electric/hybrid

BYD and Octopus turbocharge EV revolution at Energy Tech Summit

EV manufacturer BYD UK, a subsidiary of the Chinese BYD Group, has joined forces with UK energy supplier Octopus Energy to announce the launch of the Power Pack Bundle, the UK’s first vehicle-to-grid (V2G) bundle, enabling electric vehicles (EVs) to act as batteries on wheels – both charging and sending power back to the grid at peak times, thereby reducing the need to turn on polluting fossil fuel plants.
BYD and Octopus turbocharge EV revolution at Energy Tech Summit
Courtesy of BYD UK.

Announced today at Octopus Energy’s Energy Tech Summit at Evolution in Battersea Park, the Power Pack Bundle will include a leased V2G-ready BYD Dolphin, a V2G Zaptec Pro charger and access to a smart tariff that offers completely free charging at home.

The Power Pack Bundle will be available later this year, but interested customers can place a reservation on the list with Octopus EV.

The Power Pack Bundle uses Octopus Energy Group’s tech platform, Kraken, enabling typical EV drivers to slash their bills by £620 a year compared to charging on a standard variable tariff – and save almost £1000 compared to fuelling up a gas-guzzler. EV drivers plug their car in during the evening hours and the technology takes over, providing guaranteed free home charging for the miles covered by their lease.

“V2G is the game-changer for drivers and the grid” said Greg Jackson, Founder of Octopus Energy Group. “For the first time ever, drivers can effortlessly power their homes and help the grid – and drive for free in return. V2G is here, available at scale, and ready to revolutionise our entire energy system.”

This is the first time V2G tech has gone commercial in the UK, thanks to the BYD Dolphin’s technology. With more V2G-ready cars coming soon, hundreds of thousands of EVs could soon act as mini power stations.

Octopus and BYD have also partnered with Motability Operations to make the V2G technology available to disabled people across the UK.

“We’re thrilled to officially launch our V2G project with Octopus Energy and Kraken” added Stella Li, Executive Vice President of BYD. “BYD is fully committed to making intelligent, innovative, sustainable technologies available to our customers, and this project will allow them to unlock the full potential of electric vehicles - not just as transport but as dynamic assets that can play a key role in supporting the grid. Together with Octopus Energy, we’re enabling EV owners to play an active role in the energy ecosystem, reducing costs and increasing the resilience of renewable power systems.”

For additional information:

BYD UK

Octopus Energy

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