The Electric Car Scheme Secures £2.5 Million to Boost Electric Vehicle Adoption

The Electric Car Scheme, a UK-based startup offering a salary sacrifice employee benefit for electric cars, has raised £2.5 million in seed funding

The round was led by Triple Point Ventures and included participation from Adjuvo, Portfolio Ventures, Ascension, Seedcamp, the VOYAGERS Climate-Tech Fund, and several angel investors

The company aims to use the funding to accelerate its growth and expand its reach

The Electric Car Scheme allows employees to purchase electric cars at a significantly lower cost through salary sacrifice, making it more affordable for people to switch to electric vehicles.