BP Downstream has acquired UK electric vehicle (EV) charging station network Chargemaster.
Chargemaster is the UK’s largest EV charging network company. It operates over 6,500 charge points across the country. Chargemaster also designs, builds, sells, and maintains EV charging stations for businesses and personal residences.
Bringing together the UK’s leading fuel retailer and its largest charging company, BP Chargemaster will deliver a truly differentiated offer for the country’s growing number of electric vehicle owners.
Combining BP’s and Chargemaster’s complementary expertise, experience and assets is an important step towards offering fast and ultra-fast charging at BP sites across the UK and to BP becoming the leading provider of energy to low carbon vehicles, on the road or at home.
Publicly, BP estimates that by 2040 there will be 12 million EVs on UK roads, up from around 135,000 in 2017.
BP is sitting on one of the UK’s largest retail networks, making it particularly well positioned to provide EV charging access to millions of drivers. It has 1,200 service stations across the country.
The company is also intent on rolling out what it calls “ultra-fast charging infrastructure, including 150kW rapid chargers capable of delivering 100 miles of range in just 10 minutes.
Reference- BP website, Cleantechnica, Google