Global electric car sales are set to reach around 17 million by the end of 2024. The projected revenue in the Electric Vehicles market in the United Kingdom is expected to reach US$34.0bn. This market segment is foreseen to display a compound annual growth rate (CAGR 2024-2029) of 8.56%, resulting in a projected market volume of US$51.3bn by 2029. The Electric Vehicles market in the United States is projected to reach a revenue of US$94.9bn in 2024. It is expected to show an annual growth rate (CAGR 2024-2029) of 10.49%, resulting in a projected market volume of US$156.3bn by 2029.
In episode 746 of the HRchat Podcast, we focus on the impact of the climate crisis on employee benefits, employee expectations, and the rise of the ‘green benefits’.
My guest this time is Tom Baker, Partnerships Manager at Octopus Electric Vehicles, the electric car specialists.
Questions for Tom include:
- Introduce yourself and the mission of Octopus EV
- What is the impact of transport on the environment?
- What is the state of the EV market in the UK?
- How is the landscape of employee benefits changing?
- What impact does the climate crisis have on employee benefits?
- What are employees expecting from their employers? Specifically, what are they expecting in terms of environmental considerations?
- Tell us about salary sacrifice schemes and associated tax benefits associated with using electric vehicles
- When it comes to supporting green benefits, what pressures are on employers?
- Why do we need to make every job a ‘climate job’ in the UK?
More About Tom Baker
Tom is a dedicated professional in the sustainability sector, with over four years of experience at Octopus Electric Vehicles, specializing in the electric vehicle industry and charging infrastructure.
With a strong background in employee benefits and salary sacrifice schemes, Tom is passionate about sustainability and is committed to helping employees access the green benefits they want and that drive meaningful environmental change. He is driven by a mission to ensure that employees not only feel valued but also play an active role in the transition to a more sustainable future.
More About Octopus EV
Octopus EV offers ways to lease EVs through an effortless salary sacrifice package that empowers businesses and employees. The company offers the whole package from expert advice, to great deals on the best cars, to hooking you up with the latest charging tech, we have everything you need to get you on the road.
Part of the Octopus Energy Group, Octopus EV seeks to improve the lives of millions of people by transforming the industries we operate in. The Octopus Group incorporates Octopus Energy, Octopus Healthcare, Octopus Investments, Octopus Property, Octopus Ventures and Octopus Labs.
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