Voltric
- Company typePrivate
- Founded2019
- HeadquartersWales, United Kingdom
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
Voltric firmographics
Firmographics- Name
- Voltric
- Legal name
- Voltric Mobility Technologies Limited
- Website
- https://voltric.co.uk
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Voltric industry classification
Industry- Product category
- Electric Vehicle Subscription
- NAICS
- Automotive Equipment Rental and Leasing (5321), Passenger Car Rental and Leasing (53211), Passenger Car Rental (532111)
- SIC
- Services-Auto Rental & Leasing (No Drivers) (7510)
- akta.pro primary industry
- EV Subscription (Monthly/Longer-Term Consumer Plans) (THADANAD)
- akta.pro secondary industries
- Flexible-Term / Month-to-Month Car Subscriptions (THADACAC), EV Charging-Integrated Rentals (Bundled Charging, Roaming, Home Charger Add-ons) (THADANAJ)
Keywords
Where Voltric is headquartered
LocationHeadquarters
- HQ city
- Wales
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
Voltric business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Supply Chain, Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Individual EV Subscriptions: Customers pay a monthly subscription fee covering the electric vehicle hire, insurance, road tax, breakdown cover, maintenance and repair. Flexible terms range from monthly rolling contracts to 12- or 24-month commitments. Revenue is recurring on a per-vehicle basis.
- Salary Sacrifice EV Schemes: Voltric partners with employers to offer salary sacrifice EV subscriptions. Employees sacrifice a portion of gross salary to cover the monthly EV subscription, generating revenue per vehicle while offering tax savings to the employee. The employer arrangement is cost-neutral to the business.
- Business Fleet Subscriptions: Corporate fleet subscriptions for company cars and fleet electrification, with flexible 6- and 12-month terms. Revenue is recurring on a per-vehicle, per-month basis, with additional services such as fleet management and electrification consulting.
- Public Charging Access: Drivers receive a Voltric charging card providing access to 56,000+ UK public charging points on a pay-as-you-go basis. While primarily bundled as a subscriber benefit, the charging network access represents a service component of the subscription offering.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Monthly Rolling Subscription |
| Subscription | Multi-year contract | 12 or 24 Month Subscription |
| Subscription | Monthly | BMW i4 - Individual Subscription |
| Subscription | Monthly | BMW IX2 - Individual Subscription |
| Subscription | Monthly | BYD Seal - Individual Subscription |
| Subscription | Monthly | Salary Sacrifice - MG 4 (40% tax rate) |
| Subscription | Monthly | Salary Sacrifice - Fiat 500 (40% tax rate) |
| Subscription | Monthly | Salary Sacrifice - Ford Explorer (40% tax rate) |
| Subscription | Monthly | Salary Sacrifice - Polestar 4 (40% tax rate) |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Voltric product offering
Product offeringCore offering
Voltric provides an all-inclusive, flexible electric vehicle subscription service in the UK. Subscribers pay a single monthly fee covering the EV hire, insurance, road tax, breakdown cover, maintenance, and access to 56,000+ UK public charging points via the Voltric Paua charging card. The company also offers a Salary Sacrifice EV scheme for employers and corporate fleet subscriptions with flexible 6- and 12-month terms, delivering vehicles directly to the customer's door.
Product overview
Voltric is an all-inclusive electric vehicle subscription business offering a single unified subscription product with bundled modules. The core offering is the EV Subscription service, where customers pay one monthly fee covering vehicle hire, insurance, breakdown cover, maintenance, road tax, and access to a 56,000+ public charging network. Additional service modules include Salary Sacrifice (employer-sponsored employee benefit scheme), Fleet Management (business tracking and reporting tools), Company Car (benefit-in-kind offering), and Home Charging assistance. The company serves both individual consumers and businesses, with flexible terms ranging from monthly rolling to 24-month commitments.
Differentiator
Problem solved
Functional benefit
Products and services
- EV Subscription All-inclusive electric vehicle subscription service covering insurance, maintenance, breakdown, road tax, and access to 56,000+ public charging points. Subscribers choose their EV and pay a single monthly fee with flexible terms from monthly rolling to 12-24 month commitments. Available to individual consumers and businesses in the UK.
- Salary Sacrifice EV Scheme Employer-sponsored employee benefit programme allowing workers to sacrifice part of their gross salary to pay for an EV subscription, delivering 20-50% savings depending on earnings tax rate. Cost-neutral to the employer with no upfront costs, payroll integration, and tax advisor support.
- Corporate Fleet Subscription Corporate fleet electrification service offering flexible 6- and 12-month subscriptions for company cars and fleet vehicles, with fleet management tools and electrification consulting. Delivery within two weeks of initial call. Targets UK businesses with company car fleets or logistics operations seeking to transition to electric vehicles.
- Company Car Benefit Zero-emission company car benefit with 2% Benefit-In-Kind tax rate, offering employees flexibility to change vehicles without long-term commitment. Available through employer sponsorship.
