Octopus Electric Vehicles signs landmark deal with BYD

Octopus Electric Vehicles has signed a deal with Chinese electric car manufacturer BYD for the purchase of 5,000 EVs over the next three years.

BYD is set to bring its electric vehicle offering to the UK later this month, and Octopus has now signed an agreement to purchase 5,000 new electric vehicles from BYD.

The BYD ATTO 3 all-electric SUV boasts a range of 260-miles and a 0-62 mph time of just over seven seconds. The vehicle will be the latest addition to Octopus Electric Vehicle’s lineup of 85 models from all makes available in the UK.

BYD has chosen Octopus Electric Vehicles as its preferred provider of salary sacrifice EVs. The whole package offers drivers 30% or more off the cost of the car, making it the cheapest way to lease BYD’s electric cars. This offer will support both business and personal customers alike, with the full package service including the car, installation of a home charge point, maintenance, repairs, and tyres covered in the monthly price, and special EV energy tariffs that help drivers save money.

Oliver Boots, our Chief Commercial Officer, said: “When Octopus Electric Vehicles launched, there were only a handful of EVs on the market. We’re now at more than 85, and the figure is rising all the time. Being able to partner with BYD as they launch in the UK is a real milestone. They’re a global leader, and we’re looking forward to being able to offer our 5* Trustpilot service to customers, accelerating our growth and moving us another step closer to zero-emission transport in the UK.”

Michael Shu, General Manager and Managing Director, BYD Europe and International Cooperation Division, said: “We are delighted to enter this cooperation with Octopus Electric Vehicles. This is an exciting new chapter for BYD as we bring our latest products and leading technologies to customers in the UK, as shown in our innovative range of electric passenger cars, starting with the BYD ATTO 3. BYD staunchly believes in partnerships with like-minded organisations, and our shared commitment to e-mobility and sustainable innovation for a greener future endorses our mutual aims.”