Octopus EV

Save your employees up to 40% on the cost of driving an electric car with our salary sacrifice scheme.

How does it work?

Octopus Electric Vehicles salary sacrifice scheme is an employee benefit that allows your team to access a range of electric vehicles with no upfront cost.

As the employer, you lease the car package on behalf of your employee. Your team member gets to drive a brand-new electric car using part of their gross salary - making savings on Income Tax and National Insurance.

Employees will pay a small amount of company car tax (Benefit in Kind), which is a fraction of the cost of their hybrid, petrol or diesel counterparts, making EVs a financial no-brainer!!

It’s win, win. You get to supercharge your employee benefits package while supporting your journey to net zero - PLUS your team can make some huge savings.

It costs nothing to set up and is easy to run. No catch. Just great value. And yes, it’s open to businesses of all shapes and sizes.

Why is salary sacrifice great for employers?

• Hit your net zero targets.
  • Become more sustainable and reward your teams at the same time. Just one EV can help save 1.7 tonnes of CO2 per year which is equivalent to a return flight from London to Perth! Many businesses have utilised Octopus EVs salary sacrifice scheme in their carbon reports to get certifications and help hit their environmental targets.
• Attract and retain the best people.
  • 75% of employees say they’re more likely to continue working for an organisation that helps them contribute to a greener planet - Octopus EVs scheme provides a climate conscious choice for your employees.
• Pay less National Insurance.
  • Your business saves on National Insurance, which you can opt to put back into the scheme or invest in wider benefits!
• Early-termination protection.
  • Octopus EV knows things can change, so they give flexibility if someone leaves the company or doesn’t need the vehicle anymore due to life events.
• Hassle free scheme.
  • Through Octopus EV's dedicated HR dashboard and employee quote tools, the scheme is easy to launch and administer. Their digital tools can plug into whatever systems you have for employee benefits and you always have support from an Account Manager.

Why is Octopus EV salary sacrifice great for employees?

• Make big savings on the whole EV package.
  • Remove the need for third parties and get your car, charger and energy all in one deal from Octopus EV. Save up to 40% through salary sacrifice, and get your insurance, servicing and tyres thrown in too.
• Free home charger and exclusive tariff
  • If your team have off-street parking, Octopus EV will throw in a free home charger, 4,000 free miles of electricity and an extra 1p off overnight rates if you switch to Intelligent Octopus Go - EV Saver.
• Easy public charging
  • If your team will be charging on the road they can take advantage of  Electroverse. Octopus EV will top up your public charging card with 4,000 free miles.
• Simple and hassle free ordering
  • Dedicated EV specialists to help your team every step of the way as well as Octopus EVs state of the art dedicated quoting tool.
• 4.8 star customer service
  • Not only do Octopus EV have a 4.8 star rated EV salary sacrifice scheme on Trustpilot, but they’re part of Octopus Energy Group, the UK’s largest and most awarded energy supplier. They have learnt from the best at Octopus EV.
• All employees get access to renewable energy offers
  • Just for a company signing up to Octopus EV salary sacrifice scheme, ALL employees get access to £500 extra discount on solar or heat pump home installations via Octopus Energy.
• Nearly new EVs
  • Octopus EV offers 2nd hand EVs to make it even more affordable and sustainable to get behind the wheel.

In summary, businesses get more with Octopus Electric Vehicles. Their salary sacrifice scheme is free to join, simple to run and offers employees the whole EV package.

Pricing

£8.00 (example)

Learn more about Octopus EV

Get the information you need by speaking to a benefits consultant.