Raleigh cycles has launched its Electric Bike Access, their cycle to work benefit scheme, where customers can save up to 42% on retail prices of electric bikes.
Employers can get a saving of 13.8% on the value of the agreements through national insurance bill reductions.
Fully Charged, an electric bike retailer, is also providing eBikes to NHS workers in London for a free three-month loan. NHS workers can sign up to the scheme now.
Sales of all bikes have increased across the UK due to people either looking to avoid public transport or increase fitness during the coronavirus pandemic.Fold-up bike company Brompton is reporting a year-on-year sales boost of 15%.
The Cycle to Work scheme was updated to include e-bikes in June 2019.
First introduced by the Government 20 years ago, Cycle to Work schemes promote cleaner, healthier journeys to and from work by allowing employees to save money on a new bike or accessories via a salary sacrifice scheme.
Raleigh’s Electric Bike Access scheme offers an online shop and employer portal that businesses can use to manage orders.
Pippa Wibberley, Raleigh UK marketing director, said: “The electric bike can be a true alternative to cars, particularly for shorter journeys.
“Commuters can combine the savings on fuel and parking with the benefits to health and wellbeing.
“As well as the positive environmental impact, the bicycle could revolutionise the way we travel and dramatically reduce congestion in our towns and cities.”
The cycle to work benefit allows employees to purchase bikes with savings of up to 42% and spread the cost interest free over twelve months by paying for a bike from their pre tax salary.
Bikes can be delivered to an address of choice or to one of Raleigh’s authorised retailers.
Dan Parsons, Fully Charged director of operations, said: “Bicycle stores have been excluded from the Government’s list of mandatory closures amid the COVID-19 crisis.
“This is a reflection of the importance of cycling as a viable alternative to using public transport, as well as the benefits it offers to people’s health and wellbeing, particularly at a time of self-isolation and social distancing.
“At Fully Charged, given we’re able to remain operational, our focus is on supporting the country’s key workers – namely NHS staff who are going above and beyond to help those suffering at the hands of COVID-19.”