Octopus Energy and CATL launch joint venture Swaptopus for battery-swapping hubs
The hubs will allow electric lorries to swap batteries in minutes, with first UK hubs in 2027 and over 30 planned across Europe by 2035.
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UK energy supplier and green technology provider
octopus.energyLast updated
In short: Octopus Energy expanded its global renewable portfolio and launched home battery solutions to help customers reduce their electricity costs.
The hubs will allow electric lorries to swap batteries in minutes, with first UK hubs in 2027 and over 30 planned across Europe by 2035.
The plug-in battery targets renters, and the wall-mounted system homeowners, available in five European countries from next year.
The fund manages 5.7 GW across 21 countries after rapid global expansion and increased deal activity.
The milestone includes £200 million saved in 2026 alone, with 1 million customers using smart tariffs to cut bills.
Octopus Energy is facing a union recognition battle as it grows from challenger brand into Britain's biggest household energy supplier. The Financial Times reported that...
Renewables investor expands global portfolio to 5.7 GW while accelerating investment into clean energy projects worldwide ...
Photo Credit: iStock Following a new European mandate, Octopus Energy Generation said its clean...
On June 22, CATL and Octopus Energy, the largest energy company in the UK, announced plans to establish a joint venture. The two parties will...
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