Smarter Fleet Electrification: How Octopus Electroverse is changing the game

In March 2025, the UK passed a major milestone in its shift toward sustainable transport: over 100,000 electric vehicle (EV) charge points installed nationwide! It's a number that signals progress - proof that the country's charging infrastructure is beginning to catch up with the ambitions of policymakers, businesses, and drivers.

For fleet operators, electrification isn’t just a buzzword; it’s a logistical overhaul. And for many, the journey to electric can have a few challenges: fragmented charging networks, unclear associated costs, and a lack of real-time operational oversight. That’s where Octopus Electroverse for Business comes in, with a set of tools designed to help businesses adapt efficiently and sustainably to the electric future.

The rise of fleet electrification in the UK

Business fleets are undergoing a dramatic transformation. In 2024 alone, around 25% of all fleet and business vehicle registrations were categorised as battery electric vehicles (BEVs) - 64,000 more compared to the previous year! 

Historically, the commercial charging space has been dominated by a handful of providers, often resulting in opaque pricing models, limited access to networks, and insufficient data for fleet optimisation. But the recent launch of the Octopus Electroverse Payments card in May 2025 signals a shift in how fleets can manage not just electric vehicle charging, but a wider range of driver expenses, including fuel (for transitioning fleets).

Unlike most existing solutions, the Electroverse Payments card is linked to a full management platform that consolidates everything from charging behaviour and VAT-ready receipts to public charging discounts and even conventional fuel purchases.

More importantly, it supports hybrid fleets that are in the process of transitioning, offering tools for both electric and fuel-powered vehicles. In essence, it meets businesses where they are, not where they’re expected to be.

Octopus Electroverse: A smarter fleet Payments card

For companies without dedicated workplace chargers, public charging networks are a lifeline. Yet navigating them (especially with a growing fleet) has been anything but smooth. Between infrastructure gaps, hidden fees, and minimal data insight, fleet managers have had limited means to efficiently manage day-to-day operations or forecast future costs.

That’s where Electroverse’s platform makes a difference, removing longstanding barriers to fleet electrification. Fleet administrators get a real-time view of where and when their drivers are charging, how much it costs, and where improvements can be made. Monthly billing is simplified. Reports are detailed and exportable. It’s built to change as fleet electrification changes, and that’s precisely the point.

Crucially, for businesses with electric vehicles, Electroverse for Business is linked to  Europe’s largest EV charging network: Octopus Electroverse, so drivers aren’t limited to one or two providers; they have a huge amount of choice and reliability, meaning their next charge is always just around the corner. And thanks to Plunge Pricing, a dynamic model that offers up to 45% off charging during periods of surplus renewable energy, businesses can reduce both costs and carbon footprints at the same time.

Full control with end-to-end fleet management tools

Behind the technology is a bigger idea: that the tools of electrification should empower, not restrict. 

As more fleets transition to electric, the need for competition in charging infrastructure is growing. Monopolies tend to stall innovation. With Electroverse for Business, there’s now an alternative - one focused not just on cost savings but on adapting with fleet new technology and electrification needs.

This philosophy isn’t new to Octopus. Back in 2015, Octopus Energy entered the home energy market dominated by a few large utilities and carved out a place by prioritising transparency and user experience. Electroverse is now applying the same disruptive mindset to commercial EV charging.

Looking ahead - supporting the electric transition for hybrid fleets

The UK’s net-zero targets won’t be met by passenger vehicles alone. Business fleets, often high-mileage, high-impact contributors, are a crucial piece of the puzzle. But they need more than incentives and regulation. They need infrastructure, visibility, and simplicity.

As electrification accelerates, the tools that support it must evolve too. Whether your fleet is halfway through its transition or just getting started, the future is becoming clearer: it’s electric, connected, and increasingly intelligent.

And in that future, platforms like Octopus Electroverse aren’t just helpful, they’re essential. 

The new platform is designed with flexibility and ease in mind. There are no fixed contracts, so businesses can scale or opt out as their needs change - no strings attached. Billing is streamlined through a simple monthly Direct Debit, with the added benefit of flexible payment dates tailored to growing businesses.

Fleets gain seamless access to Europe’s largest EV charging network, along with a wide range of fuel providers, making it ideal for companies managing both electric and fuel-powered vehicles.

To help keep costs down, Electroverse also offers exclusive charging discounts through partnered networks. A standout feature is Plunge Pricing, a first-of-its-kind dynamic model that gives businesses up to 45% off charging during periods when renewable energy supply exceeds demand.

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