Perkbox is set to acquire the B Corp certified electric vehicle salary sacrifice provider loveelectric.
According to Perkbox, it adds EV salary sacrifice and charging solutions to its unified platform which launched in early September.
Perkbox says the transaction aligns with and supports the UK government’s promotion of electric vehicle adoption. The recent Budget confirmed continued support for EV salary sacrifice, which remains uncapped, and set out £1.5 billion of further investment in the sector.
Since launching in 2021, loveelectric supports more than 1,500 employers and over 125,000 employees. It offers access to electric vehicles through one of the broadest selections of used and new EVs in the market.
Perkbox says loveelectric’s solutions make EV salary sacrifice more inclusive and ensure it reaches employees across a range of income levels.
Perkbox also notes that loveelectric’s B Corp status and carbon neutral accreditation provide further reassurance for organisations that want benefit partners who demonstrate responsible practices and support wider ESG priorities.
Perkbox CEO Doug Butler says: “I am thrilled to the 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.”
loveelectric founder and CEO Steve Tigar says: “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.”
