Octopus Energy adds 23 electric vans from Peugeot to their clean, green installation fleet

• Octopus Energy adds 23 Peugeot e-Expert vans to its engineering fleet
• Engineers will be coming full circle by using the vans during installation of electric vehicle charging stations
• The vans were provided via Octopus Energy’s own leasing company, Octopus Electric Vehicles

London, 15th July 2021 - Today, Octopus Energy unveils their new fleet of electric e-Expert Peugeot vans for their engineering team, Octopus Energy Services, who will be installing the same electric vehicle chargers that the vans would use in the homes of customers.

Octopus Energy Services previously worked with a fleet of 60 Peugeot Expert diesel vans, and will be making the switch over to electric variants from June this year, ahead of the launch of their new Decarbonisation of Heat Centre. The centre will see thousands of engineers trained to install heat pumps as a clean replacement to boilers.

The company has opted for 23 of the Peugeot e-Expert models with a 75kWh battery, allowing the vehicle to operate with a range of up to 205 miles, which will get the teams across the capital and south of England where they primarily operate. The vans will have more than enough space for tools, electrical equipment, PPE and even wifi dongles so that customers working from home can still use the internet when installations are being made.

In a tiered deal for the company, the Peugeot e-Expert vans are being leased to Octopus Energy Services via their sister company, Octopus Electric Vehicles. The fully electric leasing provider has made large strides in recent years, now being able to provide business fleet solutions and a salary sacrifice product for businesses, meaning any company can opt for the clean, green option for their transport needs.

John Szymik, CEO of Octopus Energy Services, said:

“As a green energy provider, we are focused on driving the renewable energy revolution globally. We don’t just mean in the energy industry either, with transport being the UK’s largest carbon emitting sector it’s high time we put the brakes on unnecessary petrol cars on the road.

“Our 23 new Peugeot e-Expert vans ensure we are firmly in the driving seat as we begin decarbonising our whole engineering fleet. With our new vehicles we’ll be able to install even more electric vehicle chargers across the country and help improve air quality in our cities.”

Fiona Howarth, CEO of Octopus Electric Vehicles, said:

“Not only have we added 23 new electric vans to our engineering fleet, we’ve also leased them entirely through our Octopus Electric Vehicles fleet solution. By making it easier and cheaper for all businesses to switch to electric vehicles and install the necessary infrastructure needed at their place of work, we can clean up the UK’s transport system and pave the way for cleaner, greener cars.”

-ENDS-

About Octopus Energy Group

Octopus Energy Group was launched in 2016 with a vision of using technology to make the green energy revolution affordable whilst transforming customer experiences. It is a certified B-corp, and its domestic energy arm already serves 2.2 million customers with cheaper greener power, through Octopus Energy, M&S Energy, Affect Energy, Ebico, London Power and Co-op Energy.

Octopus Energy for Business manages over 25,000 customers with proprietary energy offerings. Octopus Electric Vehicles is helping make clean transport cheaper and easier, and Octopus Energy Services is bringing smart products to thousands of homes. Octopus Energy Generation is Europe’s largest investor in solar energy, managing a £3.4bn portfolio of renewable energy assets throughout the continent.

All of these are made possible by OEG's tech arm, Kraken Technologies, which offers a proprietary, in-house platform based on advanced data and machine learning capabilities, Kraken automates much of the energy supply chain to allow outstanding service and efficiency as the world transitions to a decentralised, decarbonised energy system. This technology has been licensed to support over 17 million accounts worldwide, through deals with Good Energy, E.ON energy and Origin Energy.

In December 2020, Octopus Energy Group was valued at over $2 billion after closing its second investment round of the year led by international energy companies Tokyo Gas and Origin Energy. With operations in the US, Japan, Germany, New Zealand and Australia, Octopus Energy Group's mission to drive the affordable green revolution is going global.

About Octopus Electric Vehicles

Octopus Electric Vehicles, part of the Octopus Energy Group, was launched in 2018 to offer a dedicated electric vehicle (EV) leasing service to grow the market share of electric vehicles and accelerate the UK’s transition to zero emission mobility. The company offers every EV available with a range of at least 100 miles.

Offering an all-in-one service, Octopus Electric Vehicles’ expert team helps drivers to select the right car, offers charge point installations and provides electricity tariffs designed for EV drivers. The company’s Electric Dreams service is a salary sacrifice scheme that helps businesses, workplaces and employees to go electric in the most tax-efficient manner.

Drivers typically save between 30-40% on monthly leasing payments, and even up to 60% in some cases. The scheme is a zero-cost and risk free perk to employers, with just 15 minutes of admin per month for every 10 employees signed up.

More information can be found at www.octopusev.com