking to offer sustainable employee benefits

Multiple options, contact for more information

Over 600 customers

  • ·  Comprehensive EV Salary Sacrifice Schemes
  • ·  End-to-End Fleet Management
  • ·  Dedicated Account Management
Octopus EV

Octopus Electric Vehicles is a UK-based company specialising in electric vehicle (EV) leasing and services.

Companies with at least 20 employees looking to offer EV benefits

Multiple options, contact for more information

Over 5,500 customers including Dyson, Huel, Purple Bricks and Greene King

  • ·  Salary Sacrifice Scheme
  • ·  Comprehensive Vehicle Selection
  • ·  Home Charging Installation
  • ·  Employer Dashboard & Analytics
The Electric Car Scheme

The Electric Car Scheme is a UK-based company that facilitates salary sacrifice programs, enabling employees to lease electric vehicles (EVs) through their employers at reduced costs.

SMEs looking to add a sustainable, cost-effective benefit

Multiple options, contact for more information

Customers include Holland & Barrett and Time Out

  • ·  Employee Savings Calculator
  • ·  Employer Dashboard
  • ·  All-Inclusive Package
Tusker

A part of Lloyds Banking Group, Tusker are an award winning car leasing company who have been providing company car and tax efficient car benefit schemes for over 15 years.

Medium to large UK companies seeking to reduce their carbon footprint while offering attractive benefits

Multiple options, contact for more information

Undisclosed

  • ·  End-to-End Scheme Management
  • ·  Digital Platform
  • ·  Comprehensive Risk Management
WeVee

WeVee is a UK-based company specialising in electric vehicle (EV) leasing and salary sacrifice schemes.

SMEs looking to implement sustainable transport benefits

Multiple options, contact for more information

Customers include Joseph Joseph, Honest Burgers, Mindful Chef and Proper Snacks

  • ·  EV Salary Sacrifice Scheme
  • ·  Fleet Management Dashboard
  • ·  Carbon Reduction Reporting
Zenith

Zenith is the UK's leading independent leasing, fleet management, and vehicle outsourcing company.

Mid-size to large organisations seeking a comprehensive EV salary sacrifice scheme

Multiple options, contact for more information

Undisclosed

  • ·  Comprehensive Salary Sacrifice Scheme
  • ·  All-Inclusive Vehicle Packages
  • ·  Comprehensive Risk Protection