Electric Vehicle Solutions for Business

Start your EV journey

Our one-stop-shop for business-rate electric vehicle leases, work and home charging options and discounted electricity EV tariffs

Build your infrastructure

Our modular EV charging solutions give you the flexibility to build your business’s EV infrastructure the way you want when you want.

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Why switch your business to EV?

There are both economic and environmental benefits for your business and your employees in switching to electric vehicles

Benefits as an Employer

Vehicle	P11d taxable list price of vehicle	National insurance contribution at 13.8% 2020 - 2021 (tax year)	Annual lease costs (business rates)	Fuel cost of 20,000 miles per annum	Tailpipe emissions for 20,000 miles
BMW 320d SE Auto	£33,470	£1,432	£6,027	£2,200	4,240 kg CO2 eq
Tesla Model 3 Standard Range Plus	£42,935	£0	£6,424	£800	0 g CO2 eq

Potential savings over 3 years (2020-2023): BMW 320d SE Auto vs Tesla Model 3

£7,127(1)

Savings as an employee

Vehicle	P11d taxable list price of vehicle	Company car taxation % 2020 - 2021 (tax year)	Annual taxable benefit 2020 - 2021	Benefit in Kind annual tax payable at 40% (higher rate)	Fuel cost of 6,000 miles per annum
BMW 320d SE Auto	£33,470	31%	£10,376	£4,150	£660
Tesla Model 3 Standard Range Plus	£42,935	0%	£0	£0	£240

Potential savings over three years (2020-2023): BMW 320d SE Auto vs Tesla Model 3

£13,195(2)

Potential savings for an employee on a basic rate of tax (20%) over three years, based on the above scenario:

£7,227(2)

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Join the growing electric vehicle community

Take a look at some businesses who are already making the transition to electrify their fleets and learn from their experiences

Milk & More lead the way with the UK's largest fleet

Discover how grocery delivery business Milk & More is making major changes to be more sustainable. It's removed pointless plastic from its packaging and is now the proud owner of the UK’s largest electric vehicle fleet.

Watch more adventures

It’s quick, it’s quiet, it’s clean, it’s zero-emissions – an absolute, fantastic piece of kit.

Ian Beardwell, Milkman of the Year 2018 – Milk & More

Why choose EDF for your EV solution

Experience

We installed the first EV charging points into London in 1999 and powered the EV charging network for the London 2012 Olympic and Paralympic games.

Trust

We're already trusted by a wide range of businesses to help them realize their electric future

Expertise

We have a wealth of related expertise to support you in your electric vehicle journey

Investment

We're working with key partners such as Pod Point (part of the EDF group), Nissan and DriveElectric to accelerate the EV uptake and infrastructure in the UK.

Learn more about electric vehicles for business

Office for Low Emission Vehicles grants and schemes

Notes

Caveat for employer savings calculations
Employers have to pay Class 1A National Insurance Contributions (NIC) on company cars and fuel at 13.8%
National Insurance contributions of 13.8% on the annual taxable benefit (P11D value x HMRC set company car tax %) - This assumes that the National Insurance contribution of 13.8% remains constant from 2020 - 2023
BMW 320d SE Auto 2020 model – CO2 emissions – 132g CO2eq/km : source: Next Green Car
https://www.nextgreencar.com/view-car/69369/bmw-3-series-saloon-320d-se-auto-diesel-automatic-8-speed/
CO2 emissions = 132g CO2eq/km =212g CO2eq/mile Source: International Council on Clean Transportation

Fuel cost calculation
Fuel cost for 20,000 business miles calculated at 11p per mile (diesel) or 4p per mile (Electric)
Source: HMRC Advisory Fuel Rates from March 2020
https://www.gov.uk/government/publications/advisory-fuel-rates/advisory-fuel-rates-from-1-march-2016

BMW 320d SE Auto
HMRC Company car tax rating for this vehicle is 31% for Tax years 20/21, 21/22 and 22/23
P11D cost BMW 320d SE Auto 2020 model = £33,470 (source: Parkers)
National Insurance Contribution (NIC) = £33,470 x 0.31 (31%) x 0.138 (13.8% NIC rate) = £1,431.85 = £1,432 (rounded up)
Fuel cost per year = 20,000 x £0.11 = £2,200
Lease cost per year based on 3+35 months, 20k mileage per year, inc maintenance contract – £6,027
Price correct as at 24th April 2020. Source: Drive Electric
Combined cost over 3 year lease = (£1,432 + £2,200 + £6,027) x 3 years = £28,977
Tailpipe emissions = 20,000 miles x 0.212 kg CO2 eq/m = 4,240 kg CO2eq

