Throughout the subsequent decade, the UK will probably be residence to over 1,000,000 electrical autos. When Octopus Vitality Automobiles first joined this area of interest market in 2018, the purpose was to make EVs reasonably priced and accessible to all. After a whole bunch of highway reveals, hundreds of check drives and 10,000’s of automotive gross sales, they’re properly on their approach to electrical automotive domination.
What do Octopus EV do?
There are 600,000 EVs on the highway proper now, and that is only the start. For the previous 6 years, Octopus Electrical Automobiles have been the UK’s one-stop-shop for getting drivers to make the change. In 2023, they’ve secured £650 million in funding to take their mission even additional.
Utilizing the wage sacrifice scheme, you will get your electrical car for a less expensive worth than is on the market in the marketplace. OEV engineers will then set up your automotive charging system, for a reduced worth. Our tremendous low-cost tariffs will assure nice costs every time and wherever you resolve to cost your automotive.
Lastly, our totally built-in card and app make it so that you’ve got full management and visibility alongside the highway.
Learn on to get an inside-look at OEV’s easy, tremendous bundle:
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Model new electrical automotive
Select from the perfect vary of electrical vehicles. We have even preordered vehicles to get you on the highway faster
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The entire bundle
We provide the whole lot so that you can hit the highway: automotive, charger, power, insurance coverage, upkeep and a lot extra
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Free residence charger
In case you have off-street parking we throw in a free residence charger with customary set up
First up: Over 3000 companies together with Nandos and Mclaren have signed up for our EV Wage Sacrifice. So what precisely is it?
Their mission is to create a greener, fairer future by dashing up the electrical revolution. To do that, EVs must be extra reasonably priced, as they aren’t usually the most affordable in the marketplace. OEV have give you some radically ingenious methods to deal with this, beginning with the wage sacrifice scheme. With this, they’ve lobbied the federal government to supply low firm automotive taxes for EVs between 0%-2%. In comparison with the 20% tax fee for petrol/diesel vehicles. Alongside the wage sacrifice scheme, this implies workers can save 30% to 40% each month on their automotive.
The scheme additionally comes together with entry to the Electroverse, the one-stop store managing every facet of your EV.
In simply 2 years, 3000 companies together with Mclaren and Nando’s have signed as much as the scheme on behalf of their prospects. Some with greater than half 1,000,000 workers. Sometimes anyplace between eight to 12% of a enterprise enroll over three years so these are large numbers of recent EVs on our roads.
Welcome to the Electroverse
We have developed an incredible charging card and app that covers 400,000 charging factors within the UK and Europe. This Electroverse function simplifies the general public charging course of and offers you entry to a seamless charging course of.
After you have your automotive, the Octopus EV crew will come to your private home to put in your charger and get you all arrange. After all, there are nonetheless challenges to beat on this new frontier in driving. We have to combine the electrical charging system so it’s a easy and seamless course of for patrons, no matter which community they’re on, and which metropolis they’re in. Fortunately, we’re midway there with the Electroverse.
To not point out, in a UK-first, Octopus have now developed a method drivers can cost their autos in public by merely plugging in; no automotive, app, or web site wanted.
At present, we have already acquired public charging in over 25,000 locations within the UK, which is unimaginable in comparison with 8,000 petrol stations within the UK. The business will want a while to completely section out petrol and diesel vehicles, however we venture that by 2050 all vehicles will probably be zero% emission, and the Electroverse will guarantee a clean transmission.
Our tremendous inexperienced, tremendous good tariffs
The Electroverse can even help you rise up to five% – 8% low cost off all public charging, by signing as much as one in all our good tariffs.
The primary EV tariff we launched to the market was the Octopus Go tariff, which continues to be the preferred first alternative for brand new electrical car homeowners. It supplies prospects with 4 hours of cheaper electrical energy. As soon as prospects get used to the dynamic tariffs, they have a tendency to maneuver to the Clever Octopus or Agile tariffs (type of like a gateway drug to superior, cheaper power).
