Two-thirds of Tusker’s fleet now fully electric

Tusker has enjoyed a record-breaking start to the year, with 240 new accounts signed up between January and June.

The salary sacrifice specialist delivered more than 8,500 new vehicles in the six-month period – 6,900 of which were electric – bringing its overall fleet size to more than 29,000 vehicles for the first time.

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.

Paul Gilshan, CEO of Tusker, said: “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.”

The EV and plug-in hybrid focus of Tusker’s schemes has seen a remarkable drop in CO2 emissions across the organisations for whom it has provided cars.

Companies are able to lower their grey fleet emissions and work towards their ESG goals at the same time as attracting and retaining staff, it said.

Gilshan continued: “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.” 

Tusker was bought by Lloyds Banking Group, which is also the parent company of Lex Autolease, in February for £300 million. 

In May, Lloyds Banking Group has announced that going forward all new salary sacrifice business will be handled by Tusker.