Salut Savings! Octopus Energy takes its trailblazing EV charging scheme to France

• Octopus’ Plunge Pricing scheme heads to France after a successful start in the UK
• Drivers can save up to 50% at 7,000 chargers from leading charging brand Powerdot
• Comes as Octopus’ charging network connects to 97% of all chargers in France

London / Paris, 5 March 2026 – Octopus Energy’s Electroverse, Europe’s largest electric vehicle (EV) charging network, is taking its game-changing ‘Plunge Pricing’ scheme abroad, kicking things off in France.

In partnership with Powerdot, the country’s largest public charging operator, Electroverse will reward drivers with dramatically lower rates for plugging in when the grid is greenest and wholesale electricity prices drop.

EV drivers all across France can now scoop up magnifique discounts of up to 50% on public charging when the wind blows, and the sun shines – saving roughly €5 for every Plunge Pricing session.

France is the first country to benefit from the rollout, building on Octopus Energy’s innovation in the UK, where Plunge Pricing events collectively saved drivers nearly £100,000 since launching the scheme in 2024.

Initially available at all 7,000 Powerdot ultra-rapid chargers in France, Electroverse is already set to roll out its Plunge Pricing innovation across more charge-point brands over time.

The launch comes as France is rapidly ramping up renewable energy generation, creating an abundance of clean electricity that can now be put towards powering cars for less.

With Electroverse already linked to 97% of the 172,000 French public chargers, drivers can power up via the network almost anywhere they travel.

It comes hot on the heels of Octopus Energy’s French retail arm striking a major deal with Powerdot to supply its EV network with 100% clean energy.

Since landing in France in 2022, Octopus has soared to the country’s fifth-largest energy supplier, delivering green energy and stellar service to over 750,000 customers nationwide.

Matt Davies, Founder and Director of Octopus Electroverse, said: “So far in the UK we’ve already helped customers save almost £100,000 with our Plunge Pricing, so we’re buzzing to expand it across the channel into Europe for the first time!

“France is the perfect place to kick things off. Certainly for local drivers, but also for the many UK drivers on holiday or passing through. Drivers can now snag some serious savings on the go, thanks to the flexibility of a renewable-powered grid. And this is just the beginning as we’re gearing up to roll Plunge Pricing out to even more charging networks and drivers globally.”

Afonso Ramos, Co-Founder and Chief Product Officer, said: “Octopus has a remarkable ability to turn energy innovation into tangible benefits for customers. At Powerdot, we share that ambition to rethink electric mobility and make it more accessible and more affordable for drivers.

“We’re particularly excited to introduce Octopus’ plunge pricing model to the French market together, aligning EV charging with periods of excess renewable energy to unlock lower costs for drivers across the country."

This comes as Octopus and Powerdot are already putting their heads together to cook up even more ways for drivers to save on the go, with updates coming soon.

Octopus Electroverse has made public charging simpler and cheaper than ever before. The network has seriously taken off, now connecting over 1 million drivers to more than 1.3 million chargers across 50 countries worldwide – and is expanding at record speed.

It marks Octopus's latest leap to supercharge the shift to clean electric transport with Octopus Electric Vehicles division racing ahead as the UK’s biggest EV-only leasing business.

Drivers interested in Electroverse can sign up here and download the app via the Apple and Android app stores.

-ENDS-

Notes to editors

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.

In France, Octopus Energy ranks as the fifth-largest supplier in the country, with a portfolio of over 750,000 clients. The company is dedicated to driving the energy transition by delivering 100% renewable French electricity to domestic, commercial, and public sector clients."

For more information, check out our website.

About Powerdot

Europe’s leading fast and ultrafast charging point operator in retail spaces, Powerdot operates a network of more than 11,500 charging points across Europe, including over 7,000 in France. Since entering the French market in 2020, the company has played an active role in accelerating the country’s energy transition by making fast charging accessible to drivers across all regions, at everyday destinations such as supermarkets, restaurants and shopping centres.

To support this ambition, Powerdot has raised nearly €500 million to expand its infrastructure and accelerate the electrification of mobility across Europe. Backed by major partnerships with brands such as Carrefour, Mr. Bricolage and Accor, the company continues to scale its network, with more than 4,000 additional charging points currently under deployment across Europe, including nearly 1,500 in France.