Clever Octopus is one other extremely widespread choice which supplies all of your good automotive and residential charging at tremendous low charges + assured 6 hours of additional low-cost power. The Agile tariff is a bit more concerned and contains electrical energy costs that change each half an hour based mostly on wholesale power costs. It is a nice profit because it usually provides you entry to super-cheap power in a single day. You may as well signal as much as get a textual content message each afternoon to provide the power costs for the following day so you’ll be able to plan forward.
Complete Integration
Alongside our free Octopus app integrations, you’ll be able to have full visibility and management over your automotive charging and power. The app and web site information, let you know precisely when to cost your automotive and what it’ll price you – creating a very seamless EV expertise.
The following stage on this dynamic, revolutionary transition is our Car-to-Grid Powerloop venture. It permits us to make use of your automotive battery as an power storage gadget, which might then be launched again to the grid throughout peak occasions – so we don’t ever have to depend on fossil fuels. By 2030 we can have sufficient EVs on the highway with the mixed capability to energy your entire UK, so this way forward for power is at our fingertips.
We have confirmed it is potential, and now our work is to get folks excited and invested within the know-how so we are able to make it extra reasonably priced and accessible
Fiona, CEO
The market has drastically modified previously 5/6 years as EVs have been nonetheless very area of interest again then. CEO Fiona tells me when she first joined Octopus, there have been solely 5 electrical vehicles and also you couldn’t purchase a brand new automotive with greater than a 100 mile vary. At present, there are 100 completely different fashions for producers and the EV good charging infrastructure has massively grown. The tech behind electrical vehicles has additionally dramatically improved lately, and customary vary EVs just like the Tesla Mannequin One have a spread of 240 miles, earlier than needing to cost.
With 600,000 Electrical vehicles now on UK roads, they’ve grow to be a really actual a part of the good power system.
Ladies in Energy, the management crew:
OEV is led by two extremely proficient engineers: Fiona and Claire. They’re trailblazers in an business that doesn’t usually have girls on the wheel.
Fiona is the top of Octopus Vitality Automobiles; the division that’s spearheading this transport revolution. From working at BWM to the power division inside authorities, she has 20 years price of expertise discovering the true limitless potential of renewable power.
I used to be instantly fascinated by the thought of those electrical batteries on wheels, and the potential that they had to assist stability the grid and create a way more environment friendly power system
Beneath their management, Octopus EV has grown exponentially. Having partnered with automotive corporations like Audi, Volkswagen and BMW to deliver prospects probably the most thrilling vehicles and revolutionary tariffs. Between them, they’ve constructed a crew that appears after one another, and takes care of prospects.
Watch right here as these business leaders give an inside take a look at their Octopus mission:
What does the long run seem like?
To make electrical autos extra accessible to all, we might want to make investments closely in charging infrastructure, extra reasonably priced EV fashions and encourage extra authorities incentives to go electrical. Above all, we’ll want an efficient technique to make sure the grid can address the very excessive power calls for of an electrified transport community.
At Octopus OEV Fiona, Claire and their complete crew have a transparent imaginative and prescient to make this occur.The truth is, Fiona has a treasure trove of revolutionary future concepts she’d wish to work on: ‘‘I’d like to think about a future the place folks can lease and borrow one another’s EVs on a public platform. Type of like an EV airbnb, the place on the times or occasions you’re not utilizing your automotive, somebody pays you to make use of it. This can assist make EVs straightforward and reasonably priced for everybody.’ There’s nonetheless an extended approach to go, however the potentialities for our new electrified world are countless.
To make electrical autos extra accessible to all, we might want to make investments closely in charging infrastructure, extra reasonably priced EV fashions and encourage extra authorities incentives to go electrical. Above all, we’ll want an efficient technique to make sure the grid can address the very excessive power calls for of an electrified transport community.