Is Octopus EV the Best EV Salary Sacrifice Scheme for you?

Electric vehicle (EV) salary sacrifice schemes are revolutionising employee benefits, offering a greener, smarter alternative to traditional car leasing. Supercharging your employee benefits with an electric vehicle salary sacrifice scheme is an exciting opportunity, so it’s important to find the right match for your business. There are plenty of providers out there who claim to do EV salary sacrifice the best, but how many optimise your work hours so you and your enterprise can get more done in a day? Whether you’re an employer or an employee, Octopus EV simplifies your time in and out of the vehicle, while delivering immense value through insurance, free miles, maintenance, and flexible contract terms. Let’s dive deeper into our scheme and how our digital-first approach and tailored tools make your life a breeze.

Something that sets Octopus EV apart from other providers is our comprehensive package, designed to cover all aspects of EV ownership. This all-inclusive deal includes everything from insurance to servicing, which means employees can get behind the wheel of an electric vehicle without the usual headaches associated with car ownership. We’ve also thrown in a couple more perks, allowing customers to benefit from reduced income tax and National Insurance contributions. It’s also completely free for your company to join. What’s not to love?

• The whole package from Octopus
• License checking plus fully comprehensive insurance: Our package comes with fully comprehensive insurance, ensuring that the vehicle and driver are protected without the need for additional GAP insurance. This saves both time and money, as drivers don’t have to worry about the market value versus the leasing risk of the vehicle.
• Free to Set Up: For employers, there’s no setup cost to implement the salary sacrifice scheme, making it an easy win for any company wanting to boost its employee benefits.
• Home or on-the-road charging deals
• First 4,000 miles free: Employees get their first 4,000 miles of energy for free, whether they have a home charging point using Octopus Energy’s Intelligent Octopus Go tariff or on the public charging network.
• Maintenance, MOT, and Repairs: We’ll keep your car in tip-top condition with servicing, maintenance and repairs included. From tyre replacement to your MOT, we have it covered.
• AA Breakdown cover

We’ll help everyone to find the right fit: To keep employees engaged and excited, Octopus EV offers webinars, and even drive days so that your team can adapt and experience EV’s in the safest way.

If you’re thinking we’re too good to be true, transparency is at the heart of our service, take a look at our customer reviews and 4.8* Trustpilot rating to gather reassurance that we will deliver on our promises.

Let’s dive deeper into how their digital-first approach and tailored tools make managing your scheme easier, getting you valuable hours back for your business. Octopus EV’s salary sacrifice scheme is designed to be straightforward for everyone involved so our tools provide everything you might need to manage the scheme effectively.

Employers can manage the scheme seamlessly through a digital HR dashboard that allows them to track employee orders and monitor how much CO2 their team is saving. This transparency helps businesses showcase their commitment to sustainability while keeping track of essential data, all from just a few clicks.

Once the EV is delivered, employees can access everything they need through their My Account dashboard, where they’ll find support for their new vehicle, helping them get started right away.

Employees can explore their EV options and place an order in just a few clicks through an intuitive online quote tool. The system ensures you are well-informed about the vehicle choices and costs, making it easy to find the perfect car. Once ordered, you can track its progress instead of your workplace, reducing work hours spent on internal communications.

Understanding that life can change, Octopus EV offers flexible contract terms. In cases like parental leave or long-term sick leave, employees can even keep their vehicle without having to return it, at no extra cost. We'll work with you to agree how many cars you can return early and always aim to be flexible, to give you peace of mind.

Where the lease agreement has been active for 6 months, and in the following scenarios, an employee can return the car early with no early termination charge:

• Dismissal
• Resignation & Redundancy (including voluntary)
• Extended parental leave & long-term sick leave
• Loss of licence due to medical reasons
• Accidental death

For those on unpaid parental leave or long-term sick leave, employees can even keep the car for up to 12 months or 3 months respectively, free of charge.

Octopus EV includes some cover as part of their package, allowing businesses to return up to 10 cars per year or 10% of their fleet without any penalties, regardless of the vehicle’s value. This flexibility makes it easy for companies to manage their fleets without worrying about hidden costs, unlike other providers that impose value caps or extra charges.

Octopus EV is dedicated to delivering a personalised leasing experience for businesses and employees, ensuring that the scheme fits the unique needs of each company. By working with leading manufacturers like BYD and MG, they provide access to the latest electric vehicle models. Octopus EV takes a bespoke approach, offering tailored solutions to meet the diverse needs of businesses, whether it’s determining the number of vehicles needed or selecting the most suitable models. Their commitment to personalisation ensures that each customer receives the right EV for their requirements, making it a seamless and customised experience from start to finish.

Octopus EV delivers an exciting, all-in-one salary sacrifice scheme that makes going electric easy and stress-free for both businesses and employees. Packed with benefits like insurance, maintenance, flexible contracts, and personalised leasing options, Octopus EV takes care of everything, giving you total peace of mind and great value. Our smart digital tools automate manual tasks freeing up valuable time in your work schedule. Whether you’re an employer looking to supercharge your perks or an employee after a hassle-free EV experience, Octopus EV is the flexible, transparent, and tailored solution you’ve been looking for.

Find out more about EV Salary Sacrifice.