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Hybrid and Electric

Hybrid and Electric Vehicles Explained

When it comes to buying or leasing a Hybrid or Electric car the market is a complex one with new models coming onto the market all the time. The choice of different types of vehicles such as Full Hybrid or Plug In Hybrid is a confusing one and will depend on you particular requirements and the mileage you drive each day.

Electric and hybrid is certainly the future but with such a changing market place having some certainty by taking out a contract hire agreement on a car rather than purchasing can be sensible way forward.

Whichever way you decide to fund your vehicle we have put together some information about the various options to help you find your way.

You may have heard of the terms Hybrid, Plug in Hybrid (PHEV), Electric and Mild Hybrid, but what does it all mean?


This is a vehicle that has a conventional petrol or diesel engine and an electric motor that is capable of driving the car on its own using batteries built into the car. The batteries are charged via the normal driving process. During breaking and while coasting, the movement of the vehicle charges the batteries. In most driving situations the vehicle uses both the combustion engine and the battery to drive the vehicle.

Vehicles currently available

  • Ford - Mondeo Saloon & Estate
  • Hyundai - Ioniq
  • Infiniti - Q50
  • Kia - Niro
  • Lexus - CT hatch, UX SUV, IS saloon, NX SUV, ES saloon, RC coupe, RX SUV, RX-L SUV, LC coupe, LS saloon
  • Suzuki - Ignis, Swift
  • Toyota - Yaris, Corolla hatch, estate & saloon, C-HR, Rav4, Prius, Prius+, Camry

Vehicles coming soon

  • Bentley - Bentayga

Mild Hybrid

Similar to the Hybrid vehicle but where the electric motor only assists in the driving of the vehicle but the vehicle is incapable of being driven purely on battery power.

Vehicles currently available

Mercedes  - C Class Saloon & Estate, E Class Saloon & Estate

Plug in Hybrid (PHEV)

As with a Hybrid engine the vehicle is driven by both the conventional combustion engine (petrol or diesel) and an electric motor via on board batteries but unlike the standard hybrid the larger batteries can be charged from an external source. This gives the vehicle greater range on the electric motor than a conventional hybrid vehicle. The batteries will still be topped up via the normal driving process during breaking and while coasting.

Vehicles currently available

  • BMW - 2 Series Active Tourer, 3 series Saloon, 5 Series Saloon, 7 Series Saloon, i8 Copue & Cabriolet
  • Honda - CR-V SUV
  • Hyundai - Ioniq
  • Kia - Niro, Optima Estate
  • Land Rover - Ranger Rover Sport, Range Rover
  • Mercedes-Benz - C Class Saloon & Estate, E Class saloon & estate, S Class saloon
  • Mini - Countryman
  • Mitsubishi - Outlander (PHEV)
  • Porsche - Cayenne, Panamera
  • Volvo - V60, S90, V90, XC60, XC90

Vehicles ccoming soon

  • BMW - X5 SUV
  • Ford - Kuga
  • Mercedes - A Class, B Class, GLC Class, GLE Class
  • Peugeot - 3008 SUV, 508 saloon & estate
  • Subaru - XV SUV, Forester
  • Vauxhal - Grandland X
  • Volkswagen - Golf GTE, Passat saloon & estate

Full Electric

These vehicles are powered purely by an electric motor alone. The batteries are charged by an external source (either domestic plug, specialised charging point or public charging point). Vehicles have limited range depending on the size of battery. The time to charge will depend on the charging points used (some vehicles can be charged via a rapid charge system charging to about 80% in 30 minutes).

Vehicles currently available

  • Audi - e-tron Estate (Electric)
  • BMW - i3
  • Citroen - C Zero
  • Hyundai - Ioniq, Kona
  • Jaguar - i-Pace
  • Kia - Niro
  • Mercedes-Benz - EQC SUV
  • MG Motor UK - MG ZS EV SUV
  • Nissan - Leaf, E-NV200 Combi
  • Renault - Twizzy, Zoe
  • Smart - Fortwo coupe & cabriolet, Fourfour
  • Tesla - Model 3, Model S, Model X
  • Volkswagen - e-Golf

Vehicles coming soon

  • Audi - e-Tron GT Coupe
  • BMW - i4 saloon, iX3 SUV
  • Byton - M-Byte SUV
  • Honda - e-prototype
  • Jaguar - XJ
  • Kia - Soul
  • Mercedes - V Class
  • Mini - Cooper Hatch
  • Peugeot - e-208
  • Porsche - Taycan Coupe, Taycan Cross Turismo, Macan EV
  • Seat - el-Born Hatch
  • Skoda - Citigo iV
  • Vauxhal - Corsa
  • Volkswagen - e-up
  • Volvo - Polestar 2 Saloon

Manufacturers with no vehicles

  • Abarth - No vehicles
  • Alfa Romeo - No vehicles
  • Aston Martin - No vehicles
  • Dacia - No vehicles
  • DS - No vehicles
  • Fiat - No Vehicles
  • Jeep - No vehicles
  • Lotus - No vehicles
  • Maserati - No vehicles
  • Mazda - No vehicles
  • Ssangyong - No vehicles

What is the cost difference between the different types of cars?

If we look at the Hyundai Ioniq as a good example as it is one of only a couple of cars that you can get in Electric, Hybrid and Plug in Hybrid.

Hyundai Ioniq 1.6 h-GDi 141 5dr Premium DCT - £23,595 (Hybrid)
Hyundai Ioniq 1.6 h-GDi PiH 8.9 kW 141 5dr Premium DCT - £28,395 (Plug in Hybrid)
Hyundai Ioniq 28kWh 120 5dr Premium DCT - £30,750 (Electric)
There is currently a government grant of £3500 available on electric cars reducing the price to £27,250.

Contract Hire examples can be found on our deals pages.

Benefit in Kind Cost

The relative benefit in kind is as follows

Hyundai Ioniq 1.6 h-GDi 141 5dr Premium DCT - £88.02 Tax yr 2019/20, £84.02 Tax yr 2020/21
Hyundai Ioniq 1.6 h-GDi PiH 8.9 kW 141 5dr Premium DCT - £77.08 Tax yr 2019/20, £57.81 Tax yr 2020/21
Hyundai Ioniq 28kWh 120 5dr Premium DCT - £83.36 Tax yr 2019/20, £10.42 Tax yr 2020/21

Figures are monthly cost for a basic rate 20% UK based tax payer.

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