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BP is buying the UK's largest electric vehicle charging company for £130 million

 Last Update: 2022-12-27
 Source: Internet
 Author: User

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Oil giant BP is buying Chargemaster
, the UK's largest electric vehicle charging company, for £130 million.

BP is buying the UK's largest electric vehicle charging company for £130 million

BP operates 1,200 petrol stations but said earlier this year it expected renewables to be the fastest-growing fuel source
.

BP says the number of electric vehicles in the UK will increase from the current 135,000 to 12 million by 2040
.

BP's move is similar
to rival Shell, which bought car charging company NewMotion last year.

All leading automakers are switching to electric vehicle production
.
Volkswagen, the world's largest automaker, said it would offer 300 models of electric vehicles
by 2030.

Upon completion of the acquisition, Chargemaster will be renamed BP Chargemaster
.
The company currently has 6,500 charging points and also sells charging points
for home electric vehicles.

BP said the acquisition is an important step
for the company to become a leading energy supplier for low-carbon vehicles.

，

Oil giant BP is buying Chargemaster
, the UK's largest electric vehicle charging company, for £130 million.

Electric vehicle

BP is buying the UK's largest electric vehicle charging company for £130 million

BP operates 1,200 petrol stations but said earlier this year it expected renewables to be the fastest-growing fuel source
.

BP says the number of electric vehicles in the UK will increase from the current 135,000 to 12 million by 2040
.

BP's move is similar
to rival Shell, which bought car charging company NewMotion last year.

All leading automakers are switching to electric vehicle production
.
Volkswagen, the world's largest automaker, said it would offer 300 models of electric vehicles
by 2030.

Upon completion of the acquisition, Chargemaster will be renamed BP Chargemaster
.
The company currently has 6,500 charging points and also sells charging points
for home electric vehicles.

BP said the acquisition is an important step
for the company to become a leading energy supplier for low-carbon vehicles.

，

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