Tesla Model 3 Standard Range Plus
HMRC Company car tax rating for this vehicle is 0% for tax year 20/21, 1% for tax year 21/22 and 2% for tax year 22/23
P11D cost Tesla 3 Standard Range Plus = £42,935 (source: Parkers)
National Insurance Contribution (NIC) for 20/21 is £0
NIC for 21/22 is £42,935 x 0.01 (1%) x 0.138 (13.8% NIC rate) = £59.25 = £59(rounded)
NIC for 22/23 is £42935 x 0.02 (2%) x 0.138 (13.8% NIC rate) = £118.50 = £119(rounded)
Total NIC for 3 year period = £59 + £119 = £178 (rounded)
Lease cost per year based on 3+35 months, 20k mileage per year, inc maintenance contract – £6424
Price correct as at 24th April 2020. Source: Drive Electric
Fuel cost per year = 20,000 x £0.04 = £800
Combined cost over 3 year lease = £178 + ((£800+ £6,424) x 3 years) = £21,850

Scenario tax and fuel savings over 3 years: BMW 320d SE Auto vs Tesla 3 Standard Range Plus
£28,977 - £21,850 = £7127
employee savings calculations
The above employee scenario is based on an employee earning >£50,000 per year (so BIK is calculated at the higher rate of tax). For an employee earning less than £50,000 per year, on a basic rate of tax of 20%, the savings over 3 years would be £7,227
Benefit in Kind (BIK) Tax calculation
P11d value x HMRC Company Car tax rating = Annual Taxable benefit
Annual taxable benefit x Employee Higher Income Tax rate of 40% = Benefit in Kind (BiK) tax

Fuel cost calculation
Fuel cost for 6,000 personal miles calculated at 11p per mile (diesel) or 4p per mile (Electric)
Source: HMRC Advisory Fuel Rates from March 2020

BMW 320d SE Auto
CO2 emission rating – 132g CO2eq/km = HMRC Company car tax rating of 31% for Tax years 20/21, 21/22 and 22/23
Source: Next Greencar
P11D cost of BMW 320d SE Auto 2020 model = £33470 (source: Parkers)
Benefit in Kind (BiK) tax calculation = £33,470 x 0.31 (31%) x 0.4 (40% income tax bracket) = £4,150.28 = £4,150 (rounded down)
Fuel cost per year = 6,000 miles x £0.11 per mile = £660
Combined cost over 3 year lease = (£4150 + £660) x 3 years = £14,430
For employees on 20% basic rate of tax =- savings would be £33,470 x 0.31 x 0.2 = £2,075.14 = £2,075 (rounded down)
Combined cost over 3 years (2020/2023) = (£2,075 + £660) x 3 = £8,205

Tesla Model 3 Standard Range Plus
HMRC Company car tax rating for this vehicle is 0% for tax year 20/21, 1% for tax year 21/22 and 2%
for tax year 22/23
Source: Next Greencar

P11D cost Tesla 3 Standard Range Plus = £42935 (source: Parkers)
BIK for 20/21 is £0
BIK for 21/22 is £42,935 x 0.01 (1%) x 0.4 (40% income tax bracket) = £171.74 = £172 (rounded up)
BIK for 22/23 is £42,935 x 0.02 (2%) x 0.4 (40% income tax bracket) = £343.48 = £343 (rounded down)
Total BiK = £515
Fuel cost per year = 6000 miles x £0.04 per mile = £240
Combined cost over 3 year lease = £515 + (£240 x 3years) = £1,235.22 = £1,235 (rounded up)
Scenario tax and fuel savings over 3 years BMW 320d SE Auto vs Tesla 3 Standard Range Plus
£14,430 - £1,235 = £13,195
For employees on 20% basic rate of tax - savings would be:
BIK for 20/21 is £0
BIK for 21/22 is £42,935 x 0.01 (1%) x 0.2 (20% income tax bracket) = £85.87 = £86 (rounded up)
BIK for 22/23 is £42,935 x 0.02 (2%) x 0.2 (2% income tax bracket) = £171.74 = £172 (rounded up)
Total BiK = £258
Combined cost over 3 year lease = £258 + (£240 x 3 years) = £978

Basic rate of tax employee - Scenario tax and fuel savings over 3 years BMW 320d SE Auto vs Tesla 3 Standard Range Plus
£8,205 - £978 = £7,227

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