loveelectric surpasses 1,000 used electric car deliveries

Pictured above are loveelectric employees standing with their used EVs leased through the company’s salary sacrifice scheme. From left to right: Johannes Schubert, Head of Operations; Jordan Wright, Lead EV Expert; Ben Nixon, Sales Director.

LOVEELECTRIC, the current holder of the Best EV Broker of the Year and creator of reloved, the UK’s first used EV salary sacrifice marketplace, has delivered more than 1,000 used EVs through its salary sacrifice scheme.

Additionally, since launching its Live Vehicle Stock (LVS) API in partnership with Lex Autolease in October 2024, an additional 600 used EVs have been leased across the UK’s broker network, demonstrating the wider market impact of this innovation.

loveelectric says that used EVs have helped make electric cars more affordable and accessible for employees while supporting employers in reducing their Scope 3 emissions.

The LVS API, which was developed in partnership with Lex Autolease, enables seamless distribution of used EVs to brokers and corporate fleets. More than 35 brokers nationwide, including Nationwide, DriveElectric and Planet Leasing, have now integrated with the LVS API, expanding market access to affordable re-leased EVs.

Managing used vehicle inventory

Historically, used car leasing has faced challenges around stock availability, inconsistent distribution, and inefficiencies in re-leasing. Managing inventory across multiple sales channels often led to duplicate selling and customer dissatisfaction as a result. The API synchronises real-time inventory, eliminating stock duplication and ensuring seamless availability. By automating re-leasing, loveelectric says it is improving market efficiency, ensuring tens of thousands of EVs can return to the road quickly. The environmental impact is equally significant, with an estimated 135,000t CO₂e reduction annually (IEA, 2021).

“To meet the UK’s ambitious 2030 target to end the sale of new petrol and diesel cars, we need to make electric vehicles more accessible and affordable. A stable used EV market is crucial to that transition. This milestone is proof that car leasing brokers can play a major role in accelerating second-life EV adoption. By enabling the market through technology and partnerships, we are breaking down barriers to EV adoption at scale.”

Steve Tigar, CEO of loveelectric Tweet

Lex Autolease’s Collette Gunning, Used Leasing Manager, added:

“We are delighted to be working in partnership with loveelectric. Through the LVS API, we are unlocking the potential of used EVs, giving brokers and businesses a streamlined route to offer second-life EVs at scale. As we expand the capabilities, we hope to continue the momentum of making the UK EV market even more accessible and affordable.”

Beyond industry innovation, loveelectric has been working with policymakers to ensure long-term stability in the used EV market. Alongside the BVRLA, loveelectric has engaged with local MPs to champion interventions such as lower Benefit-in-Kind rates for used EVs, a public awareness campaign to combat misinformation and standardised battery health certification to increase consumer confidence.