Love Electric provides information on efficient electric heating, hot water, and cooking solutions for homes, emphasizing the benefits of converting from fossil fuels to electricity. The content highlights the advantages of beneficial electrification self-described.

loveelectric

Love Electric

loveelectric | 3,392 followers on LinkedIn. Making electric vehicles more attractive, more affordable and more accessible by halving your monthly car costs. | Scottish-based loveelectric is on a mission to halve the cost of motoring. So everyone can love their car, love the cost and love the planet. It’s simple.

CTO at Aretiico | Board advisor

Tim Shields

CMO at loveelectric | Board Advisor | ⚡ EV & Future Mobility Advocate | ex-Sytner Group, CarShop, Expedia, Telegraph Media Group

Leo Nelson

B2B SaaS (Software as a Service) expert

Jamie MacSween

CEO | Founder | Saltire Fellow

Steve Tigar

As the dust settles on last week’s Autumn Budget and as we continue to deal with the surprise Court of Appeal ruling on commission disclosure in motor finance, we’ve been reflecting on what this means for loveelectric and the transition to EVs in the UK. Starting with the Budget: Low Benefit in Kind (BiK) rates on EVs have been extended to 2028/29, and although employer National Insurance Contributions have been increased, EV salary sacrifice continues to provide significant savings for employees and companies with a compelling cost-neutral employee benefit. The Court of Appeal ruling on 25th October concluded that finance brokers, including car dealerships, must fully disclose both the amount and calculation of commission to consumers. We now face a situation where this ruling sets a stricter standard for commission disclosure than previously required by the Financial Conduct Authority (FCA). As a Certified B Corp, transparency has always been at the heart of how we operate at loveelectric. As a result of the ruling, we were forced to pause new orders while our lending partners took time to understand the implications of the judgment – causing a considerable disruption to our operations! Thankfully, after a whole team effort, we were back up and running within 24 hours, operating under a completely new pricing structure. For now, like the rest of the industry, we were pleased to learn that the Finance & Leasing Association (FLA) has urged the Supreme Court to review the recent Court of Appeal judgment while calling on the FCA to address a disparity between its commission disclosure rules and the court’s findings and remove the current uncertainty. As always, we’re here to keep personal mobility simple, sustainable, and affordable for UK businesses and their teams – that’s our commitment. #AutumnBudget #Commission #EVSalarySacrifice #ElectricCars #BCorp

Rachel Reeves' Autumn Budget 2024 tackles a £40bn gap in the UK’s finances – so what does this mean for companies running an EV salary sacrifice scheme? And how might today’s announcements make these schemes even smarter for businesses and employees across the UK? Here’s the scoop: ⚡ BiK Rates for EVs: The good news? BiK rates for EVs are staying low through to 2028 before rising to 7% in 2028/9 and capping at 9% in 2029/10. That means businesses and employees can feel secure in choosing salary sacrifice as a tax-efficient way to go electric. ⚡ NI Contribution Increase: Although employers' NIC has increased, the scheme remains a net benefit for businesses and is cost-neutral. Participating employees continue to save by reducing the overall amount of National Insurance they pay. ⚡ Vehicle Excise Duty (VED): VED for EVs has been frozen until 2029, ensuring choosing electric is the better financial choice than petrol or diesel. Stable BiK rates and the NI increase actually make EV salary sacrifice more appealing than ever. We’re here to help you make sense of these changes and keep electric within reach through tax-efficient, cost-neutral schemes for all. 👉 For more on what these changes mean, check out our latest blog 🔗 https://lnkd.in/e9ht7Dci #Budget2024 #EVSalarySacrifice #EmployeeBenefits #TaxEfficiency #Sustainability #NationalInsurance #ElectricVehicles #WorkplaceBenefits

⚡🚗 What an amazing weekend at FullyCharged.SHOW & Everything Electric South 2024! I had the incredible opportunity to speak on the Mega Theatre stage as part of the Ask the Expert panel, discussing loveelectric 's innovative used EV personal leasing service, and sharing how more drivers can benefit from; ⚡ Lower costs compared to new EVs ⚡ No risk of depreciation, especially considering the current volatility in the EV market ⚡ £0 deposits and no delivery fees, hidden balloon or settlement payments ⚡ All-in-one packages, including maintenance, tyres, servicing and breakdown cover ⚡ Quick delivery within 2 weeks, complete with a full and independent condition report It was a great opportunity to highlight how we’re making electric vehicles more accessible to the masses, and driving the UK towards it's Net Zero goal 🙏 A huge thank you to Everything Electric for hosting such a fantastic event, and to my colleagues Jordan , Ben , Evan , and Joel for their hard work at our exhibition stand 💚⚡ And a special shout out to Mitch , Ben and Jess for allowing me to share the stage, and of course Elliot for being a brilliant host 🙌 Looking forward to continuing our journey toward a more sustainable future through more affordable and accessible EV financing solutions 🌍🚀 #EverythingElectric #EVLeasing #Sustainability #UsedEVs #ElectricVehicles #loveelectric

