An electric car offers lots of advantages for contractors, self-employed and small businesses, from simple running and maintenance costs to tax benefits and with an increase of between 50% and 150% sales in Europe this year alone, the attraction of ultra-low cost electrical travel has seriously started to raise its game.
At a glance, Kudos Vehicle Management share some of the main benefits and advantages to you and your business:
Fuel economy: When it comes to efficiency, battery-powered vehicles are the clear winner and have significantly lower running costs. The lifetime running costs of an electric or plug-in hybrid vehicle will be of great interest to potential purchasers hoping to offset the higher initial purchase price against lower running costs.
Tax benefits for business: The current tax treatment of electric vehicles has huge benefits to contractors and offers a number of tax exemptions. A current list can be accessed through the Office for Low Emission Vehicles (Department of Transport) at the attached link:
Gov.uk
Performance and maintenance: There is often a misconception that electric vehicles are slower than fuel-powered cars and nothing can be further from the truth. Most electric vehicles available on the market today have a typical range of over 100 miles – the Peugeot 3008 Hybrid4 has a range of approximately 400 miles! They are also easier to keep in good condition and this is a considerable cost saving, especially as cars get older.
Reduced carbon footprint: With a clearer consideration for the environment, electric cars are 100% eco-friendly and don’t emit tailpipe pollutants. You’ll be contributing to a green and healthier climate! Renault won awards for their green credentials with the launch of the Renault Twizy electric car and van range.
Reduced Noise Pollution: Electric cars put curb on noise pollution as they are much quieter. Electric motors are capable of providing smooth drive with higher acceleration over longer distances.
Stylish design: Today’s electric cars are every bit as stylish as their fuel-powered equivalents and often lead the way in innovative design. The world’s leading manufacturers have come up with a diverse range of electric and hybrid cars that deliver exceptional style while hitting all the right notes in efficiency. Take a look at the Nissan Leaf and Tesla Roadster!
Plug-in car and van grants: Significant grants, of up to £5000 off the price of a new electric car and up to £8000 off the price of a new electric van, are available. The grant is automatically deducted from the retail price when an eligible vehicle is purchased, so there is no additional paperwork to complete, and there’s no need to pay the full retail price and then reclaim the benefit.
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