Should you get an electric car in 2024?

Octopus EV intelligent banner ford car

There are now more than 1 million EVs on our roads and around 1 in 5 new cars sold are now fully electric. Sales of used EVs in Q1 2024 were up a whopping 71%!

As battery technology improves, prices come down and charging infrastructure improves, there’s never been a better time to get an EV.

Octopus Electric Vehicles is our sister company, helping thousands of drivers go electric in the smartest way possible.

They’ve launched Intelligent EV by Octopus, the smartest way to get an electric car, with prices starting from less than £350 per month. Explore Intelligent EV here

5 reasons there’s never been a better time to get an EV

  • More choice than ever. The number of makes and models just keeps going up and up. At an event Octopus Electric Vehicles held in May '24 for customers, we had 137 different cars from 41 manufacturers for people to test drive.
  • More affordable models. There are now 13 car models available in the UK under £30,000, and we have cars available to lease for less than £350 a month
  • Electric car prices are getting cheaper and cheaper. As the cost of making batteries comes down and the market becomes more competitive, prices are coming down. In June 2024, prices of new EVs were down 18%.
  • More public charging stations than petrol stations. It's a little known fact that there are now more than 4 times more public charging stations in the UK than petrol stations (around 33,000 vs. 8,500) and we’re adding 20,000 new chargers a year with the fastest growth in rapid chargers – so you don't even need home charging! With Octopus Electroverse you can charge at more than 800,000 public chargers via a single card.

Intelligent EV by Octopus: the smartest way to get an electric car

EVs on a lawn

Electric vehicles are getting smarter by the minute. And not just the cars - technology will make driving an electric car easier, cheaper, greener and more fun.

That's why we’ve launched Intelligent EV, to make sure you've get the most up-to-date technology out there.

With Intelligent EV you’ll get:

  • The latest EVs: New electric cars with the latest tech
  • Pay to drive, not own: Lower your costs by paying monthly, without having to worry about owning it.
  • Smart home charging: Automatically charge at times when energy is cheapest and greenest with Intelligent Octopus Go - EV Saver*
  • Smart public charging: Pay with one card and get 8% off all public charging with Octopus Electroverse
  • Servicing & maintenance: We'll keep your car in tip-top condition with servicing, maintenance and repairs included
  • VIP customer service: We'll look after you with renowned Octopus customer service

Cars starting from less than £350 per month

Published on 20th August 2024 by:

image of Maddie Inglis

Maddie Inglis

Social Media Manager

Hey I'm Constantine, welcome to Octopus Energy!

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