Ben Nixon

Come say hi - we're on stand E30 at #EverythingElectricSOUTH ! 👋 💚 More car. Less money. reloved. That's the key message for our newly launched Personal Leasing for Used EVs. We want to make EVs accessible for everyone and #leasing a used electric car is a really affordable way to get behind the wheel. The headlines: 💆♂️ No deposit. 🛠️ Maintenance package included. 🚗 Fixed monthly fee. To mark the occasion, we're covering the cost of a 12 month lease of our used Polestar 2 for one lucky winner. Head down to stand E30 at the FullyCharged.SHOW & Everything Electric show to enter ⚡️ Want to learn more? Click here: https://lnkd.in/ef7JkQc9 #usedEVs #leasing #pch #bch #salarysacrifice

🎉 That’s a wrap on Employee Benefits Live 2024! It has been an incredible few days of pitching, connecting, and presenting at #EBL2024 , and we couldn’t be more energised for what’s next! Our highlights: ⚡ The launch of our brand-new #ZeroRisk Guarantee (watch this space! 👀 ) ⚡ Engaging with HR & Benefits Managers from across the UK on the employee and sustainability benefits of an EV salary sacrifice scheme ⚡ Watching Adam Dicker , Employee Benefits Manager at Flight Centre Travel Group , sharing how our partnership is transforming their team’s experience ⚡ Witnessing our very own Sales Director Ben Nixon leading the way on the "Engagement, Motivation, and Recognition" stage ⚡ Delivering hundreds of boomerangs to the people! We're already looking forward to what we’ll bring to Employee Benefits Live 2025 — see you there! 🚀 #EmployeeBenefits #SustainableFuture #EVRevolution #GreenMobility #HRLeadership #EmployeeExperience #SustainabilityMatters #ElectricVehicles

🎤 Yesterday, I had the pleasure of speaking in front of a packed out crowd at the annual Employee Benefits Live conference, where I introduced loveelectric ’s brand new Zero Risk Guarantee for employers 🙌 This game-changing innovation provides companies with early termination protection from the very start of the lease, covering the likes of resignations and redundancies from Day 1 🤯 The question, "What if my employee leaves?" has been the most frequently asked over the last few years, and we've now addressed it by eliminating the biggest concern around EV salary sacrifice, enabling companies to move forward with complete peace of mind at every stage 😌 It was also an honour to share the stage with Adam , the Employee Benefits Manager at Flight Centre Travel Group. Adam spoke about his experience offering loveelectric to his team, why they chose loveelectric over any other provider, and how we continue to innovate and deliver outstanding service for their employees - let's also not forget all those electrifying puns ⚡ If you’d like to know more about loveelectric’s Zero Risk Guarantee or have any questions on how we can help your team enjoy their next, greatest employee benefit, feel free to reach out 💚 #ElectricCars #EVSalarySacrifice #EmployeeBenefits #ZeroRiskGuarantee #Sustainability #loveelectric #EBLive #EBLive24

Are you at Employee Benefits Live 2024? So are we! ⚡ Come on down to stand F12 to chat with Michael Brown and Danielle Smith about our market-leading EV salary sacrifice benefit and our fresh-off-the-press Zero Risk Guarantee! #EVsalarysacrifice #employeebenefits #conference #exhibitor #events #sustainability #hr #benefits #EBL2024

🏆 The loveelectric team is delighted to have received TWO awards at the Scottish Financial Technology Awards 2024 last night. Winners of: 🚀 Best Start Up 🌏 Climate & Environmental Impact Through innovation and tangible 'quantified impact', we've been awarded the prestigious titles above, reflecting our core mission: to make EVs affordable for all. Thank you to DIGIT Events for a wonderful evening celebrating the best #fintech that Scotland has to offer 🏴󠁧󠁢󠁳󠁣󠁴󠁿 #awards #sustainability #bcorp #salarysacrifice

I’ll be speaking on stage as part of the expert panel at the upcoming FullyCharged.SHOW & Everything Electric South 🎤 Catch me at Farnborough International on Saturday 12th October 2024, where I’ll be joining the “Ask the Experts” session from 12:15-12:45, helping to demystify the process of Choosing Your First Electric Vehicle (New & Used) ⚡🚗 Even better, I’ll be there with the amazing loveelectric team 💚 We’ll be at stand E30 all weekend, where you can pop by for a chat - and get a chance to win something BIG 👀 So, whether you’re thinking about going electric or just curious, swing by and say hi 👋 #ElectricVehicles #Sustainability #EverythingElectric #loveelectric

We were delighted to chat with Adam Dicker from Flight Centre Travel Group at their recent Ride & Drive event about why they chose to work with loveelectric for their EV salary sacrifice benefit! 💚 Plus, with Employee Benefits Live 2024 just around the corner, it was wonderful to reminisce about their first impressions of our team at EBL 2022, who were dressed to the nines in bubble suits for the show. Ready to power up your employee benefits package? Visit us at stand F12 at #EBLive2024 on the 8-9th of October, or visit https://lnkd.in/gh6grHF3 to get started now! #EVSalarySacrifice #EmployeeBenefits #Sustainability #GreenTransport #ElectricVehicles #WorkplaceWellbeing #HRsolutions

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