BP invests in free electric transport business FreeBee
BP Ventures has invested $6 million in the all-electric ride-hailing business Freebee. This Miami-based company provides free on-demand transportation to local communities through their mobile app Ride Freebee. BP led the business’s $8 million Series A funding round with support from Freebee’s infrastructure capital partner, Tensile Mobility. Freebee finances its free-to-the-user trips through local governments
Amply Power rebrands as BP Pulse
Amply Power is becoming part of BP‘s global electrification brand, BP Pulse. BP acquired the fleet EV charging and energy management provider in December 2021. The companies say the decision to roll out the BP Pulse brand follows the brand’s launch in the United Kingdom in 2020. In Germany, BP’s charging solutions business operates as
BP to invest in new UK battery research & development center
BP plans to invest up to around $60 million in a new electric vehicle (EV) battery testing center and analytical laboratory in the UK. Planned to open by the end of 2024, the new facilities will be located at BP’s existing global headquarters for its Castrol business in Pangbourne, Berkshire, and will support the technology,
BP, Linde plan CCS project for decarbonization across Texas Gulf Coast
BP and Linde, a multinational chemical company, have announced plans to advance a major carbon capture and storage project in Texas that will enable low-carbon hydrogen production at Linde’s existing facilities. The development will also support the storage of carbon dioxide captured from other industrial facilities – paving the way for large-scale decarbonization of the
Volkswagen, BP partner to roll out EV fast charging in Europe
Volkswagen and BP have launched a strategic partnership that will boost the adoption of electric vehicles across Europe, unveiling the first charger in Dusseldorf, Germany. The partners say they aim to transform access to EV charging in key European markets by rapidly building a fast charging network across Europe by 2024. Volkswagen’s Flexpole 150kW charging
Tritium, BP enter multi-year contract
Tritium DCFC Limited (“Tritium”), a manufacturer of DC fast chargers for electric vehicles, has entered into a multi-year contract with BP for the supply of chargers and related services to support BP’s global EV charging network. This forms a step change in the strategic nature of the relationship between both companies, with an initial order
BP to invest £1 billion in UK EV charging infrastructure
BP has announced new plans to invest £1 billion in electric vehicle charging in the UK. BP pulse, the company’s EV charging business, intends to make the investment over the next 10 years helping to meet the UK’s fast-growing demand for EV charging and support the country’s transition to low carbon transportation for both consumers