- the average electric vehicle (EV) will cost around 5p a mile to run, compared to 10p a mile for the average conventional vehicle fuel cost
- low company car tax (or associated Employer National Insurance Contributions)
- no vehicle excise duty for pure electric vehicle below £40,000 purchase price
- full first year allowance* (FYA) – meaning organisations can offset the whole purchase cost against taxable profits in the first year
- UK Government grant – applied directly at dealerships, a discount of up to a maximum of £1,500 of the price of a new EV is currently available. For electric vans, it’s 35% (up to a maximum of £2,500 for small vans and £5,000 for large vans). For more information, visit the UK Government website
- free electricity when charging through the majority of ChargePlace Scotland’s EV charging network
- interest-free loans of up to £120,000, funded by Transport Scotland, are available to Scottish businesses to help lower their transport and travel costs
*Only businesses not taking advantage of the UK Plug-in Grants are eligible for FYA