About Love Electric
Love Electric (loveelectric) is a UK electric car salary sacrifice provider that launched in 2021 and is a certified B Corp. In December 2025, Perkbox announced its acquisition of the business, bringing EV salary sacrifice into the Perkbox benefits platform.
The scheme covers new and used EVs with comprehensive insurance, maintenance, breakdown and an optional home charger installation. Early-termination protection is included as standard, with an optional enhanced Zero Risk Guarantee for employers that want to remove residual risk entirely.
Based in Edinburgh, Love Electric works with over 1,500 employers and is strongly SME-focused, with clients spanning multiple sectors.
What's included
New and used EVs
A range of new and used electric vehicles, with savings of up to around 60% versus a personal lease.
Zero Risk Guarantee
An optional enhanced protection tier that removes residual employer risk on early termination, on top of standard cover.
All-inclusive lease
Comprehensive insurance, servicing, maintenance, breakdown, tyres and accident management included.
Perkbox integration
Now part of the Perkbox benefits platform following the December 2025 acquisition.
Who it's for
Pricing approach
Free for the employer to set up and run, funded by employee salary sacrifice, with employer National Insurance savings.
Employee savings depend on salary and vehicle; obtain a quote via Love Electric.
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Information on this page is editorial, gathered from public sources and provider materials, and does not constitute financial advice or a recommendation. For a quote, contact Love Electric directly or speak to an FCA-authorised broker. PerkIQ is not a Love Electric reseller and earns no commission on provider sign-ups.
