Battery-powered vehicles are becoming increasingly more common in everyday life. This is due to manufacturers producing a broader range of electric vehicles, hybrids, and plugins, with more affordable pricing, longer battery ranges as well as great incentives. This is all coupled with infrastructure investment both publicly and privately.
This increase in choice means it is become more difficult to choose the car an individual is best suited to. Each type has its advantages and disadvantages, and it depends on an individual’s situation as to which is best for them.
At the Electric Broker, we source and fund all-electric and hybrid vehicles available for business owners, and businesses running fleets including LEVCs for the taxi market. Get in touch with us today to discover how we can help you.
To make transitioning to EV’s as straightforward as possible, the Zoom EV Benefits Bundle will be included for free with an EV purchase.* Find out more about the bundle and our partnership with Zoom EV.
Electric Vehicles (EVs)
All fully electric vehicles produce zero tailpipe emissions which means that they do not emit any harmful CO2 or other greenhouse gasses into the atmosphere while driving. They are the cleanest cars on the road and are generally powered entirely by a rechargeable electric battery. Owners can charge their EVs either at home using a specially designed car charging unit, at one of the 30,000 public charge point connections across the UK or a workplace charging point. There are countless advantages to purchasing an EV, both for individuals and businesses.
Here are some examples of full-electric vehicles:
- Tesla Model 3
- Porsche Taycan
- Kia e-Niro
- Hyundai Kona
As the range of electric vehicles increases and the infrastructure grows, there are plenty of reasons to get an all-electric vehicle.
Plug-In Hybrid (PHEV)
A plug-in hybrid pairs a battery with an economical petrol or diesel engine. This gives you around 20 or 30 miles of pure electric driving for the city plus hundreds of miles using the petrol or diesel engine. A PHEV is perfect for commuting short distance, such as going to and from work.
Here are some examples of plug-in hybrid vehicles:
- Hyundai IONIQ Plug-In
- Mercedes E 300 e and E 300 de
- BMW 330e
- Ford Kuga PHEV
PHEV’s are perfect for those making short trips and still want the option of an ICE.
At Ethos Asset Finance our experienced team delivers specialist financing solutions to businesses and individuals across the UK. With our green funding know how, and access to industry leading manufacturers developing some of the most advanced EVs in the UK, we can guide you on your journey to a greener future.
Here at Ethos, our customers receive more than just the expected service. We offer a uniquely experienced pair of hands, an ear for the very best rates and a head for even the most complex payment structures.
We enjoy creating a smooth, hassle-free process for our customers. At the cutting edge of today’s market, we take a traditional approach to lending working together with our customers and funders to reach an outcome that works for everyone.
It’s all about creating mutually satisfying experiences and good working relationships. That’s what we’ve built our business on.
Between us we offer our customers over 50 years’ collective experience in asset financing, with an approach that tailors every deal to each customer’s exacting needs.