BP to Buy UK’s Largest EV Charging Company

Oil supermajor BP said on Thursday that it would buy the UK’s largest electric vehicle (EV) charging company, Chargemaster, in the latest show of Big Oil’s move into EV charging networks.

Chargemaster, which has more 6,500 EV charging points across the UK, also designs, builds, sells, and maintains EV charging units for a wide range of locations, including for home charging.

After the acquisition is completed, Chargemaster will be re-branded to BP Chargemaster and will operate as a wholly owned BP entity.  BP Chargemaster will combine Chargemaster’s EV charging network with BP’s 1,200 service stations in a move that will widen access to electric vehicle charging in the UK, BP said.

BP Chargemaster will rollout ultra-fast charging infrastructure, including 150 kW chargers capable of delivering 100 miles of range in 10 minutes.

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