The government used to subsidise the cost of fully electric cars (BEVs) by £1,500. This was for all BEVs under £32,000. This grant has now been removed for cars, but does still apply to wheelchair accessible vehicles, motorcycles, mopeds, small vans, large vans, taxis, small trucks and large trucks.If you have a BEV as a company car, there is 2% Benefit in Kind (BiK) tax until the 2024/25 tax year. The rate then goes up to 3% in 2025/26, 4% in 2026/27, and 5% in 2027/28.No wonder electric cars are now becoming very popular company car leases. Fully electric cars pay no road tax and can access Ultra Low Emission Zones (ULEZ) for free. There are even more financial and tax advantages for EVs – speak to one of our consultants for further details.