Electric vehicle lease company loveelectric (loveelectric.cars) has announced a partnership with clean energy solutions provider Egg (www.crackingenergy.com) to help UK customers install affordable home EV charge points.
Now, loveelectric customers purchasing their fast home EV charger from Egg will receive the Egg Plus aftercare plan completely free of charge for three years.
Egg Plus offers a full repair-or-replace promise, giving drivers peace of mind that if something should go wrong with their charger – whether hardware or electrics – Egg will take care of it.
loveelectric works with a market-leading number of leasing agents across the UK and uses a government-backed employee EV benefit to offer employees affordable leases for new electric cars.
Working with hundreds of UK businesses, loveelectric drivers sacrifice a small proportion of their gross salary and in return save up to 60% on the lease of a new, fully electric car. loveelectric drivers receive inclusive comprehensive insurance, maintenance and servicing – all while reducing their monthly tax and National Insurance contributions.
“We’re on a mission to make driving accessible and affordable for all,” said Steve Tigar, founder and CEO of loveelectric.
“Working with Egg helps us do just that: their cracking chargers are affordable and fuss-free, meaning our drivers are always charged up and ready to roll. Egg’s smart charging capabilities give our drivers the tools and information to make energy-savvy choices that can reduce the cost of charging at home. Our partnership will ensure that more people can afford to switch to electric – accelerating the UK’s progress to net-zero.”
Egg’s 7.2 kw fast home charger comes with standard installation included in the price and is compatible with all EVs. Customers can get an untethered Egg charger for £882 upfront or choose to spread the cost into 36 monthly installments of £24.50 with 0% APR.
loveelectric will then cover the £3 per month cost for the Egg Plus repair-or-replace promise, representing a saving of £108 over the 36-month plan.
“We are proud to partner with loveelectric whose 100% electric stock demonstrates its commitment to the electrification of driving,” added Gareth Greppellini, Commercial, Marketing and Sales Director of Egg.
“Our brands are aligned on making the switch to EVs as simple and accessible as possible. We also admire loveelectric’s commitment to supporting Asthma UK’s Clean Air campaign, its contribution towards environmental regeneration and its creation of employment opportunities for young people.”
With the emissions net tightening around major cities, more drivers are expected to look to electric cars as a way to save significantly on commuting costs. Clean Air Zones will operate in at least eight UK cities in 2023, with the ULEZ expansion across Greater London meaning drivers of non–exempt vehicles will be subject to the £12.50 charge every day they drive within the zone. For residents using their cars on a daily basis, that would amount to an annual cost of over £4,500.
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Notes to editors
About loveelectric:
Edinburgh-based loveelectric is on a mission to make electric motoring affordable, allowing drivers to get up to 60% off on the latest electric vehicles. This means people can love their car, love the cost and love the planet.
How it works:
It’s the greatest green employee benefit. Through the salary sacrifice scheme, an employee gives up a small proportion of their salary in exchange for a brand new, fully electric car. As it’s deducted from their gross salary, they pay less Income Tax and National Insurance. All their employer needs to do is sign-up.
Great for drivers, great for employers:
loveelectric offer a simple, transparent, all-inclusive deal. The monthly lease price includes servicing, maintenance and repairs, with the option to add fully comprehensive insurance into the monthly cost. It’s also a great deal for employers. First off, it’s completely cost-neutral to deploy the benefit. Plus, it helps businesses retain their best staff, attract top talent and improve their eco-credentials.
Click https://www.loveelectric.cars/employers for more information.
For further media information, please contact Anna Brow – press@loveelectric.cars or Elizabeth Holt – elizabeth@helmcomms.co.uk
About Egg:
Egg provides sustainable energy solutions including home EV chargepoints, solar panels and batteries. For more information, see www.crackingenergy.com. Egg was launched in February 2022 by Liberty Global Ventures, the investment arm of Liberty Global plc (“Liberty Global”) (NASDAQ: LBTYA, LBTYB and LBTYK). The launch of Egg follows Liberty Global Ventures’ acquisition of The Phoenix Works, a specialist sustainable energy solutions provider, in 2020.
In October 2022, Egg’s pay-monthly home EV charger was named Best New Product at the EVIEs – the Electric Vehicle Innovations & Excellence Awards.
Egg’s EV Charger Plan is available subject to credit check. Credit provided by Phoenix Renewables Ltd trading as Egg which is regulated by the Financial Conduct Authority (FRN 965996). Terms and Conditions apply, see www.crackingenergy.com/legal. Drivers must have off-street parking, such as a driveway or garage.
For further media information, please contact Kate Popham – 07941 071878 / kate@platform195.com.