Quantifiable outcome
- Employees save 20-50% on EV costs through salary sacrifice at 40% tax rate
- +4 more outcomes
Companies that use Voltric
Customer profileSegments3 records
Ideal customer profiles3 records
Voltric technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Voltric partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor.
- FinTech WalesminorVoltric is an early sponsor of the inaugural Wales Fintech Festival in Swansea on June 3rd 2025, alongside de Novo Solutions, Critical Cloud, Capital Law, and Philip Hare & Associates. The festival aims to showcase fintech innovation in Wales and inspire regional talent. Voltric's sponsorship provides brand visibility within the Welsh business and fintech community.
- RightChargeminorVoltric partners with RightCharge, a home charger comparison site, to help customers arrange home EV charging. RightCharge provides personalised recommendations for home chargers (fast charging, low cost, solar compatibility) and Voltric refers customers to RightCharge for installation. This supports the all-inclusive subscription proposition by simplifying home charging setup.
Scale indicators6 records
Recent moves7 records
Expansion highlights6 records
Voltric competitors and assessment
Company assessmentDirect peers
- Octopus Electric Vehicles: UK-based specialist in EV salary sacrifice and subscription, backed by Octopus Energy. Direct competitor across both consumer and employer salary sacrifice channels with materially larger scale and marketing reach.
- Love Electric: UK salary sacrifice EV specialist working with employers to deliver tax-efficient EV benefits. Comparable employer-led B2B motion with a curated multi-brand EV catalogue.
- Wagonex: UK multi-brand car subscription marketplace offering flexible terms on a range of vehicles. Comparable in its subscription-led, broker-style model targeting both consumers and fleets.
- Elmo: UK all-inclusive EV subscription provider offering flexible monthly terms with insurance, maintenance and charging bundled. Competes directly with Voltric on consumer EV subscription pricing and brand mix.
- The Electric Car Scheme: UK salary sacrifice EV specialist partnering with employers to provide tax-efficient EV benefits. Closest direct competitor to Voltric's salary sacrifice motion, with a comparable all-inclusive value proposition.
Broad incumbents
- GRIDSERVE: UK EV charging and mobility infrastructure operator with growing subscription and leasing offerings. Adjacent incumbent operating at the intersection of charging access and EV provision, similar all-inclusive value proposition.
- Tesla Subscription (UK): OEM-direct vehicle subscription offering on Tesla models in the UK. Represents the OEM-direct disintermediation risk for Voltric's Tesla/Polestar-led subscription catalogue.
- ALD Automotive: Large multinational fleet leasing and subscription operator with UK presence. Competes with Voltric in the corporate fleet electrification channel with deeper capital and broader service capabilities.
- Lex Autolease: UK's largest vehicle leasing operator, part of Lloyds Banking Group, increasingly offering EV subscription and salary sacrifice products. Represents the incumbent threat in fleet electrification.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks7 records
Key highlights6 records
Customer concentration
Voltric social profiles
Digital presenceVoltric financial estimates
Financial estimateRevenue estimate
Valuation estimate
Voltric leadership team
Management profileNumber of profiles
Profiles6 records
Voltric funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Voltric M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Voltric
What does Voltric do?
Voltric provides an all-inclusive, flexible electric vehicle subscription service in the UK. Subscribers pay a single monthly fee covering the EV hire, insurance, road tax, breakdown cover, maintenance, and access to 56,000+ UK public charging points via the Voltric Paua charging card. The company also offers a Salary Sacrifice EV scheme for employers and corporate fleet subscriptions with flexible 6- and 12-month terms, delivering vehicles directly to the customer's door.
Is Voltric a public or private company?
Voltric is a private company. It is classified as venture growth investor backed and is currently operating.
When was Voltric founded?
Voltric was founded in 2019. It employs 1 to 10 people.
Where is Voltric based?
Voltric is headquartered in Wales, United Kingdom, in the Europe region.
How does Voltric make money?
Four revenue lines are on record. Individual EV Subscriptions are the primary driver. The others are salary Sacrifice EV Schemes, business Fleet Subscriptions and public Charging Access.
Who are Voltric's main competitors?
Direct peers on record are Octopus Electric Vehicles, Love Electric, Wagonex, Elmo and The Electric Car Scheme. Broad incumbents are GRIDSERVE, Tesla Subscription (UK), ALD Automotive and Lex Autolease.
Does Voltric have an API?
No public API is recorded for Voltric.
What industry is Voltric in?
Voltric's product category is Electric Vehicle Subscription. Its primary akta.pro industry code is THADANAD, EV Subscription (Monthly/Longer-Term Consumer Plans), with a secondary code of THADACAC, Flexible-Term / Month-to-Month Car Subscriptions. Its NAICS code is 5321 and its SIC code is 7510.