Tusker hits new highs for account wins and EV take-up

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Salary sacrifice car benefits scheme provider Tusker has enjoyed a record-breaking six months, adding 240 new accounts and 8,500 cars to its fleet.

Paul Gilshan, CEO of Tusker

More than 180,000 new employees gained access to its scheme in the six months from January to June, bringing the total to over 1.5 million employees.

The company, acquired by Lloyds Banking Group in February this year, also grew its overall fleet size to more than 29,000 vehicles for the first time. More than nine in 10 (91%) deliveries between January and June were plug-in, while 86% – more than 6,900 cars – were fully electric. It means 67% of the 29,000-strong fleet is now fully electric.

Paul Gilshan, CEO of Tusker, commented: “More than 1.5 million people now have access to a cheaper way to drive greener cars via salary sacrifice, including many who otherwise wouldn’t be able to afford to drive electric via traditional PCP or PCH leases.

“With 67% of our fleet and 86% of our new deliveries now pure electric, Tusker’s schemes prove that driving a brand-new, environmentally friendly vehicle is possible for the majority of motorists across the country.”

Tusker’s focus on fully electric and plug-in hybrid cars has slashed CO2 for its customers, lowering grey fleet emissions and supporting ESG goals while alos attracting and retaining staff.

“We are well on our way to achieving net zero by the end of 2030, and to do so knowing that we are also helping motorists to drive both sustainably and affordably, is a mark of success. A strong start to the year for Tusker will allow us to go further in achieving these goals,” added Gilshan.

The BVRLA’s recent Industry Outlook report shows salary sacrifice demand is soaring, with schemes expected to “mushroom” this year as the availability of electric cars improves.

The growth of Tusker’s new business has come from multiple sectors across the UK economy, with financial services, tech and utility companies as well as charitable and public-sector organisations seeing the biggest take-up.

The business has strong expertise in launching its schemes into larger corporations, working across multiple stakeholder teams and with existing benefits platforms to ensure a smooth launch. Tusker also holds the CPC framework agreement which allows it to work with public sector bodies, including NHS trusts, ambulance services as well as many police forces, fire services, councils, housing associations and armed forces.

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Natalie Middleton

Natalie has worked as a fleet journalist for over 20 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day.