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loveelectric surpasses 1,000 used EV deliveries through salary sacrifice scheme

The achievement followed the launch of reloved®, a salary sacrifice marketplace for used EVs.

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Electric car salary sacrifice broker and creator of reloved®, loveelectric, has delivered more than 1,000 used electric vehicles (EVs) through its salary sacrifice scheme, marking a key milestone in the adoption of second-life EVs in the UK.

The achievement followed the launch of reloved®, a salary sacrifice marketplace for used EVs, which has helped make electric vehicles more accessible and affordable for employees while supporting employers in reducing Scope 3 emissions.

In addition to its own leasing figures, the company’s Live Vehicle Stock (LVS) API – launched in partnership with Lex Autolease in October 2024 – has enabled the lease of a further 600 used EVs across the broker network.

More than 35 brokers, including Nationwide, DriveElectric and Planet Leasing, have now integrated with the LVS API.

The API aims to address longstanding challenges in used vehicle leasing such as stock availability, distribution inefficiencies, and duplicate listings.

By synchronising real-time inventory, it ensures seamless access to EVs while reducing administrative burden and preventing stock duplication.

loveelectric reported that this technology-led approach has helped tens of thousands of used EVs re-enter the market, contributing to an estimated 135,000-tonne CO₂e reduction annually, according to IEA data.

Steve Tigar, CEO of loveelectric, said: “To meet the UK’s ambitious 2030 target to end the sale of new petrol and diesel cars, we need to make electric vehicles more accessible and affordable.

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“A stable used EV market is crucial to that transition. This milestone is proof that car leasing brokers can play a major role in accelerating second-life EV adoption.

“By enabling the market through technology and partnerships, we are breaking down barriers to EV adoption at scale.”

Collette Gunning, used leasing manager at Lex Autolease, added: “We are delighted to be working in partnership with loveelectric.

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“Through the LVS API, we are unlocking the potential of used EVs, giving brokers and businesses a streamlined route to offer second-life EVs at scale.

“As we expand the capabilities, we hope to continue the momentum of making the UK EV market even more accessible and affordable.”

Beyond its industry partnerships, loveelectric is also working with policymakers to strengthen the used EV market.

In collaboration with the British Vehicle Rental and Leasing Association (BVRLA), the company has advocated for lower Benefit-in-Kind tax rates for used EVs, a national public awareness campaign, and standardised battery health certification to increase consumer confidence.

As loveelectric continues to expand the LVS platform and its reloved® proposition, the company aims to play a role in enabling the UK’s transition to sustainable transport.

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