New customers can now charge their vehicles on-street from as little as 22.5p per kWh (7p a mile) through EV-only leasing company Octopus Electric Vehicles (OEV), aimed at making the switch to electric cheaper and more accessible than ever before.
There are now nearly double the amount of EV chargers in the UK than petrol pumps, meaning that for those without a drive, charging on the go is now more accessible than filling up ever was.
A full charge for a typical MG4 electric car would cost around £16 at the discounted rate, about 7p per mile. That is only around 5p per mile more than smart charging at home and half the cost of running a Volkswagen Golf at around 17p per mile and £75 a tank.
Initially launching at 20,000 chargepoints from on-street charging specialists Ubitricity and Connected Kerb, Octopus plans to roll out the offering to more locations and brands across the UK.
OEV drivers will be able to make savings by powering up through public charging network Octopus Electroverse.
“We’re making EV driving cheap for everyone, not just those with driveways” said Gurjeet Grewal, CEO of Octopus Electric Vehicles. “We’ve already helped thousands of drivers switch to electric but the landscape is changing fast, and more people without driveways are becoming EV-curious. With the increased prevalence of affordable kerbside charging and cars, now’s the perfect time to offer drivers a bundle designed for those who can’t charge at home. By cutting kerbside charging costs in half, even more drivers can enjoy the savings and simplicity of going electric – and we’re thrilled to help people from all corners of the UK join the EV revolution.”
The offer comes hot on the heels of Octopus reporting a 36 percent spike in EV leasing interest, as volatile fuel prices push more consumers towards the stability of electric.
For additional information:
