FUTURE OF FLEET > SALARY SACRIFICE
EVs for the many, not the few
By Paul Gilshan, CEO, Tusker
Here at Tusker, we’ve seen a real shift in 2023 in the mass market adopting EVs. The fleet has grown to more than 35,000 vehicles – an increase of almost 10,000 in just a year. With more than 80% of those vehicles pure EV, the adoption of electric cars is continuing to gather pace.
Manufacturers are now producing EVs at lower price points, so the market is opening up to more and more drivers as they now have a wider choice of more affordable vehicles. Especially those which we have in stock – which can sometimes be hundreds of makes and models; it’s helping more people get not only a new car, but a new EV, often for the first time.
Salary sacrifice continues to lead the way in delivering new EVs into the marketplace and the price points for lots of Tusker’s vehicles are now affordable for lower-rate taxpayers. As a result, the company is finding that more and more people are making the switch, with no impact being felt of the Government decision to push the deadline for new vehicles to only be EV back to 2035.
Electric vehicles within reach for more drivers
Looking into the future, we expect the trend that we have seen throughout 2023 to continue into 2024. More cars are going to be available for those on lower salaries, from both new and existing manufacturers, as well as electric ranges increasing to compete with traditional petrol or diesel cars to combat any remaining range anxiety.
EVs are definitely more of a mass- market product now, rather than something that only a few people were willing to trial, which we will also continue to see throughout 2024 and beyond.
For organisations that are looking carefully at their fleets, as sustainability continues to be a focus, the salary sacrifice scheme can help meet scope three emissions targets. Tusker’s scheme fully offsets emissions for vehicles and their charging, which is clearly a desirable scenario for all concerned. With a wealth of lifestyle protections in place for employees and employers, risks are mitigated by a company with more than 15 years’ experience and over 170 customer organisations on its books.
Tusker’s scheme continues to offer peace of mind for the driver, with insurance, servicing, maintenance, replacement tyres and breakdown cover all included.
Electric vehicles within reach for more drivers
Looking into the future, we expect the trend that we have seen throughout 2023 to continue into 2024. More cars are going to be available for those on lower salaries, from both new and existing manufacturers, as well as electric ranges increasing to compete with traditional petrol or diesel cars to combat any remaining range anxiety.
EVs are definitely more of a mass- market product now, rather than something that only a few people were willing to trial, which we will also continue to see throughout 2024 and beyond.
For organisations that are looking carefully at their fleets, as sustainability continues to be a focus, the salary sacrifice scheme can help meet scope three emissions targets. Tusker’s scheme fully offsets emissions for vehicles and their charging, which is clearly a desirable scenario for all concerned. With a wealth of lifestyle protections in place for employees and employers, risks are mitigated by a company with more than 15 years’ experience and over 170 customer organisations on its books.
Tusker’s scheme continues to offer peace of mind for the driver, with insurance, servicing, maintenance, replacement tyres and breakdown cover all included.
