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News by Autocar 7 mins read 1 November 2022 Follow @@autocar Share
When it comes to crunching the numbers and keeping both drivers and fleet managers happy, electric cars are company car kings. Thanks to a rock-bottom, blanket benefit-in-kind rating of just 1%, many of these machines can leave their users with an annual tax bill that’ll cost less than a tank of fuel in the average supermini.
So if you can get an EV to fit seamlessly into your business and personal life, then having one as a perk of the job really is a no-brainer. Yes, some of the more exotic models will require a very generous employer, but there are mainstream models galore that will be much more palatable to the suits in accounts.
So here, in no particular order (well alphabetical), are our top 10 electric company cars.
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Ford Mustang Mach-E
– Mustang Mach E RWD
Ford took its time launching its first EV, but in many respects, the wait was worth it. Of course, purists are up in arms about the use of the legendary Mustang name for a battery-powered SUV, but the Mach-E lives up to the tag in terms of performance, and its ride and handling aren’t bad for such a tall and heavy machine. There are 68kWh and 88kWh battery options, with the latter combining with a 285bhp motor driving the rear wheels to deliver a claimed 379 miles – more than enough for most long-haul business meetings. In fact, it’s this Extended Range specification that makes the most sense for user-choosers because it’s one of the most cost effective thanks to its 2% BiK rating, resulting in a £203 tax bill for lower-rate earners.
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Hyundai Ioniq 5
– Ioniq 5 73kWh Premium RWD
Few cars have managed to shake up the established order quite as much as the eye-catching Ioniq 5. With angular exterior treatment and a spacious interior that clearly takes its cues from minimalist loft living, the Korean machine has put the frighteners on premium rivals. What’s more, the all-electric Ioniq 5 backs it up with a compelling driving experience that melds engaging handling and effortless electric performance with a cosseting ride and superb refinement. Oh, and in top 73kWh battery guise, it’ll crack a claimed 315 miles on charge. For business users, it’ll be the 2% BIK that catches their eye, with tax bills as low as £157 for the 58kWh model. However, we’d sacrifice another twenty-odd quid for that larger battery in 222bhp rear-wheel-drive Premium trim.
Jaguar I-Pace
– I-Pace EV400 SE
One of our favourite EVs, the Jaguar I-Pace stole a march on established rivals when it beat them all to the EV punch. Not only was it the first upmarket all-electric SUV, but it was and is also one of the best, particularly from behind the wheel. Despite its high-riding stance, the I-Pace handles with the agility and involvement of something half its size, while its muscular twin-motor set-up channels 395bhp through all four wheels for rapid acceleration. It’s also beautifully finished and spacious inside, with the latest Pivi Pro infotainment keeping you connected on the move. Better still, it’ll crack 292 miles on a charge, while as a company car, it’ll cost higher-rate earners as little as £530 in tax. That said, we’d probably ‘splash out’ on £568 for the more lavishly equipped SE.