Bringing together two organizations committed to delivering a more sustainable future, the innovation agreement between ABB and Octopus Group will help accelerate the transition to electric buses and commercial fleets.
The collaboration provides a one-stop-shop solution for operators, who can now source the financing and renewable energy supply needed to launch an EV fleet from Octopus and the required electrical infrastructure solutions from ABB. As a pioneering technology leader committed to writing the future of mobility and energy, ABB is constantly looking for innovative ways to drive increased adoption of sustainable mobility solutions. Working with Octopus Group is a natural fit based on its delivery of innovative zero-emission transport initiatives, and its considerable contribution to renewable energy generation and supply.
Together, ABB and Octopus Group seek to explore and develop further e-mobility market offerings that will support fleet operators achieve a successful transition to zero emission transport. Operators will be able to source the required mobility investment from Octopus Group, through flexible financing models and renewable electricity supply, while ABB will pro-vide its market leading EV charging infrastructure and energy technologies to deliver the transition to electric buses and commercial fleets, empowering new adoption levels.
The collaboration addresses the clear need to reduce emissions, with ambitious government targets and clean city initiatives in place around the world. ABB and Octopus Group bring together like-minded teams who have the resource, experience and complementary technical expertise to help meet such targets and to usher in sustainable solutions for bus and fleet, simplifying the transition to zero emission.
Frank Muehlon, head of ABB’s global EV charging business commented: “Our collaboration with Octopus Group marks a very positive step for the wider transition of public and commercial fleets to electric on a global scale. We are proud to be working with Octopus and together we will break down the barriers to adoption and accelerate innovation in this critical field.” ABB and Octopus redefine the current transport relationship to one where more sustainable choices are viable, freeing up capital and resources to support core business growth.
Daniel Saunders, Investment Director at Octopus, added: “We continue to invest in ideas, people and enterprises that change the world. This collaboration with ABB embraces that spirit and our drive towards a low emission-low carbon fu-ture. By working with like-minded partners, we increase our ability to innovate and create new offerings to help realize the potential of electrified zero-emission transport and intelligent energy services that benefit society.”
Working at the forefront of EV charging technology for over 10 years, ABB has developed a broad portfolio of charging solutions for heavy vehicles and commercial fleets ranging from 3 to 600kW, with 10,500 DC fast chargers sold across 73 countries.