Octopus Electric Vehicles, an EV business whose parent is Octopus Energy Group, has announced a partnership with Co Charger.
According to a statement, the new association aims to help unlock the potential of community charging to make EVs better value for everyone.
Co Charger said that community charging addresses an awkward truth in the switch to EVs: those who can’t have home chargers are over five times less likely to go electric, the statement said.
The partnership aims to make it easy for those with private chargers to share them with neighbours who can’t have them. Co Charger aims to give everyone access to affordable, bookable charging while at home, the statement added.
Octopus Electric Vehicles, which offers a home charger with the vehicles they supply, will encourage drivers who lease their EVs to join the service as hosts. They will also ensure people without driveways know about Co Charger as an option to run an EV.
One of the key initiatives of the partnership is the pledge to plant a tree for every new driver who joins the Co Charger app through this joint effort.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataNatalia Peralta Silverstone, head of propositions at Octopus Electric Vehicles, said: “The EV market is coming of age but we must not take our foot off the accelerator. As more drivers make the switch to clean, green, cheaper driving, we need a whole repertoire of charging options. Co Charger is helping to plug the gap for those who don’t have access to cheap charging from their own driveway. Instead, we can create an army of EV drivers to rent out their charger – providing another charging option while earning some cash.”
Joel Teague, CEO at Co-Charger, said: “This is the perfect partnership. Every Co Charger Host can prevent many tonnes of CO2 emissions every year, improve their local air quality, and earn good money while doing it – just by enabling their neighbours to switch away from fossil-fuelled vehicles. Octopus EV is a trailblazer in the transition to EVs, and by adding more Hosts to the Co Charger network they’re making an even bigger difference. By planting just one tree per new Host, we hope to create a small forest that represents well over a million tonnes of CO2 saved.”
Challenges on the road to decarbonisation by 2035