EcoMute offers an electric car salary sacrifice scheme that enables employees to acquire electric vehicles while benefiting from reduced income tax and National Insurance contributions. This program supports employers in reducing Scope 3 greenhouse gas emissions, facilitating a transition to zero-carbon commuting for over 800 UK businesses.
Funding
$12.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many UK businesses struggle to meet Scope 3 greenhouse gas emission reduction targets due to employee commuting. Employees often face financial barriers to adopting electric vehicles (EVs), hindering the transition to zero-carbon commuting.
Solution
EcoMute provides an electric car salary sacrifice scheme that enables employees to lease EVs while reducing their income tax and National Insurance contributions. This all-inclusive program covers a wide range of EVs, along with servicing, maintenance, premium tire replacement, and comprehensive motor insurance. EcoMute's scheme helps businesses reduce Scope 3 emissions by facilitating the adoption of EVs for employee commuting. Early termination protection safeguards both employers and employees from unexpected costs due to premature end of the salary sacrifice arrangement.
Target Audience
The primary customers are UK businesses seeking to reduce their Scope 3 greenhouse gas emissions and employees interested in acquiring electric vehicles through a salary sacrifice arrangement.
Features
- All-inclusive lease covering servicing, maintenance, and premium tire replacement
- Comprehensive 5-star Defaqto motor insurance for up to 3 drivers
- Early termination protection mitigating financial risks for employers and employees
- 24/7 roadside assistance for immediate support
- Access to the full range of electric cars available in the UK
- Delivery of the chosen EV to the employee's home or workplace