Milly StandingPerkbox has agreed to acquire loveelectric, the B Corp-certified electric vehicle salary sacrifice provider.
This followed the launch of Perkbox’s unified employee experience platform in early September.
loveelectric has grown since launching in 2021 and now supports more than 1,500 employers and 125,000 employees.
The combination of Perkbox’s unified platform and loveelectric’s specialist capability aims to give employers a more integrated way to offer and manage EV salary sacrifice alongside their wider benefits.
loveelectric’s virtual EV charge card was designed to give employees a clear and consistent way to manage their charging.
The card can be used at home, at work and across public charging networks wherever card payments are accepted
The partnership also supports Perkbox’s aim to provide everyday tools that are easy for employees to use and straightforward for HR teams to administer.
Doug Butler, CEO of Perkbox said: “I am thrilled to welcome loveelectric to Perkbox and equally excited to add its impactful offerings to our unified platform.
“Steve and team have grown loveelectric into a formidable business providing meaningful benefits to employees and the environment, and I know that their innovative and passionate culture will greatly contribute to Perkbox’s own mission to ensure that Every Employee is Valued.”
Steve Tigar, founder and CEO of loveelectric, added: “I’ve long admired Perkbox, and I am thrilled that loveelectric will now join a company whose mission and purpose align so closely with our own.
“I’m incredibly proud of what the loveelectric team has achieved including being named Scottish Fintech of the Year, and Scotland’s Fastest Growing Business in 2025.
“With access to over four million employees across the UK, Perkbox is the perfect partner for our next phase of growth.
“With Perkbox we can dramatically accelerate the adoption of electric cars by helping businesses offer a
benefit that is both financially compelling and environmentally meaningful.”
