About Us:
Octopus Electric Vehicles (EV) is the electric leasing arm of the Octopus Energy Group. They are on a mission to make it easy and affordable to switch to electric driving. Since 2018, they have been helping drivers adopt an EV by offering complete EV packages that include the car, charger, energy, all in one hassle-free bundle.
Octopus EV offers all types of electric leasing options, from personal contract hire, business contract hire, fleet solutions to their flagship product; EV salary sacrifice.
As the UK’s largest EV-only leasing company, Octopus EV has funded and delivered over 35,000 EVs, launched 7,000+ B2B salary sacrifice schemes, and now gives over one million employees access to green driving through salary sacrifice.
Octopus EV prides its customer centric approach with 4.8 stars on Trustpilot, thanks to their focus on service, impartial advice, and education. Their team of EV Experts guide drivers through choosing a car, installing a charger, switching to the cheapest, greenest tariffs, and understanding charging options. Octopus EV truly believes the eco choice should always be the easy choice.
Octopus EV doesn’t stop at leasing. They run test drive events, pop-up roadshows, while supporting and delivering future-ready solutions like Electroverse, Octopus Energy Group’s charging network, and Vehicle-to-Grid (V2G) technology. Since their launch, customers have already helped avoid 60,000+ tonnes of CO2 emissions.
Backed by Octopus Energy Group, and supported by major financial partners including HSBC Asset Finance, Octopus EV reinvest profits into their people, technology, and growth. Recognised as one of the UK’s top ten companies to work for by the Sunday Times, their culture is built on doing the right thing brilliantly.
With the Zero Emission Vehicle mandate ahead, Octopus EV is poised to lead the charge, making driving electric not just possible, but exciting, affordable, and accessible for all.
Products/Services Offered:
Octopus EV offers a range of fully electric leasing products, however their flagship proposition is their 100% electric salary sacrifice scheme.
How does it work?
Octopus Electric Vehicles salary sacrifice scheme is an employee benefit that allows your team to access a range of electric vehicles with no upfront cost.
As the employer, you lease the car package on behalf of your employee. Your team member gets to drive a brand-new electric car using part of their gross salary – making savings on Income Tax and National Insurance.
Employees will pay a small amount of company car tax (Benefit in Kind), which is a fraction of the cost of their hybrid, petrol or diesel counterparts, making EVs a financial no-brainer.
It’s win, win. You get to supercharge your employee benefits package while supporting your journey to net zero – plus your team can make some huge savings.
It costs nothing to set up and is easy to run. No catch. Just great value. And yes, it’s open to businesses of all shapes and sizes.
Why is salary sacrifice great for employers?
- Hit your net zero targets.
Become more sustainable and reward your teams at the same time. Just one EV can help save 1.7 tonnes of CO2 per year which is equivalent to a return flight from London to Perth! Many businesses have utilised Octopus EVs salary sacrifice scheme in their carbon reports to get certifications and help hit their environmental targets.
- Attract and retain the best people.
75% of employees say they’re more likely to continue working for an organisation that helps them contribute to a greener planet – Octopus EVs scheme provides a climate conscious choice for your employees.
- Pay less National Insurance.
Your business saves on National Insurance, which you can opt to put back into the scheme or invest in wider benefits!
- Early-termination protection.
Octopus EV knows things can change, so they give flexibility if someone leaves the company or doesn’t need the vehicle anymore due to life events.
- Hassle free scheme.
Through Octopus EV’s dedicated HR dashboard and employee quote tools, the scheme is easy to launch and administer. Their digital tools can plug into whatever systems you have for employee benefits and you always have support from an Account Manager.
Why is Octopus EV salary sacrifice great for employees?
- Make big savings on the whole EV package.
Remove the need for third parties and get your car, charger and energy all in one deal from Octopus EV. Save up to 40% through salary sacrifice, and get your insurance, servicing and tyres thrown in too.
- Free home charger and exclusive tariff
If your team has off-street parking, Octopus EV will throw in a free home charger, 4,000 free miles of electricity and an extra 1p off overnight rates if you switch to Intelligent Octopus Go – EV Saver.
- Free public charging
If your team will be charging on the road they can take advantage of Electroverse. Octopus EV will top up your public charging card with 4,000 free miles.
- Simple and hassle free ordering
Dedicated EV specialists to help your team every step of the way as well as Octopus EVs state of the art dedicated quoting tool.
- 4.8 star customer service
Not only do Octopus EV have a 4.8 star rated EV salary sacrifice scheme on Trustpilot, but they’re part of Octopus Energy Group, the UK’s largest and most awarded energy supplier. They have learnt from the best at Octopus EV.
- All employees get access to renewable energy offers
Just for a company signing up to Octopus EV salary sacrifice scheme, ALL employees get access to £500 extra discount on solar or heat pump home installations via Octopus Energy.
- Nearly new EVs
Octopus EV offers 2nd hand EVs to make it even more affordable and sustainable to get behind the wheel.
In summary, businesses get more with Octopus Electric Vehicles. Their salary sacrifice scheme is free to join, simple to run and offers employees the whole EV package.
Exclusive Offers:
Octopus EV can offer up to £250 of additional Electroverse charging credit to drivers associated with a referred business.
Get in touch:
https://octopus.typeform.com/to/gzs2aBUw#partner=Engage%20Health%20Group&orgid=79678
