Jargon Category: Jargon

Electric Vehicle. Runs solely on electricity. Zero tailpipe emissions and ultra-low running costs.

Cover that protects the employer and/or employee from fees if someone leaves their job or their circumstances change before the lease ends.

The amount of carbon dioxide a car produces. Lower emissions = lower tax. EVs have 0g/km CO₂ emissions.

A tax employees pay on company-provided benefits. For electric cars, it’s extremely low (as little as 2%), making EVs a smart choice through salary sacrifice.