Octopus plugs into EV fleet charging market

• Newly launched ‘Octopus Fleet’ product brings fleet needs neatly under one roof
• Businesses of all sizes can mix and match Octopus’s best-in-class fleet solutions, wherever they are on their electrification journey
• Comes as Octopus rolls out game-changing ‘home charging reimbursement’ scheme

London, 18 February 2026 – The UK’s shift to cheap, clean transport got a major boost with the launch of ‘Octopus Fleet’ – the one-stop shop for all businesses looking to electrify their fleet operations with ease.

Whether businesses are just getting started with EVs or already going full throttle, Octopus Fleet offers the ultimate mix-and-match of smart solutions – from fleet payment tools and cutting-edge home and public charging to all-around tariffs and electric vehicle (EV) charger, solar or battery installations.

Fleets can build their own tailored system from Octopus’s world-class suite of tech-packed products:

• Europe’s largest public charging network ‘Electroverse’ – unlocking one-tap access to over 1.3 million charge points globally across more than 50 countries
• Octopus’s Fleet Charging Card – enabling seamless top-ups for existing fleets transitioning to electric
• Octopus’s Visa-powered Business Payments Card – making it easy to pay, track and save on the move – from charging and meals to car washes and tolls
• EV chargers, rooftop solar, and batteries – allowing fleets to slash running costs with clean tech

This comes as Octopus is rethinking driver convenience with the launch of its Home Charging Reimbursement scheme – a brand-new offer that unlocks faff-free fleet top-ups at home. 

Fleet drivers simply plug into their compatible home EV charger and select whether the charge is for business or personal use. Octopus’s technology takes it from there, automatically reimbursing the driver’s energy account for all business charges each month.

That means less admin, clearer cost control, and all charging data wrapped up in a single invoice for the entire fleet.

This comes as fleets remain the main driver of the UK’s transition to clean transport, making up almost one in four new EV registrations in 2024.*

Matt Davies, Director of Octopus Electroverse and Octopus Fleet, said: ”Choosing an electric vehicle is easier than ever, but every business operates differently and we’ve seen that it can be a challenge to scale up electrification efforts, and to make the EV switch a no-brainer for drivers. 

“With Octopus Fleet we’re offering a ‘menu’ of simple products that make sense regardless of how a fleet operates - with great options across public, home and depot charging, and for keeping your existing fleet running.” 

Octopus has been leading in boosting EV adoption across the UK. One of the company’s recent homegrown innovations, Plunge Pricing, is a world-first. Fully plugged into the Electroverse roaming network, it unlocks discounts of up to 50% whenever an abundance of green energy is flooding the grid.

Businesses looking to learn more can visit the Octopus Fleet website for all the details.

-ENDS-

Notes to editors

* Society of Motor Manufacturers and Traders, January 2025

Press Contacts

Octopus Energy Group

Christina Hofmann

press@octoenergy.com

+44 (0)20 4530 8369

About Electroverse

Launched in summer 2020, Octopus Electroverse is Octopus’ answer to the frequent complaint that Electric Vehicle (EV) drivers need many different apps and cards to use the many different brands of EV charging stations. Electroverse is making public charging simple by having just one card and one app, with zero added costs or ongoing fees, and support for the latest in-car technology.

EV drivers across the globe can now access over 1.3 million different charge points from over 1.300 different charging operator brands in 50 countries. Electroverse is open to anyone, and Octopus Energy customers have the option of linking their public EV charging with their home energy bill for the ultimate simplicity. Electroverse won ‘Best EV Innovation’ at Driving Electric Awards 2021, ‘Mobile Innovation of the Year’ at National Tech Awards 2024, and ‘Best Consumer Proposition’ at the Electric Vehicle Innovation and Excellence Awards 2024. 

For more information on Electroverse, head to our website.

About Octopus Energy Group

Octopus Energy is a global clean energy and technology business, driving the affordable, green energy system of the future. Under its own retail brand, Octopus delivers world-class customer service and cutting-edge energy products to 11 million households globally.

The company is driving the electrification of heat and transport through smart tariffs and innovative clean tech, with operations spanning 27 countries and the entire energy value chain. It operates a £7 billion renewables portfolio as well as thriving EV leasing, heat pump, and solar businesses. Backed by pension funds, investors and energy giants, Octopus Energy Group businesses deliver cheaper, greener energy and cutting-edge tech to countries and customers worldwide.

For more information, check out our website.