28 Jun '18, 11am

BP to acquire the UK’s largest electric vehicle charging company https://t.co/dxXhcMVyNv

Chargemaster also designs, builds, sells and maintains EV charging units for a wide range of locations, including for home charging. The number of EVs on the road is anticipated to increase rapidly in coming decades with, according to BP estimates, 12 million EVs expected to appear on UK roads by 2040, up from around 135,000 in 2017. BP has embarked on a strategy to advance the energy transition, including by developing convenient and innovative EV charging technologies and growing new businesses and supporting opportunities for customers to reduce their emissions. The company believes that in order to accelerate the adoption of EVs, customers will require convenient access to fast and ultra-fast charging. BPs UK retail network is well positioned to provide this access with over 1,200 service stations across the country. A key priority for BP Chargemaster will be the rollo...

Full article: https://www.renewableenergymagazine.com/electric_hybrid_v...

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