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Compensation & Benefits

Loveelectric acquires Bypass to offer cheaper EV charging as an employee benefit

The acquisition aims to enable loveelectric to integrate Bypass’s real-time card issuing and app technology into a new employee benefit.

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Loveelectric, a B Corp-certified EV salary sacrifice specialist, has acquired charging tech start-up Bypass to cut the cost of public electric car charging for employees across the UK.

The acquisition aims to enable loveelectric to integrate Bypass’ real-time card issuing and app technology into a new employee benefit.

Both public and at-home EV charging will soon be available through salary sacrifice, allowing employees to pay for charging via their gross salary with the intention to turn an adoption barrier into a financial advantage.

Public charging remains a cost challenge for EV drivers, recent research shows that charging away from home can be up to ten times more expensive than domestic energy use, particularly for those without access to a driveway.

This disparity risks slowing EV adoption, just as the UK approaches the 2030 phase-out of new petrol and diesel car sales.

As a result of this acquisition, public charging costs for a typical loveelectric driver (15,000 miles per year over a 4-year lease) could fall from £13,029 to £5,212, costs could fall from £1,371 to £549.

For home charging, costs could fall from £1,371 to £549.

Currently in beta testing with select loveelectric customers, the Charge Card is set for a full launch in Autumn 2025.

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The new Charge card will work across every public charging network – including Tesla and BP Pulse – without additional card fees.

Apple and Google Pay integration is aimed for ease of use from the moment the card is added to your virtual wallet.

A recent survey of loveelectric’s current drivers confirmed the need for a solution like this, among those spending more than £150/month on charging, 73% rely mainly on public infrastructure.

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97% of all surveyed drivers supported a tax-efficient, app-based product that simplifies payment and reduces costs.

Johannes Schubert (pictured, right), head of operations of loveelectric, said: “Charging has become the final frontier for electric car accessibility.

“By making it salary sacrifice-friendly, we’re removing the financial burden of public charging and unlocking EV access for the millions of people who can’t charge at home.

“This is the natural next step in loveelectric’s mission to make electric driving inclusive, affordable and effortless.”

The charging scheme will also integrate with home and workplace charging in future releases, with the intention of giving employees full control and visibility over their EV charging costs.

Whether you have a salary sacrifice scheme already in place, operate a business fleet or have a business contract hire, you can sign up for loveelectric’s Charge Card completely independently.

This new offering intends to add to loveelectric’s all-in-one salary sacrifice package, which already includes vehicle leasing, insurance, maintenance, tyres, 5,000 free miles of EV charging, and an optional home charger.

Grant MacLennan (pictured, left), co-founder of Bypass, said: “We built Bypass to remove the complexity from EV charging, and this partnership brings that vision to life at scale.

“Integrating with loveelectric and salary sacrifice means our technology can deliver meaningful savings to drivers, and help employers lead the way on sustainability.”

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