Volkswagen ID.7 and the Polestar 4 set to take on Tesla ⚡️
We weren’t exaggerating when we said that the electric vehicle market is moving fast. There are lots of electric cars being announced, some are set to be more affordable, some more premium. There will an EV for everyone in no time!
Here are two fantastic examples of electric car manufacturers making their mark in the industry - and just so happen to be future rivals for the current Tesla Models.
Volkswagen ID.7
Source: Volkswagen
This image is sourced from Volkswagen
The Volkswagen ID.7, Volkswagen’s first pure electric saloon car, is due to launch at the end of 2023. VW said its Pro S trim variant will be available with an outstanding range up to 435 miles in a single charge - courtesy of an 86kWh battery. The standard Pro variant of the ID.7 has a 77kWh battery offering up to 382 miles of range.
As well as an impressive range, the Volkswagen ID.7 will also have ergoPremium seats (massage programmes), a panoramic roof, a head-up display and an array of driver assistance systems.
The price of the Volkswagen ID.7 is yet to be announced but we can tell you it will be available with The Electric Car Scheme!
Polestar 4
Photograph by: Polestar
This image is sourced from AutoTrader
If you are waiting for the perfect combination of a coupe and a SUV run by an electric motor, then the Polestar 4 may be the perfect car for you. This new EV was only recently announced so it isn’t due on the road till 2024 - BUT here is what we know.
Polestar promises “next level sustainability” with this electric car, thanks to its more responsibly sourced materials - on top of the fact it is an electric vehicle and therefore has no tailpipe emissions! As expected, you will have all the usual luxuries that a Polestar gives. But with this new model it will have a stretched panoramic roof - and the first electric car not to have a rear window! Interesting…
Both the Volkswagen ID.7 and the Polestar 4 are both fully electric, so will of course be available with The Electric Car Scheme once they hit the streets.
With a car salary sacrifice scheme, employees have the ability to salary sacrifice any electric car and save 30-60%. The employer will lease the car on their behalf, and in exchange for a portion of the employee’s salary. Unlike with personal leases, the cost of the lease comes from the employee’s gross salary (before tax).
As a salary sacrifice car is considered a ‘company car’, it is subject to a Benefit in Kind (BIK) tax set by HMRC. It is currently a low 2% until 2025, afterwards it will increase each year by 1% until 2028 when it will be reviewed. This tax is factored into all of our quotes.
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