Mazda’s CX-60 PHEV now qualifies for the 8% Benefit-in-Kind bracket, resulting in reduced company car tax for fleet drivers.

Mazda’s CX-60 PHEV now qualifies for 8% BiK

Launched last year, the brand’s flagship SUV debuted the brand’s inaugural plug-in hybrid powertrain, since joined by a choice of diesel versions.

While the PHEV powertrain was initially rated for the 12% BiK band, Mazda has now had confirmation that it drops to 8% due to rounding up its official electric-only range of 39.15 miles to the 40-mile bracket, as verified by HMRC.

Priced from £45,420, the CX-60 PHEV combines a Skyactiv-G 2.5-litre four-cylinder petrol engine with a 136hp electric motor and a 17.8kWh high-capacity battery. The result is 327hp of power and torque of 500Nm.

The brand’s first PHEV, now joined by the much-anticipated range-extender version of the MX-30 SUV, also delivers WLTP combined fuel consumption of 188mpg and WLTP combined CO2 emissions of 33g/km.

The revised BiK rating means the CX-60 PHEV is one of the few models in the sector that sit in the 8% BiK bracket, further enhancing its appeal to company car drivers.

Late last year, Mazda revealed plans to electrify every model in its line-up by 2030, alongside its announcement of a $10.6bn (£8.9bn) investment into future electric vehicle technology.

Its three-phase plan includes an initial focus on strengthening technology development, supply chains and cost reduction efforts, followed by work to refine its electrification and manufacturing technologies and launch new battery electric vehicles globally. The final phase will work to achieve electrification across all its models by 2030. By this date, the company is now aiming for 25-40% of its global sales to comprise electric vehicles, having previously targeted 25%.

The brand has also recently established JVs to develop a production and supply framework for electric drive units and to develop motor technology, and is exploring battery production. It’s also hinted at the arrival of a fully electric MX-5.

This spring has also seen the arrival of the MX-30 R-EV rotary range-extender, providing a plug-in hybrid version to sit alongside the existing BEV fully electric variant, further augmenting Mazda’s EV line-up.

Priced from £31,250, the same as the BEV version, it has a 53-mile pure electric range – again putting it in the 8% BiK bracket. Meanwhile, the combined powertrain has a total range of over 373 miles; some three times the official 124-mile range of the MX-30 BEV.