BP Pulse has signed a $100 million deal to buy Tesla’s EV chargers – Ultra-fast charging hardware units. This is the first time that Tesla’s advanced chargers will be used by an independent EV charging network.
This is a significant stride towards enhancing the US EV charging infrastructure. The investment aligns with BP’s ambitious plan to invest up to $1 billion in the US EV charging network by 2030. Bp pulse, spearheading this initiative, has already installed over 27,000 global charging points and aims to exceed 100,000 by 2030.
Scheduled to start in 2024, the deployment of Tesla’s chargers, known for their powerful 250 kW output, will prioritize key BP brand locations, with initial installations in major cities such as Houston, Phoenix, Los Angeles, Chicago, and Washington D.C. These chargers, featuring Tesla’s ‘Magic Dock,’ ensure compatibility with a wide range of EVs, supporting both North American Charging Standard (NACS) and Combined Charging System (CCS) connectors.
Bp pulse aims to offer a comprehensive EV charging solution by pairing its Omega intelligent charge management software with Tesla’s robust chargers, optimizing the charging process especially for commercial fleets. Richard Bartlett, Global CEO of bp pulse, and Rebecca Tinucci, Tesla’s Senior Director of Charging Infrastructure, both expressed enthusiasm for the transformative potential of the partnership, highlighting its alignment with their visions of advancing sustainable energy solutions and enhancing the EV charging experience.
This collaboration symbolizes BP’s strategic shift towards prioritizing emerging sectors like EV charging, having committed to a remarkable investment in these sectors, which constituted about 30% of BP’s total investment in 2022, up from around 3% in 2019. Overall, the BP-Tesla partnership signifies a monumental advancement in the EV charging sector, embodying innovation, collaboration, and a shared vision for a resilient and accessible EV charging infrastructure.
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