BP’s largest-ever EV charging expansion to invest £1 billion in UK over 10 years Investment unveiled during official visit by Transport Secretary Grant Shapps to bp pulse’s UK headquarters in Milton Keynes BP pulse set to approximately triple its number of charging points by 2030 The investment will enable the deployment of more rapid and […]
Oil major BP PLC (BP.L) said on Friday it plans to invest 1 billion pounds ($1.32 billion) in electric vehicle charging in the United Kingdom over the next decade, to meet the country’s growing demand for greener power. The company, which has sought to shift away from oil and expand operations in power markets and […]
BP said on Tuesday it was aiming to accelerate its goal to reach net-zero emissions by 2050 as the British energy giant seeks to shift away from fossil fuels and boost its renewable energy capacity. The company, which two years ago started on the biggest revamp in its history, now intends to halve its operational […]
When we founded AMPLY Power in 2018, we envisioned a way to make the transition to EV fleets seamless, efficient and affordable for public and private fleets. We knew firsthand the challenges facing fleets trying to go electric, from infrastructure to financing, and saw the great potential for a new, end-to-end energy management and charging […]
Supermajor says initial 60MW of electrolyser capacity could grow to 500MW by end of decade BP unveiled its largest green hydrogen initiative so far in its UK home market with plans for renewable H2 production in northeast England that it said could grow to half a gigawatt of electrolyser capacity by the end of the […]
New Delhi : BP Ventures has made its first direct investment in India by pumping in USD 13 million in integrated EV ride-hailing and charging company BluSmart. It led a USD 25 million Series A round that also saw support from Mayfield India Fund, 9Unicorns and Survam Partners, alongside other existing investors, the firm said […]
BluSmart will use the capital to expand its fleet of electric vehicles and charging stations from its home city of Delhi to five additional Indian cities in the next two years. New Delhi: BP Ventures has made its first direct investment in India by pumping in $13 million in integrated EV ride-hailing and charging company […]
All oil majors face mounting pressure from regulators and investors worldwide to develop cleaner energy and divest from fossil fuels, a primary source of greenhouse-gas emissions that cause global warming. LONDON : Deep in the Oman desert lies one of BP’s more lucrative projects, a mass of steel pipes and cooling towers that showcases the […]