Octopus launches ‘all-you-need’ EV package  

Octopus Electric Vehicles has launched a product which bundles an EV, charger and electricity tariff into a single package.

The company claims its “ultimate” EV package will save UK drivers up to £3,775 on fuel bills over the course of a three-year contract on its Intelligent Octopus tariff.

Intelligent Octopus uses the company’s proprietary KrakenFlex platform to charge vehicles using an Ohme Home Pro charger when it is best for the energy system. The green tariff has a window of six hours between 23:30-05:30, during which charging costs 7.5p/kWh.

Under the deal customers’ monthly bills will cover the car, tyres, servicing, repair and also breakdown assistance from The AA.

In addition drivers will receive 5,000 free miles on the tariff. If they do not have access to home charging, they will instead receive 5,000 free miles on Octopus’s public Electric Juice Network.

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

The news comes as the company announces it is expanding its US operation to create Octopus Electric Vehicles US.

Fiona Howarth, chief executive of Octopus Electric Vehicles, said: “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.”

David Watson, chief executive of Ohme, said: “We are delighted to be the only approved smart home charger for Octopus Electric Vehicles with this exciting new offering for future EV drivers.

“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 5000 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.”

Meanwhile Edmund King , president of The AA, said: “As EVs become more prevalent, so too do the needs of drivers looking to make the switch.

“Alongside the myriad of support options for new customers, we are very excited to be providing our breakdown assistance to Octopus EV’s ultimate EV package. This innovative product really shows that no boxes have been left unchecked when drivers transition to a greener vehicle.”