At Maxxia, we’re all about supporting our novated leasing customers to help minimise their environmental footprint. In fact, it’s something we can all be “motorvated” about.
One of the ways you can minimise your impact is by choosing a more sustainable, eco-friendly vehicle to drive. Another thing that “motorvates” us is that in recent years, the number of Maxxia customers leasing eco-friendly vehicles has continued to grow.
If you’re considering an electric or hybrid for your next car, why not put our expertise to the test and see how we can help you. If you’re not quite ready yet – we thought we’d get back to basics, so you have all the information you need to make a confident choice.
What is an Electric Vehicle?
An electric vehicle (EV), as defined by the Electric Vehicle Council, is one that runs at least partly on electricity. While there are several types of EVs, the most common are battery electric vehicles (BEVs), which use no petrol and run solely on the charge of electricity through batteries.
There are also plug-in hybrid vehicles (PHEVs), which use an electric motor foremost but have the ability to tap into a petrol-fuelled engine when the battery runs out of power. Hybrid electric vehicles (or HEVs) are similar to PHEVs, but have a smaller battery and therefore have very limited capacity before switching to the engine.
BEVs are easy to spot as they don't have an exhaust pipe. This is because the battery powers the car's motor instead of an engine.
While electric vehicles (EVs) currently account for less than 2% of the overall new car market, trending in recent years combined with industry forecasting suggest this may change dramatically in the coming years.
As Australia’s market leader for novated leasing, we know all there is to know about salary packaging a car – and the potential financial and convenience benefits it could bring. Of the almost 40,000 customers we service each year, a growing number lease electric vehicles – and with increased environmental awareness and government policy changes on EVs, we expect this to continue.