Electric vehicle (EV) salary sacrifice company loveelectric.cars, and Hypervolt, a leading British charging brand, have announced a new partnership. The collaboration will save new electric car drivers more on a new home charger than the UK Government’s phased-out OZEV (Office for Zero Emission Vehicles) £350 grant that came to an end in March 2022.
Edinburgh-based loveelectric.cars are on a mission to make electric motoring affordable, allowing drivers to get up to 60 per cent off on the latest electric vehicles. This means people can drive a zero emissions electric car at a great price while caring for the planet.
Hypervolt’s smart and neatly-designed charger is now available for loveelectric.cars customers to roll into their EV order and will save the average customer over £500. The collaboration will ensure that getting a new electric car and charger is simple, accessible and affordable for drivers across the UK.
This new partnership is one of the first of its kind as drivers can now get both a new electric vehicle and smart charger through salary sacrifice. In exchange for a small portion of their gross monthly salary, drivers get a brand-new electric car and charger. This leads to savings on National Insurance contributions and Income Tax.
For Hypervolt and loveelectric.cars’ customers, this means that they can save up to 60 per cent on the cost of a new electric vehicle and save over 50 per cent on a fully installed home charger. This is a big saving and a great way of driving an electric car without the huge layout when buying a new one at retail price.
Steve Tigar, loveelectric.cars CEO, said, “Our partnership with Hypervolt is a game changer for our customers and the EV market. We created loveelectric.cars to ensure electric cars are accessible and affordable for people across the UK. With Hypervolt, we’ve supercharged this offering by ensuring our drivers can access state-of-the-art, affordable chargers, too.
“The loss of the OZEV £350 grant towards home chargers was felt across the market and has held the UK’s transition to green transport back. Alongside Hypervolt, we’re so excited to offer our customers this huge saving that will ensure that more people can afford to make the jump to electric.”
The charger comes with access to Hypervolt’s app, allowing users to schedule their EV charging sessions to access cheaper off-peak energy tariffs, integrate with solar and other smart home features, and track their energy usage and expenditure.
David Woodford, Hypervolt head of partnerships, said, “March 2023 is a big month for us as we celebrate the second anniversary since launch. Having this occasion coincide with the announcement of our partnership with loveelectric.cars makes this milestone even more special.
“We’re obsessive about the customer experience, and what we’ve built with loveelectric.cars brings absolute simplicity and clarity to the EV buying journey, from end-to-end.
“Disruptors like to work with disruptors, and we are both extremely excited and highly motivated for our two burgeoning brands to roll out this one-stop-shop for EVs.”
Tigar concluded: “Salary sacrifice is a game changer for the electric revolution and finding a charging partner who can also access those savings has been a priority for us for some time.
“We’re so excited to work with Hypervolt to help employees across the UK make their salaries go as far as possible – and build together towards a green future.”