Is the lease of an electric car tax deductible?

Yes, because a fully electric car produces no emissions, the monthly lease repayments are tax deductible.

Can I claim a lease vehicle on taxes?

If you’re a limited company owner, you can claim a lease vehicle as an expense.

Best electric sports cars for 2023

The sports car industry has seen a significant shift towards electric cars, showcasing a new type of high performance battery-powered vehicles, offering another level of power and performance. The EV revolution has also helped level the playing field, offering options from established players and automakers more often associated with lower end offerings.

Read on to find out more on the top 8 electric sports cars for 2023, as well as some exciting new models to look out for in 2024!

Porsche Taycan

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The Porsche Taycan is a high-performance electric sports car with four doors and a fast grand touring design. Despite not being a traditional sports car, the Taycan is highly regarded for its body control, balance, operating controls, and steering precision.

The car features air suspension and has received a full five-star rating in road tests. The Taycan comes in several models, ranging from the 532bhp 4S to the top-ranking Turbo S with 751bhp, which can accelerate from 0-60mph in 2.6 seconds. The Taycan also offers Sport Turismo and Cross Turismo versions, which add estate and off-road styles to the range.

One highly recommended option is the 590bhp GTS, which has suspension settings designed to please keen drivers and can travel the best part of 300 miles on a single charge.

Audi RS e-tron GT

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The Audi RS e-tron GT shares the powerful electric motors (one per axle) and three-chamber air suspension with the Porsche Taycan, as well as the underlying architecture and battery pack, giving it a WLTP range of up to 285 miles and the potential for 350kW ultra-rapid charging.

The flagship RS e-tron GT model develops 612lb ft and 637bhp, accelerating from 0-62mph in comfortably less than 3.5 seconds. While it may not have quite the same level of panache and engagement as the Porsche Taycan, the Audi RS e-tron GT offers a more relaxed driving experience, with high levels of refinement.¹

Rimac Nevera

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Rimac has grown from the garage of Mate Rimac into a company that’s now partly owned by Porsche and planning the future of Bugatti. The crowning achievement of the young Rimac empire is the Nevera, which is the follow-up to the Concept One and C_Two show cars.

Just 150 examples of the Nevera will be made, almost all of which are spoken for. Its appeal has only been enhanced by its recent record-breaking EV top speed run, when it topped 256mph.

The car is built around a composite tub, and there’s an electric motor for each wheel, with independent single-speed gearboxes at the front and two two-speed dual-clutch ‘boxes for the back axle. The car has double-wishbone suspension, torque vectoring, and the potential for level four autonomous driving, a mountainous battery, and an eye-watering £1.8 million price tag.

BMW i4

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The i4 is BMW‘s first stab at a proper high-performance electric machine. It uses a version of BMW’s CLAR platform and has a 530hp electric motor, which allows it to reach 0-62mph in 4 seconds and achieve a top speed of 124mph. It has a 83.9kWh battery that provides a range of up to 366 miles.

The i4 features BMW’s latest technology and is available with a host of driver assistance systems. It has an attractive and modern exterior design and is available in several different trim levels. The price of the i4 starts at around £51,000.

Pininfarina Battista

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The Pininfarina Battista shares much hardware with the Rimac Nevera, but is presented as the more outwardly luxurious, more GT-oriented machine of the pair. It offers 1900bhp, can do 0-186mph in less than 12sec and 217mph all out.

The Battista handles with surprising delicacy and poise, feeling thrilling through the corners and down the straights. The car is beautifully wrought both inside and out, and the engineers and trimmers include alumni from Pagani and the Mercedes-AMG Project One hypercar. The price is £2 million.

Kia EV6 GT

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The Kia EV6 GT is a high-performance electric vehicle that has impressed critics with its looks, handling, and acceleration. The flagship GT model is a dual-motor setup with one motor at the front and one at the back, providing four-wheel drive. It delivers an impressive 577 bhp and 546 lb-ft of torque, with a 0-62 mph time of just 3.5 seconds and a top speed of 161 mph. The car’s 77.4 kWh battery provides a claimed range of 263 miles on a single charge, and the 800V electrical architecture allows for ultra-rapid charging.

