Pollen Street Capital has agreed to provide Octopus Electric Vehicles with £150m to expand its salary sacrifice offering, Sky News understands.
Please use Chrome browser for a more accessible video playerShe added:"With this demand, the UK is ever more attractive for EV charging investment and a destination for new electric car brands.Octopus EV, which has been working on the additional funding for several months, counts McLaren, Nando's and the property portal Zoopla among its clients.
It said earlier this year that it had been adding roughly 85,000 employees to its potential customer base each quarter.It recently launched Octopus Electric Vehicles in the US. Octopus EV is a subsidiary of Octopus Energy Group, which has received more than $1bn in funding over the last two years, with its last round giving it a valuation of $5bn.
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