29 Jun '18, 12pm

#BP to acquire the UK’s largest #EV charging company https://t.co/l0MEa9lSqD

BP has entered into an agreement to purchase Chargemaster, the UK’s largest electric vehicle (EV) charging company. Chargemaster operates the UK’s largest public network of EV charging points, with more than 6,500 across the country. It 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. BP estimates that by 2040 there will be 12 million EVs on UK roads, up from around 135,000 in 2017. BP is committed to developing new offers to meet changing customer demand and growing new businesses and supporting opportunities for customers to reduce their emissions. The development of convenient and innovative EV charging technologies and networks is a key part of BP’s strategy to advance the energy transition. BP believes that to accel...

Full article: http://www.greencarcongress.com/2018/06/20180629-bp.html

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