Business

BP buys $100 million worth of Tesla chargers

1 Mins read

Oil and gas company BP has agreed to purchase $100 million worth of electric vehicle chargers from Tesla. This marks the first time Tesla has ever sold chargers to another company, according to an announcement from BP.

BP will begin installing the chargers next year, but no specific number of chargers was mentioned in the announcement. The company is purchasing 250 kilowatt fast chargers, the sort usually called Superchargers by Tesla. These chargers won’t look like other Tesla chargers, though. They will be branded with a “BP Pulse” logo and will be used as part of BP’s own charging network.

The chargers will be able to power vehicles with either Tesla’s NACS charging port, which many other automakers have announced they are switching to, or the CCS charging port currently common on most non-Tesla EVs.

Tesla did not respond to a request for more information on the arrangement.

The chargers will be installed at various BP-owned locations including TravelCenters of America, Thorntons and Amoco locations, the company said. Some will also be installed at third-party locations, such as Hertz centers, as part of a previously announced deal.

BP Pulse, BP’s EV charging business, operates 27,000 charging points currently and has announced plans for rapid expansion.

Read the full article here

Related posts
Business

Jaguar Land Rover suspends exports to US as tariff fallout spreads

3 Mins read
Stay informed with free updates Simply sign up to the Automobiles myFT Digest — delivered directly to your inbox. Jaguar Land Rover…
Business

Direct economics — the great Maga experiment

3 Mins read
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world…
Business

Flight to safety pushes 10-year Treasury yield below 4%

2 Mins read
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A flight…
Get The Latest News

Subscribe to get the top fintech and
finance news and updates.

Leave a Reply

Your email address will not be published. Required fields are marked *