Tusker, the Car Benefit People are reporting an increase in orders for electric vehicles and Ultra-Low Emission Vehicles, despite the challenging environment imposed by COVID-19.
Unfortunately, September saw a disappointing reduction in orders for the car industry as a whole because of the considerable impact of the global pandemic. They have reported a year-on-year decrease of 4.4%*.
Tusker have consistently bucked trends in the marketplace with more and more drivers taking advantage of the savings available through ‘salary saving’. In contrast to the wider industry, Tusker has seen growth across their customer base and new car orders are up year on year - the thousands of electric ordered in 2020 represents year on year increases of 548%.
There is further good news on Clean Air Day, as Electric vehicles now represent nearly 50% of all new cars orders by Tusker’s drivers. And if you add in ULEVs, then this rises to 60%. This is perhaps unsurprising, given the tax and National Insurance savings available on the Tusker salary saving scheme, which are maximised in 2020 thanks to the Government’s reduction in Benefit in Kind tax to 0% until April 2021, rising just 1% each year until 2023.
Paul Gilshan, CEO at Tusker, comments “The great thing about the Tusker scheme is that we’re helping more people across the UK reduce their emissions as our Green Car Scheme remains the cheapest way to drive electric, without a deposit.”
He continues, “We’re proud to be supporting Clean Air Day with significant growth in the number of companies taking salary saving car schemes and huge increases in electric and Ultra-Low Emission vehicles.”
*data from SMMT