EV-only leasing specialist, Octopus Electric Vehicles, has announced the appointment of Gurjeet Grewal as its permanent chief executive officer, following a successful period as interim CEO.

Grewal takes the helm in a permanent role as the company continues its rapid growth, simplifying the switch to electric for drivers and businesses across the globe.

Grewal was one of the very first employees to join Octopus EV back in 2018, taking on the role of director of operations before becoming chief operating officer. Over the past seven years, he has been at the core of the company’s journey – from its early start-up days to becoming one of the UK’s fastest-growing EV businesses.

Since stepping in as interim CEO in January 2025, Grewal has overseen a period where Octopus EV’s fleet has grown from 27,000 to more than 40,000, supported by £1.5 billion in funding from a range of financial institutions.

Commenting on his appointment, Gurjeet Grewal, CEO of Octopus Electric Vehicles, said: “I’m incredibly proud to have been part of Octopus EV’s journey from the very beginning. We’ve built something truly special – a mission-driven team that’s transforming mobility as we know it. As we enter our next phase of growth and move into different countries, we’ll continue to make electric driving simpler, smarter, and more affordable for everyone.”

Fiona Howarth, who founded Octopus Electric Vehicles in 2018 and led it through its remarkable growth story, will continue as founder and director, working closely with Grewal and the senior team on strategic partnerships and innovation.

Fiona added: “Gurjeet has been a driving force behind Octopus EV from day one. His leadership, vision, and passion for the mission make him the perfect person to lead us into this next chapter. I’m excited to continue working alongside him as we supercharge the transition to electric driving.”