
OMODA&JAECOO UK has introduced its own EV Tax Rebate on the new all-electric OMODA E5 and JAECOO E5, offering drivers the equivalent of 20,000 miles at 3p per mile.
Launched in response to the UK Budget’s announcement to tax EV drivers 3p per mile for pure electric vehicles (EVs), which will become effective in 2028-2029, OMODA&JAECOO UK will offer a manufacturer-funded saving on qualifying vehicles purchased through its national retailer network using approved finance products.
Although this tax will not come into effect for another three years, this saving can be used immediately on vehicles purchased through OMODA&JAECOO’s national retailer network with an approved 48-month finance agreement**. This ensures that the value of the rebate remains relevant over the full four-year term, effectively pre-covering a portion of the future tax burden during the life of the agreement.
The new saving is designed to ensure customers can immediately benefit from lower running costs and reduced lifetime ownership expenditure at a time when electric vehicles are becoming increasingly central to the UK’s transport and decarbonisation strategy.
Gary Lan, CEO of OMODA&JAECOO UK, said: “Today’s Budget introduces a new 3p-per-mile EV tax from 2028-2029, and we want to make the transition to electric driving as smooth as possible for our customers immediately – not three or four years from now. Our EV Tax Rebate for the OMODA E5 and JAECOO E5 effectively covers the first few years of this new tax, giving drivers the equivalent of thousands of miles of zero-cost motoring. These vehicles represent the forefront of electric mobility, and this initiative reflects our commitment to making clean, efficient, and intelligent transportation more accessible to UK drivers from day one.”
With the average EV said to travel 8,740 miles* each year, OMODA&JAECOO UK intends to cover between two- and three-years’ worth of this new pay-per-mile EV tax with today’s announcement of the OMODA&JAECOO EV Tax Rebate.
The new MY25 OMODA E5 features a new 61 kWh battery, enabling it to have a WLTP-estimated range of 267 miles. Charging capability has also been enhanced, with DC and AC charging rates now at 130 kW and 10.3 kW, respectively, while the integrated charging rates are now 80 kW and 9.9 kW. A heat pump is also now fitted to the E5 Noble further improving efficiency and ensuring an optimised driving range, even in challenging UK weather. With a new adjustable passenger seat, too, the MY25 OMODA E5 is more set up than ever for improved comfort and usability. Prices start at £339 per month with 0% APR finance available on this offer.
Meanwhile, the recently-launched JAECOO E5 Luxury has a 61.1 kWh LFP battery paired with a 207 PS motor, delivering 288 Nm of torque and up to 248 miles (WLTP) of range on a single charge. Acceleration from 0–62 mph takes just 7.7 seconds, and charging is hassle-free – from 30–80% in 27 minutes with a DC fast charging up to 110 kW, however or via a standard 11 kW AC home setup is also available. Prices start at £379 per month at 3.9% APR finance. Terms and conditions apply**.
| OMODA 5 EV 115 kW Noble 61 kWh | JAECOO 5 EV Luxury 5dr 61 kWh | ||
| OTR Cash Price | £34,565.00 | OTR Cash Price | £30,505.00 |
| Customer Deposit | £3,426.00 | Customer Deposit | £4,160.00 |
| EV Grant | £3,750.00 | EV Tax Rebate | £600.00 |
| EV Tax Rebate | £600.00 | Total Deposit | £4,760.00 |
| Total Deposit | £7,776.00 | Total Amount of Credit | £25,745.00 |
| Total Amount of Credit | £26,789.00 | Agreement Term (Months) | 48 |
| Agreement Term (Months) | 48 | Annual Mileage | 8,000 |
| Annual Mileage | 8,000 | Excess Per Mile | 9p |
| Excess Per Mile | 9p | Option to Purchase Fee | £1.00 |
| Option to Purchase Fee | £0.00 | 47 Payments | £379.00 |
| 47 Payments | £339.00 | Optional Final Payment | £10,755.00 |
| Optional Final Payment | £10,856.00 | Interest Charges | £3,423.00 |
| Interest Charges | £0.00 | Annual Fixed Interest Rate | 3.83% |
| Annual Fixed Interest Rate | 0.00% | APR | 3.90% |
| APR | 0.00% | Total Amount Payable | £33,329.00 |
| Total Amount Payable | £34,565.00 |
*Solera CAP HPI newspressuk.com/releases/public-view/single-release/113008
**Terms and conditions
Representative 0.00% APR, on OMODA 5 EV 115kW Noble 61kWh
Representative 3.90% APR, on JAECOO 5 EV Pure 5dr 61kWh and JAECOO 5 EV Luxury 5dr 61kWh
Representative Example based on 8,000 miles per annum. Credit available subject to status.
UK residents 18+. Guarantees may be required.
This offer is available to Retail customers only and is not available in conjunction with any other offers unless specified.
Images shown for illustration purposes.
With Personal Contract Purchase, once you have paid all of your regular monthly repayments you can either 1) Pay the Optional Final Repayment and own the car. 2) Part exchange the car for a new one (subject to settlement of your existing agreement, new agreements are subject to status). 3) Return the car to Creation without paying the optional final repayment. Providing you’ve not exceeded the maximum agreed mileage and the car is in good condition (fair wear and tear accepted) you will have nothing further to pay. If the vehicle has exceeded the maximum agreed mileage then a charge of 9.0p+ VAT per excess mile applies.
Orders must be placed and accepted by 31st December 2025. Offers may be varied or withdrawn at any time.
OMODA & JAECOO UK is an Appointed Representative of Automotive Compliance Ltd, who is authorised and regulated by the Financial Conduct Authority (FCA No 497010). Automotive Compliance Ltd’s permissions as a Principal Firm allows OMODA & JAECOO UK to act as a credit broker, not as a lender, for the introduction to a limited number of lenders and to act as an agent on behalf of the insurer for insurance distribution activities only. We are a credit broker and not a lender. We can introduce you to a limited number of lenders and their finance products. We are not an independent financial advisor and we act as their agent for this introduction. We may advise you on the products, subject to your personal circumstances, though you are not obliged to take our advice or recommendation. We do not charge you a fee for our services. Whichever lender we introduce you to, we will typically receive commission from them (either a fixed fee or a fixed percentage of the amount you borrow). For your reassurance, all of the lenders we work with could pay commission at different rates, but the commission we receive does not influence the interest rate you will pay. Our aim is to secure finance for you at the lowest interest rate you are eligible for from our panel of lenders. If you ask us what the amount of commission is, we will tell you in good time before the Finance agreement is executed. All finance applications are subject to status, terms and conditions apply."