Octopus launches ‘one-stop shop’ EV package including the vehicle

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  • #190099 Reply

    Octopus launches ‘one-stop shop’ EV package including the vehicle, charger and flexible tariff

    Octopus Electric Vehicles has launched a new package that provides drivers in the UK and the US with a car, charger and energy tariff.

    The package includes the combined use of the Intelligent Octopus tariff and a free Ohme Home Pro charger.

    Intelligent Octopus uses KrakenFlex – the Octopus Group’s smart energy management platform – to charge EVs when it is best for the energy system. It includes a low-cost window of six hours, between 23:30-05:30 when the price sits at just 7.5p/kWh.

    According to Octopus, the tariff is the UK’s first 100% flexible charging tariff. It is available for all EV drivers with an Ohme Home Pro smart charger – not just those purchased as part of the new package.

    The company pointed to the wider benefits of smart charging EVs, highlighting analysis from the Carbon Trust and Imperial College which found a fully flexible energy system could reduce costs in the UK by up to £16.7 billion a year by 2050.

    Along with the saving gleaned from using smart charging, as part of the new package EV drivers will be given 5,000 free miles on the tariff. If they do no have access to home charging, they will gain access to 5,000 free miles on the Electric Juice Network – Octopus’s public charging network that includes 250,000 chargers across Europe.

    An average UK driver on Intelligent Octopus with 5,000 free miles can expect to save up to £3,775 on fuel costs over the course of a three-year lease period when compared with an equivalent petrol car, according to Octopus.

    “This new package makes it easy for motorists to make the switch to electric in a way that’s simple and hassle-free. With the car, Ohme Home Pro smart charger, EV energy tariff and 5,000 miles of free charging all rolled into a single bundle, it’s a one-stop shop for drivers to make the switch to an electric vehicle,” said David Watson, CEO of Ohme.

    In addition to the charger and tariff, a new part of the Octopus Energy Group – the Electric Vehicle disruptor – has opened in the UK, with a second country base in the US being set up.

    This builds on the company’s salary sacrifice scheme, which has signed up 1,500 businesses since it was launched in 2021 for employees to get EVs at reduced upfront cost. In May, Octopus Electric Vehicles’ received multi-million pound funding from HSBC UK to further grow the salary sacrifice scheme.

    Like the scheme, the new package will see customers’ monthly bills covering the car, tyres, servicing, repair and breakdown assistance from The AA.

    Additionally, Octopus Electric Vehicles will guide customers through the whole experience, it said, helping drivers pick the right car and answering any questions they might have.

    “Demand for electric cars is soaring – driven by over 65 amazing cars from 28 manufacturers, low running costs and convenient charging at home and work,” said Fiona Howarth, CEO of Octopus Electric Vehicles.

    “We’ve seen that drivers are looking for experts that can offer the full EV package to guide them through their journey. With more EV models entering the market every month, and innovative tariffs like Intelligent Octopus making charging your car as easy as your phone, we only expect the transition to accelerate.”

    Octopus Electric Vehicles has preordered popular EVs already for its distributor, to help manage the long lead times currently being seen in the sector. The typical delivery time for an EV in the UK is now between 40 weeks and a year, according to recent research from NewAutomotive.

    Along with launching the EV driver package in the UK, the company is launching Octopus Electric Vehicles U.S. This comes a year after Octopus Energy – the supplier arm of the Octopus Group – launched in Houston, with its customer base having already grown tenfold.

    In the US, Octopus Electric Vehicles has launched a personal leasing product dubbed EV Concierge, as part of the new EV package, to help accelerate adoption in Texas and across the US.

    The only person who got all his work done by Friday was Robinson Crusoe.
    Anything i post over three lines long please assume it is an article lol.

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  • #191156 Reply

    I think I am totally against this. It is my personal opinion that the cheap tariffs need to disappear. Most people are in their arse with the cap .  I know it promotes driveers to use the grid when it’s not busy but it’s also a kick in the teeth to mr Joe Bloggs who cannot afford a EV and that EV driver is rewards with cheap electricity

    #191184 Reply

    On the surface, this seems a good idea. Closest that I’ve seen to MB’s “all-inclusive” lease/tariff which, to me, is the most attractive benefit of the scheme. However, as the saying has it, There ain’t no such thing as a free lunch and I am sure there’s a catch/con lurking in there somewhere. Indeed, anything involving HSBC is going to be dangerous. Don’t trust ’em.

    #191179 Reply

    I disagree with your comments on this, the EV tariffs actually help subsidise the normal rates.  People on these tariffs pay more per KWh in the day than the cap, and the cheap electricity is using the excess provided by the grid at the low demand times.  Effectively encouraging people to use less electricity during peak times.  Yes for those who can afford an EV, or get one on Motability, it is very much cheaper for them but it does also encourage the move away from petrol and diesel and we know what continued CO2 emissions are doing to the climate.

    #191192 Reply

    In the uk 15% of the co2 comes from cars and 20% from our homes, where does the other 65% come from and what really is being done about it, or is it just us the people who must lower our usage and output and be net zero by 2050.

    Rain forrest the size of new york was removed from the amazon recently and it seems we are removing nature’s solution and looking at installing mechanical one’s, Which need more energy creating them and it cannot just be created without using energy to create it and then to maintain that infrastructure it all cost$$$ and who making it..

    Industry is the biggest creator of co2, making an ev creates more co2 and only after x years does it become better than fossil fuel. The real solution right now would be to keep the cars we have made already for as long as possible rather than scrapping them or changing them every 3 years, like on the scheme.

    Getting a new car is not good for the planet, but it is good for the profits. It’s another reason I decided to leave the scheme recently and buy a car and keep it for longer, how long really does depend on many factors but no longer will i be looking to swap, just for the sake of it or I feel like a having new car.

    In real terms globally co2 levels rose 6% in 2021, Increased use of coal was the main factor driving up global energy-related CO2 emissions by over 2 billion tonnes, their largest ever annual rise in absolute terms.

    I see this only getting worse as right now it’s make more sense to use coal over gas due it’s costs to create energy, all they care about is their margins, profits and dividends.

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