The EV6 GT has also received chassis tweaks, with an enhanced GT mode providing more focused damper settings at the touch of a button. It’s surprisingly light on its feet, with quick steering, strong grip, and a devastating turn of speed, while the Drift mode is hilarious but not recommended for road use. At its limits, the EV6 can feel a little ragged due to its SUV-like height and mass.

Despite its high-performance credentials, the Kia EV6 GT is also praised for its value for money. Although its £62,645 asking price may seem steep, few cars can match the performance per pound that the quirky-looking Korean machine offers.

Maserati Granturismo Folgore

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The all-new Granturismo is a coupé that’s designed to do exactly what it says on the tin, and it’s the first Maserati to get the all-electric treatment. Known as the Folgore, it’s based on an all-new, largely aluminum platform that’s designed to work with both ICE and BEV powertrains.

With a tri-motor set-up, it delivers 751bhp for 0-62mph in 2.7sec and a 199mph top speed. Its battery (83kWh for a claimed range of 280 miles) has been designed in an elongated H-shape layout, with the center section slotting down the spin of the car. It also has the ability to turn in sharply and rotate quickly around the apex.

Lotus Evija

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The Lotus Evija is an electric hypercar being produced in a limited run of 130 cars, and is being heralded as Lotus’ first model to feature ultra-rapid charging over unleaded fuel.

The car’s four motors deliver a combined output of 2011bhp, making it one of the most powerful production cars ever built. Despite its immense power, the car is relatively light in EV terms, weighing 1680kg. Actual performance figures are currently unavailable, but Lotus expects a top speed in excess of 200mph and a sub-3.0-second 0-60mph time. The Evija has been designed to achieve maximum agility and handling, with an advanced aerodynamic package and active suspension system.

Electric sports cars to look out for in 2024

MG Cyberster

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MG, the beloved British car brand that gave us classic roadsters such as the MG Midget and MGB, is set to make a triumphant return to the sports car market with its latest offering: the electric drop-top Cyberster. This sleek and modern sports car, which is set to go on sale in the UK in 2024, promises to offer all the cutting-edge features that today’s car enthusiasts crave.

The Cyberster boasts a design that is both daring and respectful of MG’s rich heritage. With supercar-like butterfly doors and a striking rear-end, this roadster is sure to turn heads wherever it goes. According to Carl Gotham, the advanced design director at the company’s London studio, the Cyberster was intended to create a new generation of sports car drivers and bring back MG’s sporting bloodline in a bold and compelling way.

While MG has been focusing on affordable hatchbacks and SUVs in recent years, the Cyberster is expected to signal a new era of excitement for the brand. With the car’s launch still a year away, we don’t yet know the details of its battery or performance specifications. However, we can be sure that MG will deliver a vehicle that lives up to its reputation for quality and style.

So if you’re a fan of classic roadsters and cutting-edge technology, keep an eye out for the Cyberster when it hits UK showrooms in 2024.

Alfa Romeo Spider EV

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According to CAR magazine, the head of design at Alfa Romeo has stated that the company will eventually release a Spider and coupé.
Alfa Romeo is set to launch EVs starting in 2024 and only produce EVs by 2026, with volume spinners such as the compact SUV, Giulia EV, and Stelvio EV being among the first models.

The STLA platform will give Alfa Romeo the ability to create new body styles without the need for major investments or research and development in chassis technology. The STLA Medium platform has the capacity for 87-104 kWh battery packs that can provide a range of up to 700 km (435 miles as per Stellantis) and 125-330 kW electric drive modules, which makes it a great foundation for Alfa Romeo to produce an electric sports car and revive nameplates such as the Spider or GTV.

Tesla Roadster

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Tesla’s highly anticipated second-generation Roadster is an all-electric sports car with impressive specifications, including three electric motors, torque vectoring, all-wheel drive, and a top speed of at least 402 km/h.

The Roadster prototype boasts a 200 kWh battery pack that supports supercharging at 350 kW DC charging and an unrivaled range of 620 miles at highway speeds, which could be the longest range of any production EV. The car will be available in either a 2- or 4-seat configuration, with a removable glass roof and the possibility of featuring Tesla’s patented laser windshield wipers.

The next-gen Tesla Roadster is expected to be launched by the end of 2023, with prices starting at around USD 200,000. With the optional SpaceX package, the car could reportedly reach 60 mph in just 1.1 seconds. It is expected to have the highest range of any EV on the market.