Things to consider before ordering an EV
As a driver of a company car, the decision to switch to an electric vehicle (EV) can be an exciting but also a daunting one. There are several important factors to consider before making the switch. In this article, we'll explore some key things to think about when contemplating an EV for your next company car.
Home Charging: A Convenient Perk
One of the major benefits of owning an EV is the ability to charge at home. This can be incredibly convenient, as you can simply plug in your car overnight and wake up to a fully charged battery. However, not everyone has the option or the desire to install a home charger. If this is the case for you, you'll need to carefully plan how you'll charge your EV.
Workplace Charging: A Valuable Benefit
Just like having the ability to charge at home can be incredibly convenient, having access to workplace charging can be a game-changer for EV drivers. Many companies are now offering charging stations for their employees, allowing them to top up their vehicles during the workday. This can be especially helpful for those who don't have the option to charge at home, as it provides a reliable and accessible way to keep your EV powered up. When considering an EV for your company car, be sure to enquire about any workplace charging amenities that may be available—it could make a big difference in your day-to-day driving experience.
Public Charging: Navigating the Network
If you can't or don't want to set up a home charger, you'll need to rely on public charging stations. There are a few things to keep in mind when using public chargers:
- Ultra-Rapid Charging: These chargers often come at a premium, so be sure to plan your journeys and find charge points along your route that offer the top-up you need without breaking the bank.
- Motorway Services: Similar to fuelling up with petrol, using motorway services for charging is typically more expensive. Try to top up before setting off on longer journeys.
Fortunately, there are great resources available to help you understand the public charging landscape in your local area. Services like Zap-Map provide detailed information on charge point locations, connector types, and pricing, making it easier to plan your charging stops. By doing a bit of research upfront, you can feel confident navigating the public charging network and keeping your EV powered up on the go.
Tax Savings: A Shifting Landscape
One of the attractive features of EVs is the potential tax savings. However, it's important to note that these benefits can change over the course of your vehicle's lifecycle.
When considering an EV, take a holistic view to ensure you understand the full cost of ownership, including any tax implications. For more information on the total cost of ownership (TCO) for EVs, check out our article: Going Electric: What is the Cost?
Transitioning to an electric company car can be a significant decision, but with the right information and planning, it can be a smooth and rewarding experience. By carefully considering factors like home charging, public charging options, and tax savings, you can make an informed choice that best suits your needs and driving habits.
To get a better sense of the potential tax savings, give our handy BIK calculator a try. This tool can help you estimate the Benefit-in-Kind (BIK) tax you may owe, giving you a clearer picture of the financial implications.
