OCTOPUS Electric Vehicles (Octopus EV) has seen EV leasing enquiries jump 36% since the start of the conflict in the Middle East.
Petrol prices have reached some of the highest levels seen in over a year and Octopus says that unlike petrol and diesel, electricity can offer stable, predictable costs, especially when paired with renewable energy or fixed tariffs.
“Drivers are feeling the pinch every time they fill up their tank,” said Gurjeet Grewal, CEO of Octopus Electric Vehicles. “We’re seeing a real shift – people want certainty over their bills. Leasing an electric car gives drivers a simple, affordable way to break free from unpredictable fuel prices.”
Octopus EV offers all-inclusive leasing packages and smart charging solutions through the Octopus’s Intelligent Octopus Go EV tariff for smart charging at greener, cheaper times.
In addition, last week Octopus Electric Vehicles’ sister company Octopus Energy reported a 27% jump in solar enquiries in the early days of the conflict.
Read more from Broker News
- My month in vans – June 2026
- Broker News Newsletter 02 June 2026
- Ford LCV share continues to shrink
- Chinese surge accelerates market split
- BVRLA makes governance changes to bolster member representation
