British renewable energy company Octopus Energy is expanding its electric vehicle leasing business, Octopus Electric Vehicles (Octopus EV), to Germany. With over 800,000 customers in Germany, the company aims to boost EV adoption with a comprehensive package including vehicle leasing, home charger installation, and an energy-efficient tariff.

Octopus Energy’s Intelligent Octopus smart tariff can help German drivers save up to €450 ($527) annually by charging during off-peak, cheaper, and greener times. The company plans to introduce vehicle-to-grid (V2G) technology in Germany to supply power back to the grid during peak demand, replicating its success in the UK.

Octopus EV is set to commence operations in Germany by early 2026, offering services through online registration. The company’s aim is to simplify, make affordable, and promote green energy solutions for German customers, aligning with the country’s automotive industry and EV brands.

Read more at Yahoo Finance: Octopus Energy introduces EV leasing service in Germany