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VOLKSWAGEN GROUP UK SIGNS DEAL WITH OCTOPUS ENERGY TO OFFER GREEN HOME ENERGY TO ITS CUSTOMERS

Sep 24, 2020

Milton Keynes, 24 September 2020: Volkswagen Group UK is partnering with Octopus Energy to encourage customers to keep their carbon emissions low while reducing their electric vehicle running costs by switching their home electricity and gas supply to the green energy provider.

As part of its commitment to CO2-neutral vehicle manufacturing, Volkswagen Group UK will be offering free driving miles to customers who move to a 100% renewable dual fuel Octopus Energy tariff, when they purchase an electric vehicle. This will be presented in the form of a credit of £90 to their energy account – the equivalent to several thousand miles, depending on the model.

The offer will be launched across the Group’s Volkswagen Passenger Cars, Volkswagen Commercial Vehicles, Audi, SEAT and ŠKODA brands in the coming months, complementing the recent launch of the Volkswagen ID.3, and its current and future electric stablemates. These include the Volkswagen ID.4, Volkswagen ABT e-Transporter 6.1, Audi e-tron and e-tron Sportback, SEAT Mii Electric, CUPRA el-Born and ŠKODA ENYAQ iV – as Volkswagen Group’s electric vehicle range expands.

The latest model is the ground-breaking Volkswagen ID.3 – an all-new electric hatchback which demonstrates all the virtues of electric mobility such as enhanced interior space while maintaining a compact footprint, impressive agility, and acceleration akin to a more performance-oriented model, all while being certified as a carbon neutral product by TÜV NORD CERT. This COneutrality will continue into the car’s life if the owner chooses to use renewable energy, such as that offered by Octopus.

As part of the collaboration between the two companies, Octopus and Volkswagen Group UK are even extending the offer to existing Octopus customers who buy a new Volkswagen Group electric vehicle.

The Volkswagen Group’s electric vehicle line-up will span up to 75 fully electric models by 2029, building upon the electric portfolio of each brand to provide zero-emissions mobility in every major segment.

Key to this commitment is the modular electric drive matrix (MEB), which allows multiple, diverse models to be built around the same common architecture. The MEB platform also allows scalable battery capacities thanks to the ‘chocolate bar’ design of the battery pack, meaning that multiple range potentials can be offered on each model, to suit different budgets and requirements. The economies of scale offered by the MEB platform allow affordable electric mobility across the entire Volkswagen Group.

Octopus Go is Octopus Energy’s revolutionary 100% green electricity tariff for electric vehicle (EV) drivers. It offers low-priced 5p/kWh electricity between 00.30 and 04:30 every night so that customers can charge their EV for less, while they sleep. Peak unit rate depends on the customer’s geographical location within the UK but as a guide is around 14p/kWh, with a standing charge of 25p.

Volkswagen Group UK Managing Director Alex Smith commented on the announcement of the partnership: “With the first Volkswagen ID.3 models being handed over to customers in the UK last weekend, I am delighted that we can complement this transformational move to e-mobility with the announcement of Octopus Energy as our Volkswagen Group green energy supplier. Electric vehicle customers of Volkswagen Passenger Cars, Audi, ŠKODA, SEAT and Volkswagen Commercial Vehicles can take comfort in knowing that they are able to enjoy CO2-free motoring with Octopus Energy.”

Also commenting on the partnership, Greg Jackson, CEO and founder of Octopus Energy, said: “Transitioning the transport sector to green power is top of the agenda for Octopus, so we’re incredibly excited to be partnering with Volkswagen Group to bring green energy and EVs to more homes across the UK. Volkswagen’s commitment to electric vehicles is a huge step to decarbonising our roads and protecting our planet, and we hope that more vehicle manufacturers will follow in its footsteps.”

ENDS

Press contact:
Oliver Larkin
Head of Group Corporate and Public Relations
07767 418946
oliver.larkin1@vwg.co.uk 

About Octopus Energy:

Octopus Energy was set up in 2016 with the aim of providing energy that is good for the planet and good for the wallet. The company now supplies energy to 1.5 million UK homes and is growing rapidly. Octopus Energy has an excellent customer service reputation and were rated as 5*Excellent on Trust Pilot and are the only supplier to be recommended by Which? as recommended supplier for the last three years. 

All of its tariffs use 100% green electricity – and claim not to be more expensive than competitor non-green tariffs. Customers can also offset their gas if they want to minimise their environmental impact even further. Also, Octopus offers fair and transparent prices, won’t lock customers into a contract and aims to make everything as easy possible.

About the Volkswagen Group:

The Volkswagen Group, with its headquarters in Wolfsburg, is one of the world’s leading automobile manufacturers and the largest carmaker in Europe. The Group comprises twelve brands from seven European countries: Volkswagen Passenger Cars, Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania and MAN. The passenger car portfolio ranges from small cars all the way to luxury-class vehicles. Ducati offers motorcycles. In the light and heavy commercial vehicles sector, the products range from pick-ups to buses and heavy trucks. Every weekday, 671,205 employees around the globe produce on average 44,567 vehicles, are involved in vehicle-related services or work in other areas of business. The Volkswagen Group sells its vehicles in 153 countries.

In 2019, the total number of vehicles delivered to customers by the Group globally was 10.97 million (2018: 10.83 million). The passenger car global market share was 12.9 percent. Group sales revenue in 2019 totalled EUR 252.6 billion (2018: EUR 235.8 billion). Earnings after tax in the fiscal year now ended amounted to EUR 14.0 billion (2018: EUR 12.2 billion).

Volkswagen Group United Kingdom is a wholly-owned subsidiary of Volkswagen AG, and is the importer of Audi, SEAT, ŠKODA cars as well as Volkswagen passenger cars and commercial vehicles. The company directly employs approximately 1,000 people in the UK, and approximately 25,000 more are employed in the retail networks, logistics operations and with Financial Services.

In 2019 the Group sold over 478,000 cars, achieving a market share of close to 21%, plus a further 42,000 vans and pick-ups, through our network of over 600 retailers – making Volkswagen Group the clear UK number one.